Uber scoops up Postmates for $2.65 billion in 'everyday' delivery push

Uber scoops up Postmates for $2.65 billion in 'everyday' delivery push

4 years ago
Anonymous $qOHwDUKgAF

https://www.reuters.com/article/us-postmates-m-a-uber/uber-scoops-up-postmates-for-2-65-billion-in-everyday-delivery-push-idUSKBN2471GQ

Uber Technologies Inc on Monday said it would acquire Postmates Inc for $2.65 billion to expand its food delivery market share and significantly increase the business of supplying everyday goods at a time when the coronavirus has pummeled its core ride-hailing service.