Tag Archives: Uber scoops up Postmates for $2.65bn

NEW YORK: 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. The all-stock deal, still subject to regulatory approval, would give Uber a roughly 30 per cent …

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