Monday, July 6, 2020

Uber buys Postmates in $2.65b deal

Uber has agreed on a deal to buy food delivery company Postmates in an all-stock deal.

It plans to run the business alongside its own and the Postmates team will stay on to manage it as a separate service.

United States Correspondent Danielle Robertson reports.

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IN: Ubers
OUT: Los Angeles
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