Uber to Buy Postmates for $2.65 Billion in Stock
Uber Technologies Inc. said it has agreed to buy Postmates Inc. for about $2.65 billion in stock, the latest in a flurry of consolidation moves in the food-delivery sector. The combination boosts Uber Eats, the company’s food-delivery arm that already has an international footprint and is among the largest in the U.S. DoorDash has the
Uber Technologies Inc. said it has agreed to buy Postmates Inc. for about $2.65 billion in stock, the latest in a flurry of consolidation moves in the food-delivery sector.
The combination boosts Uber Eats, the company’s food-delivery arm that already has an international footprint and is among the largest in the U.S. DoorDash has the largest share of the U.S. food-delivery market, according to research from Edison Trends.
Uber…