Uber provides to purchase out Postmates, says NYT

Photograph by Horacio Villalobos#Corbis/Corbis by way of Getty Photographs

Uber has made a suggestion to purchase meals supply firm Postmates, based on a report in The New York Times. The report doesn’t say how large the deal can be, but it surely could possibly be finalized as quickly as tonight; discussions are stated to be ongoing.

Demand for Uber’s ride-hailing enterprise has plummeted through the coronavirus pandemic as folks keep at dwelling, however the identical circumstances have pushed an enormous enhance in meals supply orders. Uber has been searching for methods to spice up its meals service, Uber Eats, after laying off greater than 1 / 4 of the corporate’s total workforce.

Uber tried to purchase GrubHub earlier this 12 months, however the deal fell aside amid reported antitrust scrutiny and GrubHub ended up going to European service Just Eat Takeaway for…

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