tl;dr: DoorDash is acquiring Instacart for roughly $17 billion ($65/share, a 26% premium), with consideration at least 75% cash and up to 25% DoorDash stock. The combined company would merge DoorDash's delivery network with Instacart's grocery/fulfillment tech, consolidate DashPass and Instacart+ memberships, and keep Instacart's brand and app post-close. The deal is expected to close in late 2027 or early 2028, pending stockholder and regulatory approvals in the US, Canada, and Israel.