Postmates

Another Uber spinout is in the works. Postmates X, the robotics division of the on-demand delivery startup that Uber acquired last year for $2.65 billion, is seeking investors in its bid to become a s

According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partne

Uber has offloaded its air taxi enterprise Elevate to Joby Aviation, the last of several moonshots to be sold by the ride-hailing company in a pursuit to stick to its core business and reach profitabi

Uber today announced the official completion of its Postmates acquisition deal, which it announced originally back in July. The all-stock deal, valued at around $2.65 billion at the time of its disclo

Fresh off of its success on Election Day, Uber is signaling that it will continue to push laws similar to the Proposition 22 measure approved by California voters that will keep gig workers classified

Uber, Lyft, Instacart and DoorDash — the major backers of California’s Proposition 22 — are getting their way. The proposition, which will keep gig workers classified as independent

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Welcome back to The Station, a newsl

“We’re building a decentralized ghost kitchen,” is a sentence that could launch a thousand investor calls, and Alex Canter, the chief executive officer behind Ordermark, knows it. Th

Postmates is now rolling out what could be the biggest update to the company’s service in a long time — adding a retail option for users to shop local stores and for local merchants to set

Postmates, now destined to be a division of Uber, is diving deeper into the world of on-demand retail and its partnership with the National Football League. The company, working alongside Fanatics and

California’s Proposition 22 is the most funded and perhaps one of the most contentious ballot measures in the state’s history. To date, the Yes on 22 side has put north of $185 million into th

The prospect of truly zero contact delivery seems closer — and more important — than ever with the pandemic changing how we think of last mile logistics. Autonomous delivery executives from FedEx,

TC Sessions: Mobility 2020, kicks off in full swing tomorrow! Don’t miss out on two full days devoted to the technology and people that make things fly, roll, haul or deliver. Today’s the last day

Small startups and logistics giants alike are working on how to use automated vehicle technology and robotics for delivery. Some have even accelerated their efforts, with mixed results, as the COVID-1

Popular food delivery service Postmates is in the process of merging with Uber in a blockbuster $2.65 billion deal that would see it join forces with its food delivery competitor, Uber Eats. The deal

Leonardo DiCaprio is making a significant commitment to the Los Angeles-based investment firm Struck Capital as part of the actor’s commitment to building LA into a tech development powerhouse.

Darkstore, the tech-driven fulfillment solution to enable e-commerce companies to offer same-day delivery, has just released a consumer-facing app called FastAF. Right now, the app is only available i

The National Football League is naming Postmates as its very first on-demand food delivery partner. In this context, a partnership means a multiyear sponsorship, which also makes Postmates a sponsor o

Firefly is expanding its ad business in New York City by acquiring the out-of-home business of Strong Outdoor, as well as by becoming the advertising partner for fleet operator Sally. Firefly launched

Franky Bernstein, the Venice, California-based serial entrepreneur, knows marketing. At his last startup, Markett, Bernstein turned college students into brand ambassadors who were paid by the compani