Uber to acquire Postmates for $2.65 billion after losing out on Grubhub deal

USATODAY.com

06 Jul 2020 0 shares 1 views

Uber to acquire Postmates for $2.65 billion after losing out on Grubhub deal

Uber to acquire Postmates for $2.65 billion after losing out on Grubhub deal

USATODAY.com

Published 06 Jul 2020

Uber is going to acquire Postmates for $2.65B. The move would come after Uber's business took months of major losses due to coronavirus.

You might like

Related news coverage

Affirm is reportedly eyeing an IPO that could value it at $10 billion. Here's how the buy now, pay later fintech became one of the breakout stars of 2020.

Affirm is reportedly eyeing an IPO that could value it at $10 billion. Here's how the buy now, pay later fintech became one of the breakout stars of 2020.

Business Insider 31 Jul 2020

· Affirm, a point-of-sale microlender that lets consumers make purchases with the flexibility to defer their payments over time,..

This Silicon Valley pharmacy, which powers Hims and Nurx, raised $39 million in three separate rounds with the same bare-bones pitch deck

This Silicon Valley pharmacy, which powers Hims and Nurx, raised $39 million in three separate rounds with the same bare-bones pitch deck

Business Insider

28 Jul 2020

Uber Eats Postmates for $2.6B, Bolsters Ground Game

Uber Eats Postmates for $2.6B, Bolsters Ground Game

E-Commerce Times

27 Jul 2020

This startup launched a drink-delivering robot but switched to a service that lets customers place their own food and drink orders. It just raised $3 million using this pitch deck

This startup launched a drink-delivering robot but switched to a service that lets customers place their own food and drink orders. It just raised $3 million using this pitch deck

Business Insider

24 Jul 2020

2020 is on track to see the fewest startup exits since 2011, which could spell trouble for the VC ecosystem

2020 is on track to see the fewest startup exits since 2011, which could spell trouble for the VC ecosystem

Business Insider

22 Jul 2020

Advertisement

More coverage

Netflix CEO Reed Hastings says he's sticking around until 2030 (NFLX)

Netflix CEO Reed Hastings says he's sticking around until 2030 (NFLX)

Business Insider 22 Jul 2020

Hello and welcome to Trending, Business Insider's weekly look at the world of tech. I'm Alexei Oreskovic, Business Insider's West..

Meet the husband-and-wife team that run AngelPad, the exclusive startup accelerator whose early bet on Postmates just led to a $2.65 billion Uber acquisition

Meet the husband-and-wife team that run AngelPad, the exclusive startup accelerator whose early bet on Postmates just led to a $2.65 billion Uber acquisition

Business Insider

21 Jul 2020

These are the execs leading Twitter as the company scrambles to get its house in order after the devastating hacker attack (TWTR)

These are the execs leading Twitter as the company scrambles to get its house in order after the devastating hacker attack (TWTR)

Business Insider

16 Jul 2020

LEAKED: A decade before Postmates was acquired by Uber for $2.65 billion, its founder used this 13-slide pitch deck to sell his idea for the new delivery service (UBER)

LEAKED: A decade before Postmates was acquired by Uber for $2.65 billion, its founder used this 13-slide pitch deck to sell his idea for the new delivery service (UBER)

Business Insider

15 Jul 2020

The CEO of an investment platform that's helped startups land $150 million in funding explains 5 opportunities for unicorns to emerge from the recession based on the meteoric successes he's seen so far

The CEO of an investment platform that's helped startups land $150 million in funding explains 5 opportunities for unicorns to emerge from the recession based on the meteoric successes he's seen so far

Business Insider

13 Jul 2020