Uber to buy Postmates

Published: Jun. 30, 2020 at 2:56 PM EDT
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Uber is reportedly in talks to buy Postmates.

This is the latest in a series of moves to consolidate the food delivery business.

The deal would boost Uber Eats, which has the second-largest market share in the U.S. after Doordash.

Uber tried earlier this month to buy Grubhub, but was beaten out by a European rival in a deal worth $7 billion dollars.