Take a fresh look at your lifestyle.

Uber rises strongly on the stock market after announcing the purchase of Postmates for 2,650 million


The actions of Uber They have risen about 6% this Monday after reporting the purchase of Postmates for $ 2.65 billion (2.34 billion euros) in shares. In the pre-opening, more than 9% have shot up.

The company plans to issue close to 84 million new ordinary titles to get 100% of the capital of its competitor, as reported by the company. This represents around 4.8% of the outstanding shares.

With this agreement, which is expected for the first quarter of 2021, Uber plans to keep the Postmates application running in order to make it work separately with Uber Eats.

"Uber and Postmates have long shared the belief that platforms like ours they can drive much more than just food delivery: They can be a very important part of local commerce and communities, which is even more important during crises like COVID-19, "explained Uber Chief Executive Dara Khosrowshahi.

Movement occurs after unsuccessful attempt to seize Grubhub. In this case it was advanced by the right by Just Eat, which took over the company in mid-June for 6,500 million euros.

The goal then was the same as the one you are looking for with the purchase of Postmates, to combine the business with that of Uber Eats. A line contrary to that of Just Eat that reported the intention to create one of the largest home delivery food companies in the world

. (tagsToTranslate) Uber (t) raises (t) force (t) bag (t) after (t) announce (t) purchase (t) Postmates (t) 2,650 (t) million (t) Category: All (t) Category: Company News (t) Category: Pulsos (t) mostread_empresas

Leave A Reply

Your email address will not be published.