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Uber Completes Its $2.65B Acquisition of Postmates

2020-12-02 16 Dailymotion

Uber Completes Its $2.65B Acquisition of Postmates.<br />The finalized deal was announced on Dec. 1.<br />Uber and Postmates have long <br />been committed to powering <br />delivery services that support <br />local commerce and communities, <br />all the more important during <br />crises like the one we face today, Uber CEO Dara Khosrowshahi, via release.<br />We're thrilled to bring these two teams together to continue to innovate, bringing ever-better products and services for merchants, delivery people, and consumers across the country, Uber CEO Dara Khosrowshahi, via release.<br />The all-stock deal will help Uber <br />to maximize its delivery services.<br />Both apps will still operate independently.<br />but they will be supported by a "more efficient, combined merchant and delivery network."

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