Uber seeks to expand food delivery services through deal with Postmates, source says
A deal could help Uber Eats, Uber’s delivery arm, at a time when the Covid-19 pandemic has decimated Uber’s main business of ride hailing
30 June 2020 - 18:24
San Francisco, US — Uber is in talks to purchase Postmates, said a person familiar with the discussions, seeking to expand food delivery services in the US and capitalise on a surge in orders during the coronavirus pandemic.
Postmates is alternatively exploring various paths to go public, said the person, who asked not to be identified because the discussions are private. One option it is considering would involve merging with a special purpose acquisition company, the person said...
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