Angela Lang/CNET
Uber has agreed to acquire delivery service Postmates in a $2.65 billion all-stock deal. The ride-hailing company said the acquisition, which was reported earlier by Bloomberg, will boost its growing efforts in the delivery of groceries, essentials and other goods.
“Uber and Postmates have long shared a belief that platforms like ours can power much more than just food delivery—they can be a hugely important part of local commerce and communities, all the more important during crises like COVID-19,” said Uber CEO Dara Khosrowshahi in a release Monday, adding that bookings on Uber Eats were up more than 100% during…
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