Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub.
Meal delivery has been one bright spot for Uber amid the pandemic, as bookings in its Uber Eats division rose 135 percent year-over-year in the third quarter while its ride-hailing segment dropped 50 percent over the same time period. It’s consolidated other parts of the company in a bid to become profitable by the end of 2021, selling its autonomous vehicles segment to Aurora Innovation in December, the same month it sold its Uber Elevate flying taxi…
Go to Source
Author: Kim Lyons