Uber Eats acquires Postmates for $2.65 billion

Uber Eats acquires Postmates for $2.65 billion

By Anna Domanska - Jul 06, 2020

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-

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Boom Time for Food Delivery Platforms, But Still Not Profitable

Boom Time for Food Delivery Platforms, But Still Not Profitable

By Anna Domanska - May 25, 2020

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

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Uber loses $1 billion in 1st Quarter, plans to cut incentives

Uber loses $1 billion in 1st Quarter, plans to cut incentives

By Christy Gren - Jun 03, 2019

Uber Technologies first quarterly report, as a public company, indicates that the ride-hailing giant spent 20 percent of its revenue rebuilding its food delivery and freight busine

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Uber in Early Talks to Buy UK’s Hottest Food Delivery Service

Uber in Early Talks to Buy UK’s Hottest Food Delivery Service

By Carrie Ann - Sep 21, 2018

Ride-hailing giant, Uber Technologies Inc. is in early discussion to acquire Deliveroo for ‘several billion dollars’, reported Bloomberg. Deliveroo is Europe’s largest food d

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