Uber Buying Postmates for $2.65 Billion to Expand Food Delivery

Video News
Jul.06 — Uber Technologies Inc. agreed to buy Postmates Inc. for $2.65 billion to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered. Scott Kessler of Third Bridge appears on “Bloomberg Technology.”

Products You May Like

Articles You May Like

Apple to Launch Camera Airpods, Foldable iPhone in 2027
Rumble Bets on AI Compute Demand With New AI Platform

Leave a Reply

Your email address will not be published. Required fields are marked *