Discussion

• @mikeisaac Rat King on x

  NEWS: Uber has made an offer to buy Postmates, in another move towards consolidation in the food delivery wars https://www.nytimes.com/...

• @aaschapiro Avi Asher-Schapiro on x

  Uber lost somewhere around $17 billion in the last 5 years, or about the GDP of Mali. So, naturally, it's planning to spend $2.6 billion to buy its competitor, Postmates. https://www.nytimes.com/...

• @counternotions Kontra on x

  Uber: “we shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills...we shall never surrender our right to consolidate.” (Monopoly edition.) https://www.nytimes.com/...

• @eghosao Eghosa Omoigui on x

  $Uber Makes Offer to Buy Delivery Service Postmates https://www.nytimes.com/... Postmates has raised $903m, most recently at a $2.4b valuation.

• @sherman4949 Alex Sherman on x

  No surprise that Uber is trying again to consolidate quickly — but can a Postmates deal pass regulatory scrutiny? Some I spoke with predicted Uber would go after Deliveroo instead. But Uber also thought Grubhub should have accepted its offer! https://twitter.com/...

• @bigblackjacobin Edward Ongweso Jr on x

  I encourage people to read through Uber's earnings calls & pour over the financial data themselves. Take a shot if they create a new accounting regime to appear profitable. Take a shot if they introduce a new business line, exaggerate its growth, then pare down expectations. GG h…

• @martinapennisi Martina Pennisi on x

  Postmates, which has held discussions with other possible buyers since at least last year, has been simultaneously planning an IPO https://www.wsj.com/... via @WSJ

• @heidi_chung Heidi Chung on x

  After failed Grubhub takeover, Uber eyes Postmates 👀 https://www.nytimes.com/...

• @nmasc_ Natasha Mascarenhas on x

  If antitrust concerns led to the tUber x Grubhub deal falling through, Postmates might be a better fit. https://techcrunch.com/...

• @kateconger Kate Conger on x

  Uber is still shopping! https://www.nytimes.com/...

• @dhh @dhh on x

  This is just what we need. More consolidation, bigger companies, fewer choices, less competition.. Wait. Sorry. That's exactly what we DON'T need. Blocking this is a no-brainer. https://twitter.com/...

• @shaig Shai Goldman on x

  Last round for Postmates was at $2.4B. Uber has $11.3B in cash right now. https://twitter.com/...

• @yashar Yashar Ali on x

  NEW: Uber has made a takeover offer to buy Postmates as the on-demand food delivery market consolidates and Uber looks for new ways to make money. @MikeIsaac @eringriffith report https://www.nytimes.com/...

• @mdudas Mike Dudas on x

  Uber bearhugs Postmates. Honestly, Uber could use the entrepreneurial fire. https://www.nytimes.com/...

• @kateclarktweets Kate Clark on x

  WSJ reporting that Uber plans to pay $2.6 billion for Postmates, or just slightly more than its most recent private valuation of $2.4 billion. https://www.wsj.com/...