(SILVER SPRING, Md.) — Uber finally got its food delivery company, acquiring Postmates in a $2.65 billion all-stock deal, the ride-hailing giant confirmed Monday. Uber and its Uber Eats food-delivery division will gain ground against DoorDash, which controls about 37% of the U.S. food delivery market. That’s compared with Uber Eats’ 20% share before the Postmates deal.
Comment on Uber Buys Delivery Company Postmates in $2.65 Billion Deal
Matt Ott / AP, Time: Business
Mon, 07/06/2020 - 7:40am
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