Uber Completes Its $2.65B Acquisition of Postmates.
The finalized deal was announced on Dec. 1.
Uber and Postmates have long
been committed to powering
delivery services that support
local commerce and communities,
all the more important during
crises like the one we face today, Uber CEO Dara Khosrowshahi, via release.
We're thrilled to bring these two teams together to continue to innovate, bringing ever-better products and services for merchants, delivery people, and consumers across the country, Uber CEO Dara Khosrowshahi, via release.
The all-stock deal will help Uber
to maximize its delivery services.
Both apps will still operate independently.
but they will be supported by a "more efficient, combined merchant and delivery network."
