July 6, 2020 07:06 am -04

Uber reportedly acquires Postmates for $2.65 billion

Uber has acquired online food delivery service Postmates for $2.65 billion in stock, according to the NY Times and Bloomberg. The deal is expected to help Uber better compete against food delivery giant DoorDash and will be a consolation prize after...

Original Link: https://www.engadget.com/uber-buys-postmates-all-stock-deal-070647041.html

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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