Uber apparently aiming to purchase Postmates shipment service

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Uber is apparently trying to obtain Postmates.


Angela Lang/CNET

Uber has actually made a deal to obtain the shipment service start-up Postmates, the New York Times reported late Monday, pointing out confidential sources knowledgeable about the matter. An offer might comes as early as Monday night, the paper reported.

Sources informed the paper that settlements are still continuous and might still end without an offer being struck.

The acquisition might offer an increase to UberEats, the ride-hailing start-up’s food-delivery service. With numerous dining establishments’ dining-room closed throughout the coronavirus pandemic, lots of people have actually aimed to shipment and pickup services like Postmates, UberEats, DoorDash and Grubhub for their meals. A study by DoorDash in March discovered that 56% of 1,000 clients stated their takeout intake had actually increased since of the pandemic.

Uber was stated to be aiming to obtain competing food-delivery service GrubHub however reported left merger talks in the middle of antitrust issue. Grubhub now prepares to combine with the Netherlands-based food shipment service Just Eat Takeaway in an offer worth $7.3 billion.

Postmates decreased to comment, while Uber didn’t instantly react to ask for remark.