Postmates

Silicon Valley is built on immigrant innovation

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We wound up having more to talk about than we had time for but we p

Daily Crunch: Uber confirms Postmates acquisition

You may have noticed that The Daily Crunch is publishing about six hours later than usual. Do not be alarmed! We decided that sending the newsletter later in the day was a better fit for the TechCrunc

Why investors are cheering the Uber-Postmates deal

This morning as the markets rally, shares of Lyft are up 3% while Uber shares are up 6%. Why is Uber so far ahead of Lyft, its domestic ride-hailing rival that is suffering from the same economic impa

Uber confirms it is acquiring Postmates in an all-stock, $2.65B deal

Competition continues to heat up in the food delivery wars. In the latest development, Uber today announced that it has acquired Postmates in a $2.65 billion, all-stock deal. It plans to run the busin

Uber reportedly agrees to acquire Postmates for $2.65 billion

Uber has reportedly agreed to buy Postmates in an all-stock deal worth $2.65 billion. According to Bloomberg, the deal may be announced on Monday morning. Like other travel- and transportation-related

As Uber hunts for a deal, can Postmates leverage an IPO?

If Postmates has managed anything like revenue growth acceleration because people have been staying home and ordering more food and other goods, its IPO story could prove attractive.

After losing Grubhub, Uber reportedly hails Postmates

Uber has reportedly made an offer to buy food delivery service Postmates, according to The New York Times. According to the Times, the talks are still ongoing and the deal could fall through. For thos

Uber could lose its Grubhub deal to Just Eat or Delivery Hero

According to CNBC there are two suitors rivaling Uber for purchase of U.S. food delivery company Grubhub: Just Eat Takeaway (the union of Just Eat and Takeaway) and Delivery Hero. Both are European co

Is the e-commerce shift going to last?

In the last couple of weeks, my Twitter timeline has been filled with operators gushing about how the weekends seem like Black Friday weekends, even for non-essential commodities. Change is already he

Help wanted: Autonomous robot guide

COVID-19 knocked the wheels off the economy, but one nascent tech job not only kept rolling, it picked up speed. Teleoperations — or more specifically, teleops for autonomous delivery robots — is

Startups Weekly: How will we build the city of the future?

Editor’s note: Get this weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7am PT), just subscribe here. Commercial real estate, the traditional heart of most

Taika is building a better coffee through natural chemistry and adaptogens

So, an eight-year product veteran from Facebook and an internationally renowned barista walk into a coffee bar… It’s not a joke. It’s the origin story for Taika, a new startup that&#

VC’s largest funds make big bets on vertical B2B marketplaces

During the waning days of the first dot-com boom, some of the biggest names in venture capital invested in marketplaces and directories whose sole function was to consolidate information and foster tr

Ford postpones autonomous vehicle service until 2022

Ford said Tuesday it will delay until 2022 plans to launch an autonomous vehicle service, as the COVID-19 pandemic has prompted the company to rethink its go-to-market strategy. The news was shared as

Startups Weekly: Investors also face a pandemic reckoning

Billions of dollars have flowed into startup investing this decade, but the era appears to be closing with the coronavirus pandemic. Limited partners are saying no to younger venture firms who are sti

For Uber and Lyft, this week has been a wild ride

This morning let's unpack what Uber said and ask if it's reasonable that investors are pushing Lyft higher alongside Uber.

The hidden cost of food delivery

The food delivery ecosystem suffers from a lack of differentiation, compounded by an opaque and confusing web of markups and fees.

San Francisco’s shelter-in-place order does not apply to gig workers

Earlier today, San Francisco Mayor London Breed announced a shelter-in-place order in an attempt to slow the spread of COVID-19. The order legally requires people to stay home as much as possible unle

Workers at America’s largest companies are not covered under coronavirus aid package

Workers at America’s largest companies are not covered under a bill passed by the House of Representatives on Friday that is supposed to support American workers impacted by the spread of the no

White House and House Democrats agree to funding package for paid sick leave, funding for tests

Late Friday night, after nearly two full days of negotiations, the House of Representatives is finally set to pass a bipartisan plan to provide sweeping new benefits to workers and businesses affected
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