Wednesday, August 12, 2020

Uber in talks to buy postmates for around $ 2.6 billion

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Uber Technologies Inc. is in talks to buy Postmates Inc. for around $ 2.6 billion, according to people familiar with the subject, the latest in a series of rapid moves to shore up the food delivery industry.

If an agreement were to be reached, it could be announced next week, if not sooner, said one of the people. But there is no guarantee that this will be the case.

Postmates, …

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