Uber To Buy Postmates For $2.65 Billion To Expand Delivery

Postmates Inc. and Uber Eats signage is displayed in the window of a restaurant in San Francisco, California, U.S., on Tuesday, July 7, 2020. Uber Technologies Inc. agreed to buy Postmates Inc. for $2.65 billion to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered. Photographer: David Paul Morris/Bloomberg via Getty Images


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