(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.

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BING NEWS:
  • Delivery Firm Getir, Once Valued at $12 Billion, Weighs Sales and Market Exits
    Getir, once a darling of the delivery startup world valued at $12 billion, is weighing asset sales and potential exits from non-core markets as it faces pressure from investors to cut its losses.
    04/18/2024 - 9:49 pm | View Link
  • You can now place DoorDash and Uber Eats orders through a call with an AI voice bot
    Voice AI company Kea takes customers' orders in phone calls and sends them to delivery aggregators. Many people now place delivery orders online, but Kea's founder says restaurants sometimes struggle ...
    04/12/2024 - 3:34 am | View Link
  • Uber Technologies- statistics & facts
    Uber remains the leading ride-hailing operator worldwide, with a market cap of 87 billion U.S. dollars as of June 2023. Uber leads a long-term growth strategy, and the company is still several ...
    04/9/2024 - 1:00 pm | View Link
  • GoPuff guarantees ‘fastest delivery on the planet’ of groceries — and NYC pols vow crackdown
    Fast delivery grocery app Gopuff introduced a 20-minute delivery promise – and Big Apple pols just as quickly vowed to push back because of safety concerns, The Post has learned The ...
    04/3/2024 - 11:50 am | View Link
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