Updated: Dec 3, 2020
Uber Technologies Inc yesterday announced that it has completed the acquisition of Postmates Inc, with the two companies already beginning the process of integrating U.S. operations.
The purchase brings together Uber’s global mobility and delivery platform with Postmates’ business in the U.S. to strengthen the delivery of food, groceries, essentials, and other goods.
According to the firms, the consumer-facing Postmates and Uber Eats apps will continue to run separately, supported by a more efficient, combined merchant and delivery network.
Dara Khosrowshahi, Uber CEO, said: “Uber and Postmates have long been committed to powering delivery services that support local commerce and communities, all the more important during crises like the one we face today. We’re thrilled to bring these two teams together to continue to innovate, bringing ever-better products and services for merchants, delivery people, and consumers across the country.”
Bastian Lehmann, co-founder and CEO of Postmates, said: “We built Postmates to empower local commerce and bring the best of your city to your home, especially in cities like Los Angeles and across the southwest.
“I'm confident that alongside Uber Eats we will create even more opportunities for our customers, continue to drive growth for our merchants, and deliver unique earning opportunities for our Postmates.”