Food Delivery Is Heating Up, Yet Vertical Integration Seems Inevitable?

To investors,

The big news last night is that Uber has agreed to acquire Postmates for $2.6 billion in an all-stock deal. The combined companies will be run by Pierre-Dimitri Gore-Coty, the current Head of Uber Eats. This comes months after Uber walked away from an acquisition conversation with GrubHub, who was eventually acquired by Just Eat Takeaway.co…

Read more

—Source link—

What do you think?

Introducing mStable – meta-assets with native yield and zero slippage trades

Executive Vote: Raise the ETH Debt Ceiling to 160M