Uber, which is deep into its yearslong effort of becoming a profitable company, has bought rival Postmates for $2.65 billion. The move to purchase Postmates, announced Monday, will help Uber's food ...

Update: Uber has confirmed the deal. Uber is reportedly on the verge of acquiring the Postmates delivery app in a deal valued at $2.65 billion. People familiar with the matter told Bloomberg that the ...

Uber has acquired online food delivery service Postmates for $2.65 billion in stock, according to the NY Times and Bloomberg. The deal is expected to help Uber better compete against food delivery ...

Uber said Monday that it is acquiring Postmates, a move that adds to the ride-hailing company's efforts to control more of the food delivery market amid a slowdown in its core business. The deal, an ...

A customer wouldn’t cooperate with a Postmates delivery driver he believed was scamming him. He went on Reddit’s “Am I the A*****” forum to see if others felt like the driver was playing him too. The ...

The New York Court of Appeals has ruled in favor of Postmates delivery workers – determining that the couriers are not just "independent contractors" and are eligible for unemployment insurance ...

Now TikTok users can actually taste the delicious trending foods they see on the app. The company announced last week that it has partnered with Postmates for TikTok Treats, “the first creator-led ...

Another Uber spinout is in the works. Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, is seeking investors in its bid to become a ...

An icon in the shape of a lightning bolt. Impact Link Uber on Monday announced plans to buy the food-delivery startup Postmates in an all-stock deal worth $2.65 billion, confirming earlier reports, as ...

A Postmates Serve delivery robot crosses an intersection. Postmates tapped Phantom Auto, a Silicon Valley developer of remote-control and communications tech for self-driving vehicles, to be a ...

Bastian Lehmann, the German-born chief executive of delivery app maker Postmates Inc., has taken to wearing a Dodgers cap and a crisp white tee, at least whenever cameras are around. Lehmann has never ...