Uber Reportedly in Talks to Acquire Postmates as Food Delivery Rises in Usage
Uber is reportedly in talks to acquire Postmates in a potential multibillion dollar deal.
The news comes as the company also considers going public as food delivery services rise in popularity amid the coronavirus pandemic.
Uber's Acquisition of Postmates Heats Up the Food Delivery WarsFood delivery services continue to grow in popularity amid the coronavirus pandemic. In this deep dive, Cheddar examines Uber's acquisition and the current state of competition in the industry.
Uber Purchases Postmates in More Than $2.5 Billion DealUber acquires Postmates in a $2.65 billion deal that will allow Postmates to continue to operate as a separate business.
Uber Postmates Deal: Everything You Need to KnowUber wanted to acquire Grubhub, which was recently bought instead by JustEat Takeaway, as the food-delivery market is both promising and saturated.