Uber has acquired online food delivery service Postmates for $2.65 billion in stock, according to the NY Times and Bloomberg.
Uber to Buy Postmates for $2.65 Billion – NY Times
SAN FRANCISCO — Uber has agreed to acquire the food delivery start-up Postmates for $2.65 billion, said two people with knowledge of the deal, as the ride-hailing firm aims to grow its presence in on-demand food delivery while its core business struggles.
Link: Uber to Buy Postmates for $2.65 Billion – NY Times
via: New York Times
Uber Technologies (UBER) To Buy Postmates For $2.65 Billion: Report – pulse2.com
The board of directors at Uber Technologies Inc (NYSE: UBER) has reportedly approved a $2.65 billion acquisition of food delivery company Postmates in an all-stock deal. The board of directors at Uber Technologies Inc (NYSE: UBER) has reportedly approved a $2.65 billion acquisition of food delivery company Postmates in an all-stock deal.
Link: Uber Technologies (UBER) To Buy Postmates For $2.65 Billion: Report
via pulse2.com