Uber in talks to buy Postmates for about $2.6 billion

Uber in talks to buy Postmates for about $2.6 billion
  • Uber Technologies is in discussions to buy Postmates for about $2.6 billion - the latest in a rapid-fire series of moves to consolidate the food-delivery industry.
  • Should a deal come together, it could be announced next week if not sooner. But there is no guarantee it will.
  • Postmates, which has held discussions with other possible buyers since at least last year, has been simultaneously planning an initial public offering.
  • A combination would augment Uber’s food-delivery arm, Uber Eats, which already has an international footprint and the second-largest market share in the U.S. after DoorDash.
Sebastian Novaky
Founder @vilmari

Big for postmates for sure

Matthew Gaudio
Passionate Lead Developer with an interest in the competitive gaming arena.

Postmates is like were out!

John Kim
President, Platform and Marketplaces at Expedia Group

Postmates was an AngelList co!