Uber, which is deep into its yearslong effort of becoming a profitable company, has bought rival Postmates for $2.65 billion. The move to purchase Postmates, announced Monday, will help Uber's food ...

Uber has acquired online food delivery service Postmates for $2.65 billion in stock, according to the NY Times and Bloomberg. The deal is expected to help Uber better compete against food delivery ...

Uber said Monday that it is acquiring Postmates, a move that adds to the ride-hailing company's efforts to control more of the food delivery market amid a slowdown in its core business. The deal, an ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More With the advent of on-demand food delivery platforms such as Uber Eats, ...

[Updated 7/8/2020] Uber Confirms Postmates Deal. How Will It Drive Profitability? On Monday, Uber confirmed that it will be acquiring food delivery service Postmates for approximately $2.65 billion in ...

When you shop through retailer links on our site, we may earn affiliate commissions. 100% of the fees we collect are used to support our nonprofit mission. Learn more. About 40 percent of Americans ...

Uber is absorbing Postmates in a deal worth $2.65 billion in stock. An official announcement from the ride-hailing behemoth and delivery platform confirming the deal was released Monday morning. The ...

The National Football League is naming Postmates as its very first on-demand food delivery partner. In this context, a partnership means a multiyear sponsorship, which also makes Postmates a sponsor ...

Uber is buying the delivery app Postmates, bolstering its food-delivery business at a time when few people are hailing rides. The $2.65 billion all-stock deal is a sign of how Uber's business model ...

One way to figure out how long someone’s lived in San Francisco is to bring up app-based food delivery. To folks who arrived here after their popularity (say, in the early 2010s), it’s a service ...

An icon in the shape of a lightning bolt. Impact Link Uber is set to acquire the food-delivery startup Postmates in a $2.6 billion deal, The New York Times and Bloomberg reported Sunday. People ...

Posts from this topic will be added to your daily email digest and your homepage feed. The on-demand food delivery industry marches on The on-demand food delivery industry marches on is a Senior ...