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Uber to Acquire Food Delivery App Postmates
July 7th, 2020 - 08:05 GMT

Uber to Acquire Food Delivery App Postmates

Uber has agreed to buy food delivery app Postmates in a multibillion-dollar deal, according to Bloomberg. The San Francisco-based rideshare giant has been badly affected by the coronavirus pandemic -- cutting a quarter of its global workforce in May -- and has been looking to boost its growing food delivery service Uber Eats. Bloomberg reported an expected $2.65 billion deal with start-up Postmates will be announced on Monday morning in ...
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