Uber to buy Postmates in $2.65 billion stock deal, expands food-delivery reach

Uber to buy Postmates in $2.65 billion stock deal, expands food-delivery reach

4 years ago
Anonymous $qOHwDUKgAF

https://www.reuters.com/article/us-postmates-m-a-uber/uber-to-buy-postmates-in-2-65-billion-stock-deal-expands-food-delivery-reach-idUSKBN2471GQ

Uber Technologies Inc said on Monday it would buy Postmates Inc in a $2.65 billion deal, looking to expand its reach into the food-delivery market as the coronavirus crisis upends its core ride-hailing business.

Uber to buy Postmates in $2.65 billion stock deal, expands food-delivery reach

Jul 6, 2020, 1:19pm UTC
https://www.reuters.com/article/us-postmates-m-a-uber/uber-to-buy-postmates-in-2-65-billion-stock-deal-expands-food-delivery-reach-idUSKBN2471GQ >Uber Technologies Inc said on Monday it would buy Postmates Inc in a $2.65 billion deal, looking to expand its reach into the food-delivery market as the coronavirus crisis upends its core ride-hailing business.