Postmates

Spying a pivot to ghost kitchens, SoftBank’s second Vision Fund pours $120 million into Ordermark

“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 launching a new retail delivery feature as brick and mortar stores face 14% drop in sales

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

LA Rams, Fanatics and Postmates coordinate on an on-demand pop-up

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

Mixtape Podcast: Proposition 22 and the labor divide

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

Quarantine drives interest in autonomous delivery, but it’s still miles from mainstream

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 starts tomorrow

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

Hear from Postmates, Refraction AI and FedEx about autonomous delivery at TC Sessions: Mobility 2020

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

Postmates cuts losses in Q2 as it heads towards tie-up with Uber

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 takes a stake in Struck Capital to fund the future of LA’s tech ecosystem

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 launches FastAF app for same-day product delivery

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

Postmates becomes the official on-demand food delivery partner of the NFL

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

Rideshare and taxi ad startup Firefly acquires Strong Outdoor’s out-of-home ad business

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

LA’s Kickback is a social shopping app that converts users into marketing channels through cash rewards

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

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
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