Uber Eats acquires Postmates for $2.65 billion
Uber is set to buy Postmates, the food delivery start-up for $2.65 billion, in a bid to expand its food delivery business to meet the shortfall in revenue from its struggling ride-
Yum Brands Sues Grubhub for Reneging On Delivery Agreement
Yum Brands, the fast-food corporation that owns KFC, Taco Bells, and Pizza Hut has sued Grubhub, the delivery provider, for reneging on a two-year-old agreement on rates. Yum says
Boom Time for Food Delivery Platforms, But Still Not Profitable
Food delivery businesses are looking for survival and profitability in difficult times. The restaurant business has been one of the hardest hit due to the pandemic, and one of the
Amazon’s New Uber-Like Delivery Model Is Coming Soon
The San-Francisco based Amazon is considering a new Uber-Like delivery model, using a crowd-sourced delivery system that it opens a new pool of potential drivers to deliver package
