DoorDash to acquire Instacart
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Together, DoorDash and Instacart would help stores of every size reach more customers with the kinds of innovative technology that the biggest online retailers and grocers build for themselves.
DoorDash 和 Instacart 将共同帮助各种规模的商店利用大型在线零售商和杂货商为自己构建的创新技术，触达更多客户。
Transaction values Instacart at $65.00 per share, representing a 26% premium to Instacart’s closing price on October 22, 2026.
此次交易对 Instacart 的估值为每股 65.00 美元，较 Instacart 2026 年 10 月 22 日的收盘价溢价 26%。
Together, DoorDash and Instacart would help stores of every size reach more customers with the kinds of innovative technology that the biggest online retailers and grocers build for themselves.
DoorDash 和 Instacart 将共同帮助各种规模的商店利用大型在线零售商和杂货商为自己构建的创新技术，触达更多客户。
Consumers to benefit from more choice and access to affordable delivery and savings.
消费者将受益于更多的选择，并能获得更实惠的配送服务和节省开支的机会。
Dashers and Shoppers to have more earnings opportunities and more choice over when and how they earn.
Dashers（DoorDash 配送员）和 Shoppers（Instacart 购物员）将获得更多的收入机会，并能更自由地选择工作时间和方式。
DoorDash, Inc. (NASDAQ: DASH) and Maplebear Inc. (d.b.a. Instacart, NASDAQ: CART) today announced a definitive agreement under which DoorDash will acquire Instacart for a total value of $65.00 for each Instacart share, or an equity value of approximately $17 billion. The aggregate transaction consideration will be at least 75% cash, with Instacart stockholders able to elect cash, DoorDash stock, or a combination of both, subject to proration so that DoorDash stock does not exceed 25% of the aggregate consideration. Instacart’s board of directors has unanimously approved the agreement.
DoorDash, Inc. (纳斯达克股票代码：DASH) 和 Maplebear Inc. (以 Instacart 名义运营，纳斯达克股票代码：CART) 今日宣布达成最终协议，DoorDash 将以每股 65.00 美元的价格收购 Instacart，总股权价值约为 170 亿美元。交易总对价中至少 75% 为现金，Instacart 股东可以选择现金、DoorDash 股票或两者的组合，但需按比例分配，以确保 DoorDash 股票不超过总对价的 25%。Instacart 董事会已一致批准该协议。
DoorDash and Instacart share a mission to help local businesses succeed. Families turn to Instacart for the big weekly shop and to DoorDash for meals and nearly anything else they need from their neighborhood in under an hour. 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. On either app, customers pick a store in their own community, and the store makes the sale. Consumers will have more stores to choose from, more savings opportunities when they choose to shop with a local business, and faster delivery options, while Dashers and Shoppers will have more ways to earn.
DoorDash 和 Instacart 拥有共同的使命，即帮助本地企业取得成功。家庭用户通过 Instacart 进行每周的大宗采购，通过 DoorDash 订购餐点以及在不到一小时内获取社区周边的几乎任何所需物品。合并后的公司将为各种规模的杂货商和零售商提供 DoorDash 的配送网络以及 Instacart 的杂货和履约技术，这些服务将集成在双方的应用程序以及商店自己的网站中，同时还将提供两家公司各自构建的广告和人工智能工具。在任一应用程序上，客户都可以选择自己社区内的商店，并由该商店完成销售。消费者将拥有更多商店选择，在选择本地商家购物时有更多节省开支的机会，并能获得更快的配送选项，而 Dashers 和 Shoppers 也将拥有更多赚钱途径。
Most grocery shopping still happens in stores, but more people are buying groceries and everyday goods online. They expect fast, affordable delivery and an easy way to order. The biggest online retailers and grocers are racing ahead, building their own delivery fleets, warehouses, membership programs, and AI shopping assistants. A grocer or retailer running on thin margins cannot build all of that alone, and with AI, the playing field risks being tilted even further away from local commerce.
大多数杂货采购仍在线下商店进行，但越来越多的人开始在线购买杂货和日常用品。他们期望获得快速、实惠的配送服务和便捷的订购方式。大型在线零售商和杂货商正在竞相发展，建立自己的配送车队、仓库、会员计划和人工智能购物助手。利润微薄的杂货商或零售商无法独自完成所有这些建设，而在人工智能的推动下，竞争环境有进一步偏离本地商业的风险。
DoorDash and Instacart believe that communities benefit when Main Street competes, and they build the tools that empower local businesses. Together, they could help local stores grow online. More grocers could deploy Instacart’s technology to run their own websites and retail media networks, bringing them more sales and advertising revenue. Brands would gain a scaled alternative for reaching customers online. Grocers could add capacity for online orders through DoorDash’s DashMart Fulfillment Services and offer faster, more accurate, and more affordable delivery.
