Company eyes deal with Postmates as Covid-19 surge dims hopes for near-term recovery in rides business
Uber Technologies Inc. needs a win.
After a failed bid for Grubhub Inc., the ride-hailing giant is trying to buy much smaller food-delivery company Postmates Inc. as it seeks surer footing in the era of Covid-19.
The San Francisco-based company needs to get stronger in the competitive world of food delivery as the pandemic has crushed its...
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