The NYT says Uber is offering to acquire Postmates

The NYT says Uber is offering to acquire Postmates

Uber has offered to buy the food company Postmates, according to a report The New York Times. The report does not say how large the deal will be, but it could end tonight. They say that the discussions are going on.

The demand for the Uber swimming business has weakened during the coronavirus pandemic, as people stay at home, but the same circumstances have led to a huge increase in food delivery orders. After leaving more than a quarter of the company’s total workforce, Uber is looking for ways to promote its food service, Uber Eats.

Uber tried to buy GrubHub earlier this year, but the deal failed due to antitrust scrutiny. Postmates will most likely be a smaller deal; is a private company with a final valuation of $ 2.4 billion. The company has already entered into negotiations to sell itself, including DoorDash and GrubHub customers. Times:.

The origin: contacted Uber about a possible deal.

STAY TUNED WITH US FOR MORE INTERESTING ARTICLES ONLY ON MYTECHYBLOGS.COM

admin

Leave a Reply

Your email address will not be published. Required fields are marked *