Uber inks $2.65 bln deal to acquire food delivery company Postmates: sources

06/07/2020 Argaam

 

Uber Technologies Inc. agreed to acquire food delivery company Postmates Inc. in a $2.65 billion all-stock takeover, Bloomberg reported citing people familiar with the matter.

 

Postmates CEO Bastian Lehmann and his team will stay on to manage Postmates as a separate service, while Uber Eats head Pierre-Dimitri Gore-Coty is expected to continue to run Uber’s combined delivery business, the sources said.

 

Founded in 2011, Postmates was one of the first to let customers in the U.S. order meal delivery using a mobile app.

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