Uber Eats Postmates for $2.6 B, Bolsters Ground Game

Uber is looking to food distribution for rescue from dropping profits triggered by individuals remaining at residence due to the fact that of the pandemic, as gross reservations for Uber Rides have actually reduced by 3 percent year over year, the firm kept in mind in its Q1 2020 economic record. On July 6, Uber revealed that it's getting on-demand food shipment solution PostMates for $2.65 billion.

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