Uber Will Acquire Food Delivery Startup Postmates In $2.6 Billion All-stock Deal, Reports Say

Uber is set to acquire food delivery startup Postmates in a $2.6 billion all-stock deal, both The New York Times and Bloomberg reported on Sunday. Postmates was co-founded by Bastian Lehmann, Sam Street, and Sean Plaice in 2011 and has grown to include a fleet of over 500,000 members and 600,000 merchants across 50 states.

 

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