Uber Is Buying Postmates For $2.65 Billion
July 6, 2020 11:04AM EDT
Uber is about to buy out one of its biggest competitors in the food delivery business.
The company will acquire Postmates for $2.65 billion, after a deal to merge with Grubhub fell through earlier this year.
The move better positions the rapidly-growing Uber Eats service to compete with DoorDash, the most-used food delivery service.
How much did you rely on food delivery apps during the lockdown? Which one is the best?
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