Key facts
- DoorDash is in advanced talks to acquire Instacart.
- A deal could be completed as soon as this week.
- Instacart's valuation is around $12 billion, likely to fetch $15 billion.
- DoorDash's market capitalization is roughly $75 billion.
- The companies would likely not face antitrust issues under the current administration.
DoorDash is reportedly in advanced talks to acquire Instacart, with a deal potentially being finalized this week. The acquisition would merge Instacart's grocery-focused platform with DoorDash's restaurant delivery services, creating a significant player in the home-delivery market. Competition in this space is intense, primarily from Amazon and Walmart. While antitrust concerns were previously a hurdle for such a deal, the current administration's approach to mergers may be less stringent, though this could change depending on upcoming election outcomes.