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Uber moves to acquire rival food-delivery service Postmates: report

Uber Technologies Inc. has made a bid to take over rival food-delivery company Postmates, the New York Times reported Monday night. Talks were reported to be ongoing, but a deal could come within hours, the Times sa.....»»

Category: topSource: marketwatchJun 29th, 2020

Uber Makes Takeover Bid To Rival Food Delivery Business Postmates: Report

Uber Technologies Inc. (NYSE: UBER) has made an acquisition offer to food delivery service Postmates, the New York Times reported late Monday. read more.....»»

Category: blogSource: benzingaJun 30th, 2020

Uber to buy Postmates in $2.65 billion all-stock food delivery deal

Uber Technologies has agreed to acquire Postmates in a $2.65 billion all-stock takeover,.....»»

Category: topSource: chicagotribuneJul 6th, 2020

Uber confirms deal to buy Postmates in an all-stock deal valued at $2.65 billion

Shares of Uber Technologies Inc. ran up 9.4% in premarket trading Monday, after the ride-hailing giant confirmed a deal to buy food-delivery service Postmates Inc. for $2.65 billion in stock. Uber esti.....»»

Category: worldSource: nytJul 6th, 2020

Uber will acquire food delivery startup Postmates in $2.6 billion all-stock deal, reports say

Uber is set to acquire food delivery startup Postmates in a $2.6 billion deal, The New York Times and Bloomberg reported on Sunday. Sources told Bloomberg and The Times that t.....»»

Category: topSource: businessinsiderJul 6th, 2020

Uber to buy Postmates for $2.65 billion: reports

Uber Technologies Inc. has agreed to purchase food-delivery service Postmates for around $2.65 billion, according to media reports Sunday night. Bloomberg News and the New York Times both reported t.....»»

Category: dealsSource: nytJul 6th, 2020

Uber is said to be in talks to buy delivery rival Postmates

Uber Technologies Inc. is in talks to purchase Postmates Inc., said a person familiar with the discussions, seeking to expand food delivery services in the U.S. and capitalize on a surge in orders... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJul 2nd, 2020

An Uber deal for Postmates has "sound industrial logic" but might not help pricing dynamics, analyst says

Following a report that Uber Technologies Inc. is considering acquiring food-delivery company Postmates for ab.....»»

Category: topSource: marketwatchJun 30th, 2020

GrubHub shares surge off reports of acquisition offer by Uber

Uber, which already manages Uber Eats, has made an offer to acquire food delivery service Gr.....»»

Category: topSource: usatodayMay 12th, 2020

Uber, GrubHub Analysts Dish Opinions On Reported M&A Talks: "Not Surprising"

If media reports are accurate that Uber Technologies Inc (NYSE: UBER) is in talks to acquire rival food delivery platform GrubH.....»»

Category: blogSource: benzingaMay 12th, 2020

GrubHub on Uber takeover rumors: "Consolidation could make sense"

GrubHub stock soared Tuesday on a report that Uber is in talks to buy the food delivery service in an all-stock deal that would merge two of the country's largest on-demand meal platforms......»»

Category: topSource: foxnewsMay 12th, 2020

GrubHub stock rockets 27% on report that Uber has made a takeover offer

Shares of GrubHub Inc. are up more than 27% in Tuesday morning trading after Bloomberg News reported that Uber Technologies Inc. has made an offer to acquire the food-delivery company. Share.....»»

Category: topSource: marketwatchMay 12th, 2020

Uber has reportedly offered to buy GrubHub as it leans on food delivery to make up for coronavirus losses (UBER, GRUB)

Reuters / Valentyn Ogirenko Uber has made an offer to buy rival delivery service GrubHub, Bloomberg and the Wall Stree.....»»

Category: topSource: businessinsiderMay 12th, 2020

GrubHub stock rockets 24% on report that Uber has made a takeover offer

Shares of GrubHub Inc. are up more than 24% in Tuesday morning trading after Bloomberg News reported that Uber Technologies Inc. has made an offer to acquire the food-delivery comp.....»»

Category: topSource: marketwatchMay 12th, 2020

Uber loses $1 billion in quarter as costs grow for drivers, food delivery

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company......»»

Category: topSource: reutersMay 30th, 2019

Uber bets on delivery with $2.65 billion acquisition of Postmates as ride-hailing stalls

In the race to gain a competitive edge in the burgeoning food-delivery business, the major players are carving up the U.S. map......»»

Category: topSource: marketwatchJul 6th, 2020

Uber bets on delivery with $2.65 billion acquisition of Postmates as ride-hailing suffers

In the race to gain a competitive edge in the burgeoning food-delivery business, the major players are carving up the U.S. map......»»

Category: topSource: marketwatchJul 6th, 2020

Uber Buys Delivery Company Postmates in $2.65 Billion Deal

The move comes one month after Uber lost out in a bid for Grubhub (SILVER SPRING, Md.) — Uber finally got its food delivery company, acquiring Postmates in a $2.6.....»»

Category: topSource: timeJul 6th, 2020

Wedbush Praises Uber For "Smart Strategic Move" In Buying Postmates

Ride-hailing company Uber Technologies Inc (NYSE: UBER) will combine Postmates with its food delivery business, and Uber deserves credit for overseeing a "smart strategic move," a .....»»

Category: blogSource: benzingaJul 6th, 2020

Uber acquires Postmates, expanding the food delivery business that has surged during pandemic

The $2.65 billion all-stock deal continues Uber’s aggressive push into food delivery......»»

Category: worldSource: nytJul 6th, 2020

Uber buys Postmates in $2.65B all-stock deal

Uber finally got its food delivery company, acquiring Postmates in a $2.65 billion all-stock deal, the ride-hailing giant confirmed Monday......»»

Category: topSource: foxnewsJul 6th, 2020