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CA ballot measure that keeps gig workers as independent contractors is projected to pass

CA ballot measure that keeps gig workers as independent contractors is projected to pass Uber, Lyft, Instacart and DoorDash — the major backers of California’s Proposition 22 — are getting their way. The proposition, which will keep gig workers classified as independent contractors, is projected to pass. The Associated Press called the race with 67% […]

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LA Rams, Fanatics and Postmates coordinate on an on-demand pop-up

LA Rams, Fanatics and Postmates coordinate on an on-demand pop-up Postmates, now a division of Uber, is diving deeper into the world of on-demand retail and its partnership with the National Football League. The company, working alongside Fanatics and the Los Angeles Rams is launching a pop-up shop Monday for fans to buy gear directly through […]

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Quarantine drives interest in autonomous delivery, but it’s still miles from mainstream

Quarantine drives interest in autonomous delivery, but it’s still miles from mainstream The prospect of truly zero contact delivery seems closer — and more important — than ever with the pandemic changing how we think of last mile logistics. Autonomous delivery executives from FedEx, Postmates, and Refraction AI joined us to talk about the emerging […]

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Hear from Postmates, Refraction AI and FedEx about autonomous delivery at TC Sessions: Mobility 2020

Hear from Postmates, Refraction AI and FedEx about autonomous delivery at TC Sessions: Mobility 2020 Small startups and logistics giants alike are working on how to use automated vehicle technology and robotics for delivery. Some have even accelerated their efforts, with mixed results, as the COVID-19 pandemic drove up demand for delivery. But is the […]

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Postmates cuts losses in Q2 as it heads towards tie-up with Uber

Postmates cuts losses in Q2 as it heads towards tie-up with Uber Popular food delivery service Postmates is in the process of merging with Uber in a blockbuster $2.65 billion deal that would see it join forces with its food delivery competitor, Uber Eats. The deal remains under antitrust scrutiny, and has not yet been […]

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Daily Crunch: Uber confirms Postmates acquisition

Daily Crunch: Uber confirms Postmates acquisition You may have noticed that The Daily Crunch is publishing about six hours later than usual. Do not be alarmed! We decided that sending the newsletter later in the day was a better fit for the TechCrunch news cycle — hopefully, there will be fewer days when we hit Publish […]

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Uber reportedly agrees to acquire Postmates for $2.65 billion

Uber reportedly agrees to acquire Postmates for .65 billion Uber has reportedly agreed to buy Postmates in an all-stock deal worth $2.65 billion. According to Bloomberg, the deal may be announced on Monday morning. Like other travel- and transportation-related businesses, Uber’s ride-hailing segment has been negatively impacted by the COVID-19 pandemic, due to shelter-in-place orders […]

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As Uber hunts for a deal, can Postmates leverage an IPO?

As Uber hunts for a deal, can Postmates leverage an IPO? It’s been a busy last 24 hours or so for on-demand delivery company Postmates. According to reporting, the company is reviving its IPO plans, possibly selling to Uber, or perhaps looking to go public with the help of a special purpose acquisition vehicle, also […]

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After losing Grubhub, Uber reportedly hails Postmates

After losing Grubhub, Uber reportedly hails Postmates Uber has reportedly made an offer to buy food delivery service Postmates, according to The New York Times. According to the Times, the talks are still ongoing and the deal could fall through. For those that have been paying attention to Uber, this appetite is not new, albeit […]

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Uber could lose its Grubhub deal to Just Eat or Delivery Hero

Uber could lose its Grubhub deal to Just Eat or Delivery Hero According to CNBC there are two suitors rivaling Uber for purchase of U.S. food delivery company Grubhub: Just Eat Takeaway (the union of Just Eat and Takeaway) and Delivery Hero. Both are European companies perhaps looking for a major entry to the United […]

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