The board of directors of Uber approved the acquisition of all shares of the competition, Postmates Food Delivery, for $ 2.65 billion.
According to Arabiya Net, the deal is expected to be announced today in the United States, according to Bloomberg Agency sources.
This acquisition comes in the wake of the failure to complete Uber's attempt to acquire the GrapHub, which was acquired by the European company Jet IT Take Away for $ 7.3 billion.
This relationship can enhance delivery activities in Uber and Uber Eats, and help them offset the breakdown of their core business due to the Corona virus pandemic.
The deal would also be the lifeline of Postmates, a nine-year-old company that was one of the startups earlier.
The demand for Uber transport activity decreased due to the outbreak of the Corona Virus pandemic as people stayed in their homes, but the same conditions led to a significant increase in requests for food delivery. >
Uber is looking for ways to boost its food services through Uber Eats, after laying off more than a quarter of the company’s total workforce.
Uber tried to buy GrubHub earlier this year, but the deal was not completed.
