Uber buys Postmates in $2.65 billion all-stock deal

Uber buys Postmates in $2.65 billion all-stock deal

Seattle Times

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SILVER SPRING, Md. (AP) — Uber finally got its food delivery company, acquiring Postmates in a $2.65 billion all-stock deal, the ride-hailing giant confirmed Monday. Uber and its Uber Eats food-delivery division will gain ground against DoorDash, which controls about 37% of the U.S. food delivery market. That’s compared with Uber Eats’ 20% share before […]

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