Internet related News · 2020-07-06

Uber to buy Postmates for $2.65 bln – News


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


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