Home United States USA — IT Uber buys Postmates for $2.65 billion — and traders are into it

Uber buys Postmates for $2.65 billion — and traders are into it

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Uber’s $2.65 billion Postmates all-stock acquisition comes less than a month after talks to buy rival GrubHub fell through.
Ride-hailing giant Uber‘s stock price jumped more than 5% on Monday following its purchase of delivery service Postmates for $2.65 billion.
Uber confirmed the deal in a Monday press release after a flurry of reports over the weekend.

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