World News – United States – Uber Officially Completes Acquisition of Postmates – TechCrunch – Newsnifty

Uber today announced the official completion of its Postmates procurement deal, which it originally announced in July. The all-stock agreement is valued at around $ 2. 65 billion in the hour of its proliferation see postmates bump into Uber while working as others support with their own labeling and front end – while some back end activities, including a shared pool of drivers, are merged.

Uber, point by point, part of his further deduction on the recently consolidated organizations and what that means for the organizations they work with in another blog post. The organization presented the move as helpful to the dealer population they are working with and declared another activity near the official close to encourage and accumulate customer review on the supplier side.

They see it as a one year old “provincial listening exercise” where they work with nearby restaurants and trade offices to hear the concerns of neighborhood entrepreneurs on their own networks. This sounds akin to Uber’s earlier efforts to focus on driver input from two or three years in the plan to improve the way it works with this side of its two-sided market.

Focusing on the demands of the supplier population is twice as important as individuals are looking for more transportation alternatives, the more likely it is, given the global pandemic where Uber Eats has become more and more an important framework in food management and staple food business that inquiries and other public safety recommendations stay at home.

NewsNifty is a website designed to provide news about business, finance, technology, and other corporate networks. It is run by writers and staff in multiple locations around the world.

Postmates, Uber Eats, Mergers & Acquisitions