Uber buys Postmates, ups delivery game in $2.65 billion deal

SILVER SPRING, Md. (AP) — Uber has acquired Postmates in a $2.65 billion all-stock deal, expanding its footprint in the fiercely competitive delivery market. The acquisition enables the ride-hailing giant to increase its delivery offerings at a time when the global pandemic has suppressed customers’ desire for rides while boosting home delivery needs. Postmates delivers a wide array of goods including groceries, pharmacy items, alcoholic drinks and party supplies. Uber recently lost