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Uber Buying Postmates for $2.65 Billion to Expand Food Delivery

Uber Buying Postmates for .65 Billion to Expand Food Delivery

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Uber Technologies Inc. agreed to buy Postmates Inc. for $2.65 billion to expand in food delivery after the coronavirus pandemic cratered demand for ride-hailing, its main business, and an earlier attempt to acquire Grubhub foundered.

Credit Bloomberg Technology

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