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Nadeem Sarwar / Digital Trends

DoorDash has announced that it is acquiring grocery giant Instacart at an equity valuation of $17 billion, in a cash-and-stock deal. Subject to regulatory and shareholder approvals, the deal is expected to close by the end of 2027 or in the first half of 2028. DoorDash claims that, thanks to the deal, customers will have the flexibility to buy daily essentials from more stores, which also increases their chances of getting bargain deals and faster deliveries.

“The combined company will offer grocers and retailers of every size DoorDash’s delivery network and Instacart’s grocery and fulfillment technology, in both apps and on stores’ own websites, along with the advertising and AI tools each company has built,” the company said in a press statement.…