The global ride service and food delivery provider Uber Technologies, announced that it agreed to acquire Postmates for approximately $2.65 billion. The deal helps to combine Ubers global Rides and Eats platform with Postmates distinctive delivery business across the U.S.A.
- Postmates is highly complementary to Uber Eats, with differentiated geographic focus areas and customer demographics, and Postmates strong relationships with small- and medium-sized restaurants, particularly local favorites that draw customers to the Postmates brand.
- For restaurants and merchants, Postmates and Uber Eats will together offer more tools and technology to more easily and cost-effectively connect with a bigger consumer base.In May 2020: The leading money transfer firm MoneyGram International, announced its partnership with Uber Technologies to provide drivers and delivery couriers a discount on digital money transfers sent to family and friends in more than 200 countries. The agreement helps drivers with affordable access to our global platform during this challenging season brought about by the COVID-19 pandemic.In January 2020, Zomato, one of the largest food apps in India, announced that it has acquired Ubers food delivery business in India in an all-stock transaction, which gives Uber 9.99% ownership in Zomato.In January 2020, Uber announced the acquisition of Careem for $3.1 billion. Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. Careem and Uber will operate their respective regional services and independent brands.October 2019, Uber Technologies, Inc. announced an agreement to acquire majority ownership of Cornershop, a leading online grocery provider in Chile, Mexico, and more recently in Peru and Toronto.
About Uber Technologies
Uber Technologies, headquartered in San Francisco, California, United States, is a global ride-hailing company. The company was founded in 2010 to provide local mobility solution at the touch of a button. The company offers peer-to-peer ridesharing, ride service hailing, food delivery, and a micro mobility system with electric bikes and scooters.