With this deal, the companies have created the second-largest delivery platform in the country.
On Tuesday, December 1, Uber announced that it has officially acquired food-and-grocery delivery service Postmates in a $2.65-billion deal.
In a statement, Uber says it will keep Postmates as its own separate brand while using its "back-end" into the Uber Eats platform.
“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. 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,” said Uber CEO Dara Khosrowshahi.
Bastian Lehmann, co-founder and CEO of Postmates, had this to stay about the deal,
“We built Postmates to empower local commerce and bring the best of your city to your home, especially in cities like Los Angeles and across the southwest. I'm confident that alongside Uber Eats we will create even more opportunities for our customers, continue to drive growth for our merchants, and deliver unique earning opportunities for our Postmates.”
Read more about the Uber-Postmates deal in the official press release.
What do you think of this deal between the two delivery services? Share your thoughts in the comments below.