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 Looking To Buy PostmatesThe NY Times and Business Insider report that Uber is holding acquisition talks with food delivery startup Postmates.
Earlier this year Uber was reported to be holding acquisition talks with..
Postmates Could Be Purchased by Uber for a Reported $2.6BAfter failing to reach a deal to buy rival Grubhub, Uber is reportedly eyeing a purchase of another food delivery startup; Postmates. Veuer’s Justin Kircher has more.
Delivery drivers say a Valley restaurant is operating out of apartment kitchenThe coronavirus pandemic shut down Arizona restaurants for months this year. During that time nearly every one of them moved to delivery apps like DoorDash, Postmates, GrubHub or Uber Eats.