Propelled by surging eCommerce, Drizly cashes in on shuttered bars with sale to Uber. It is the second major deal in the last year for Uber after buying Postmates for $2.65 billion in 2020. [more]
This week, Uber announced a US$2.65 billion acquisition of Postmates, an on-demand food and grocery delivery company with operations in 4,200 U.S. cities. A day later, Uber announced the launch of its on-demand grocery delivery service in partnership with Cornershop, a Chile-based online grocery delivery company that Uber has held a majority stake in since last year. [more]
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