Uber Buys Postmates at Buying

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Uber Buys Postmates. It’s part of an ongoing consolidation trend in delivery: In a move that significantly strengthens its position in the food delivery market, uber has acquired rival food delivery app postmates for $2.65 billion.

Uber Eats Takes Things To New Heights
Uber Eats Takes Things To New Heights from cheddar.com

By purchasing postmates in the $2.65 billion deal, uber removed a major competitor in the food delivery market and put itself on a clearer path to profitability. Uber has reportedly made an offer to acquire postmates, a smaller rival to its food delivery service, uber eats, for about $2.6 billion. In a move that significantly strengthens its position in the food delivery market, uber has acquired rival food delivery app postmates for $2.65 billion.

Uber Eats Takes Things To New Heights

[1] while the delivery space has been a. In less than a month after losing out on a deal with grubhub, uber has made a second offer, this time looking to buy postmates. Uber has reportedly made an offer to acquire postmates, a smaller rival to its food delivery service, uber eats, for about $2.6 billion. Uber buys postmates for $2.65 billion.