Uber scoops up Postmates for $3.8 billion

By
Follow google news

In 'everyday' delivery push.

Uber scoops up Postmates for $3.8 billion
Uber Technologies acquire Postmates for US$2.65 billion (A$3.8 billion) to expand its food delivery market share and significantly increase the business of supplying everyday goods at a time when the coronavirus has pummeled its core ride-hailing service. The all-stock deal, still subject to ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

AI to streamline ATO contact centre operations

AI to streamline ATO contact centre operations

Microsoft releases fix for flawed January security update

Microsoft releases fix for flawed January security update

Dept of Industry reviews its extended ERP stack

Dept of Industry reviews its extended ERP stack

Australia social media ban hits 4.7 million accounts

Australia social media ban hits 4.7 million accounts

Log In

  |  Forgot your password?