The global meal delivery market is expected turn to a phase of consolidation in the coming months as players look…
Uber said on Monday it would buy Postmates in a $2.65-billion deal, looking to expand its reach into the food-delivery market as the coronavirus crisis upends its core ride-hailing business.
Uber Technologies is in talks to purchase food delivery service Postmates for about US$2.6-billion, Dow Jones reported, citing people familiar with the matter.
Just Eat Takeaway.com said on Wednesday it had agreed to buy US peer Grubhub in an all-stock deal that, if completed, would create the world’s largest food delivery company outside China.
Dramatic changes at Uber represent a humbling of the ride-hailing giant, which has offices all over the world and has advertised its ambitions to become a one-stop-shop for global travel.