Bullboard - Stock Discussion Forum Uber Technologies Inc UBER

Alternate Symbol(s): N.UBER

Uber Technologies, Inc. is a technology company, which develops and operates proprietary technology applications supporting a variety of offerings on its platform (Platform(s)). The Company connects consumers (Rider(s)) with independent providers of ride services (Mobility Driver(s)) for ride sharing services and connects Riders and other consumers (Eater(s)) with restaurants, grocers and other... see more

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Uber Technologies Inc > UBER/POSTMATES deal done

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Post by NineLives on Dec 01, 2020 11:17am

UBER/POSTMATES deal done

Seeing as how more people are getting their food delivered does this mean obsetiy levels will continue to rise, in turn increasing the strain on the world health systems. !! Come on people learn to cook or at least walk to the resturant !!

SAN FRANCISCO Uber Technologies, Inc. (NYSE: UBER) today announced that it has completed the acquisition of Postmates Inc. in an all-stock transaction, and that the two companies have begun the process of integrating U.S. operations.

As previously announced, the transaction brings together Uber’s global Mobility and Delivery platform with Postmates’ beloved business in the U.S. to strengthen the delivery of food, groceries, essentials, and other goods. The consumer-facing Postmates and Uber Eats apps will continue to run separately, supported by a more efficient, combined merchant and delivery network.

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