DoorDash 和 Instacart 坚信，当商业街（Main Street）能够参与竞争时，社区将从中受益，因此他们致力于构建赋能本地企业的工具。通过合作，他们可以帮助本地商店实现线上增长。更多的杂货商可以部署 Instacart 的技术来运营自己的网站和零售媒体网络，从而带来更多的销售额和广告收入。品牌方将获得一种规模化的在线触达客户的替代方案。杂货商可以通过 DoorDash 的 DashMart 履约服务增加在线订单的处理能力，并提供更快、更准确、更实惠的配送服务。
“Grocery is one of the hardest things to get right online. Someone has to pick a ripe avocado, find a substitute you’d choose yourself, and get the ice cream to you before it melts,” said Tony Xu, co-founder and CEO of DoorDash. “Instacart has spent years learning to do that well for grocers, while DoorDash has built a delivery network and technology that local stores rely on every day. Together, we could give stores of every size more of those tools and unlock the potential of grocery delivery. It’s still early innings, but we know that when more people shop local, more dollars stay local.”
“杂货业务是在线领域最难做好的业务之一。必须有人挑选成熟的牛油果，找到你自己也会选择的替代品，并在冰淇淋融化前将其送到你手中，”DoorDash 联合创始人兼首席执行官 Tony Xu 表示。“Instacart 多年来一直在学习如何为杂货商做好这一点，而 DoorDash 则建立了一个本地商店每天都依赖的配送网络和技术。通过合作，我们可以为各种规模的商店提供更多此类工具，并释放杂货配送的潜力。虽然现在还处于早期阶段，但我们知道，当更多人选择本地购物时，更多的资金就会留在本地。”
“Over the last 14 years, Instacart has transformed online grocery by helping retailers of all sizes compete and grow, and joining forces with DoorDash allows us to do even more,” said Chris Rogers, CEO of Instacart. “When our purpose-built grocery technology and trusted retailer and brand relationships are combined with DoorDash’s global consumer reach and logistics capabilities, we can create new opportunities for our retail and brand partners, offer an even better experience for customers and shoppers, and deliver compelling value for our shareholders. Together, we can accelerate innovation across the grocery industry and make online grocery more seamless and affordable for the millions of households we serve.”
“在过去的 14 年里，Instacart 通过帮助各种规模的零售商竞争和成长，改变了在线杂货行业，而与 DoorDash 联手使我们能够做得更多，”Instacart 首席执行官 Chris Rogers 表示。“当我们将专门构建的杂货技术以及值得信赖的零售商和品牌关系与 DoorDash 的全球消费者覆盖范围和物流能力相结合时，我们可以为我们的零售和品牌合作伙伴创造新的机会，为客户和购物者提供更好的体验，并为我们的股东创造引人注目的价值。通过合作，我们可以加速整个杂货行业的创新，并使我们所服务的数百万家庭的在线杂货购物变得更加无缝和实惠。”
Benefits and commitments
收益与承诺
DoorDash expects many benefits will flow from the transaction, including:
DoorDash 预计此次交易将带来诸多益处，包括：
More Choice for Consumers: Instacart customers could shop at more than 50,000 additional stores, on top of the nearly 100,000 stores on the Instacart platform today.
为消费者提供更多选择：Instacart 客户除了可以在目前 Instacart 平台上的近 10 万家商店购物外，还可以额外在超过 5 万家商店购物。
Two Memberships for the Price of One: DashPass and Instacart+ members would pay one membership fee instead of two, which would save them an estimated $100 million per year on membership fees alone.
一份价格享受两份会员权益：DashPass 和 Instacart+ 会员只需支付一份会员费，而不是两份，仅此一项每年预计可为他们节省 1 亿美元的会员费。
More Ways to Earn for Dashers and Shoppers: More orders for local businesses can create more earning opportunities, with more choice over when and how they earn, whether that’s grocery orders on a quiet day, restaurant orders at peak times, or both.
为 Dashers 和 Shoppers 提供更多赚钱途径：本地企业订单的增加可以创造更多的收入机会，他们可以更自由地选择工作时间和方式，无论是淡季的杂货订单、高峰期的餐厅订单，还是两者兼顾。
DoorDash is proud to share a few of the post-close commitments it is making today that demonstrate how this deal benefits local communities:
DoorDash 很荣幸分享其今天做出的几项交易完成后的承诺，这些承诺展示了该交易如何造福当地社区：
Open Platform, No Grocery Exclusivity: Local grocers can work with any delivery platform they choose to help them grow.
开放平台，无杂货排他性：本地杂货商可以与他们选择的任何配送平台合作，以帮助他们实现增长。
Shoppers Keep What They Love: Instacart Shoppers can keep the features they love, including the flexibility to choose how much they work and the information they need to decide which batches to accept, and choose whether to take on DoorDash orders or keep shopping only on Instacart.
购物者保留他们喜爱的功能：Instacart 购物者可以保留他们喜爱的功能，包括灵活选择工作时长、获取决定接受哪些订单所需的信息，并可以选择是接取 DoorDash 的订单，还是仅继续在 Instacart 上购物。
Following closing, DoorDash is expected to keep Instacart’s brand, enterprise technology products, and app. Until the transaction closes, DoorDash and Instacart will continue to operate as separate and independent companies.
交易完成后，预计 DoorDash 将保留 Instacart 的品牌、企业技术产品和应用程序。在交易完成之前，DoorDash 和 Instacart 将继续作为独立的公司运营。
The value of $65.00 per Instacart sha
每股 Instacart 股票 65.00 美元的价值