Monday, 06 Jul 2020 11:15 AM MYT
NEW YORK, July 6 — Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a US$2.65 billion all-stock agreement, Bloomberg News reported late yesterday, citing people familiar with the matter. Postmates was last valued at US$2.4 billion, when it raised US$225 million in a private fundraising round last September.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber buys food-delivery app Postmates in US$2.65 bil dealSan Francisco-based Postmates accounted for 8% of the US meal delivery market in May. FMTNews Uber
Source: fmtoday - 🏆 5. / 72 Read more »
Report: UK nears US$625m Sanofi/GSK Covid-19 vaccine deal | Malay MailLONDON, July 5 — Britain is close to a £500 million (RM2.6 billion) supply deal with Sanofi and GlaxoSmithKline for 60 million doses of a potential Covid-19 vaccine, the Sunday Times reported. Clinical trials are due to start in September and Sanofi has said it expects to get approval by the...
Source: malaymail - 🏆 1. / 86 Read more »
Uber buys food-delivery app Postmates in US$2.65 bil dealSan Francisco-based Postmates accounted for 8% of the US meal delivery market in May. FMTNews Uber
Source: fmtoday - 🏆 5. / 72 Read more »
US dollar in tight range ahead of US services sector data | Malay MailTOKYO, July 6 — The US dollar held steady against most currencies today as investors awaited data expected to show the US services sector stopped contracting, and highlighting the economic recovery from the coronavirus pandemic. The euro moved in a narrow range before economic data from Germany...
Source: malaymail - 🏆 1. / 86 Read more »
European stocks slide as surge in virus cases hits rebound hopes | Malay MailNEW YORK, July 4 — European stocks fell yesterday after gaining ground during the week as a surge in US coronavirus cases made investors less optimistic about prospects for a rebound in the global economy. After opening largely flat, the pan-European STOXX 600 index lost ground as the session...
Source: malaymail - 🏆 1. / 86 Read more »
Dutch report new Covid-19 infection on mink farm | Malay MailTHE HAGUE, July 3 — Dutch authorities announced today that yet another mink farm has been infected with the novel coronavirus, making 18 in total, with thousands of animals to be culled. The outbreak was reported on a farm at Landhorst in the southeast, the Health Ministry said in a statement, in...
Source: malaymail - 🏆 1. / 86 Read more »