Tuesday, September 29, 2020
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Uber acquires meal delivery service Postmates for $2.65 billion

Uber will acquire food delivery service Postmates in a $2.65 billion all-stock deal intended to give the ride-hail company a much-need jolt after its offer to buy Grubhub fell apart amid antitrust scrutiny. Postmates’ app will continue to run separately after the acquisition, but it’ll be able to tap into a merchant and delivery network…

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