Uber has acquired rival food delivery service Postmates for about $2.6 billion in an all-stock deal, the two companies announced Monday.
July 6 (UPI) — Uber has acquired rival food delivery service Postmates for about $2.6 billion in an all-stock deal, the two companies announced Monday.
As part of the deal, Postmates‘ delivery service and relationships with small- and medium-sized restaurants will be paired with Uber’s Rides and Eats platform.