Tuesday, July 7, 2020
Uber Technologies Inc. said its $2.65 billion deal for rival Postmates Inc. will help it better compete in restaurant delivery and the market for delivering groceries and other staples, a signal of the ride-hailing company’s ambitions to provide a wider range of items to consumer doorsteps.
With its all-stock purchase of Postmates, Uber would become the second-largest restaurant delivery service in the U.S. by market share, following DoorDash Inc., according to research firm Edison Trends. Grubhub Inc. ranks third.
Read more at The Wall Street Journal.
Tuesday, September 18, 2018
Through this deal, Indra and ACS look to capture the high growth potential of the transmission and distribution networks advanced management market, which is expected to grow at an annual rate of 20% and reach overall volumes of $1.8 billion by 2021.