Sore Over Losing Grubhub, Uber Scoops Up Postmates for $2.7 Billion

Well, it’s official now—Uber is expanding its presence in the food delivery game. After several rumors last week, Uber announced today that it bought food-delivery app Postmates for $2.65 billion in an all-stock transaction.

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Source: Gizmodo – Sore Over Losing Grubhub, Uber Scoops Up Postmates for .7 Billion