Uber buys Postmates for $2.65 billion as food delivery companies try to survive a crowded, intensely

FILE - In this Nov. 6, 2019, file photo, a restaurant advertises Uber Eats in the Coconut Grove neighborhood in Miami. Some app-based delivery companies have announced hiring sprees to cope with a surge in orders from millions of people stuck at home during the coronavirus outbreak. Uber has an internal app that helps its ride-hailing drivers find work for Uber Eats and other jobs. (AP Photo/Lynne Sladky, File) — FILE - In this Nov. 6, 2019, file photo, a restaurant advertises Uber Eats in the Coconut Grove neighborhood in Miami. Some app-based delivery companies have announced hiring sprees to cope with a surge in orders from millions of people … FILE - In this Nov. 6, … more >

By Associated Press - Monday, July 6, 2020

SAN FRANCISCO (AP) - Uber buys Postmates for $2.65 billion as food delivery companies try to survive a crowded, intensely competitive field.

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