Grubhub and Postmates Are Actively Defying Portland’s New Delivery Fee Law

Three weeks after Portland City Council passed a new ordinance capping fees on food delivery apps at 10 percent, two companies — Postmates and Grubhub — are still flouting the rules, and taking fees of up to 30 percent from local restaurants. In early July, City Council unanimously passed a fee cap to help small businesses struggling […]

Local restaurants navigate food delivery — it comes down to cost and service

For some restaurants in Sahuarita and Green Valley, delivery service has become essential to stay afloat. Some are turning to third-party service apps like Postmates or the new, local Foodie Magoo’s, while others are handling deliveries with their own staffs. It all comes down to cost and service.  Using Postmates Denny’s in Sahuarita is signed […]

How Postmates Will Help Uber Eats Turn Profitable

[Updated 7/8/2020] Uber Confirms Postmates Deal. How Will It Drive Profitability? On Monday, Uber confirmed that it will be acquiring food delivery service Postmates for approximately $2.65 billion in an all-stock transaction, as it looks for a path to profitability for the Uber Eats business that remains significantly loss-making, despite witnessing strong demand through the […]

Uber Eats + Postmates = Amazon-sized opportunity

Consolidation in food delivery is the most obvious rationale for the deal. But the chance to compete with e-commerce giants may pay even bigger dividends. Uber Technologies Inc.’s deal to acquire Postmates Inc. isn’t just about the need for consolidation in the food-delivery industry. The company also has its eyes on a bigger prize: nabbing business from Inc. and Walmart […]

How Long Will UberEats Keep Its Appetite For New Acquisitions?

After trying unsuccessfuly to buy Grubhub and ending up in despairafter it was sold to European player Just Eat for $7.3 billion, Uber has announced the acquisition of another food delivery company, Postmates, for the much lower price of $2.65 billion, paid in full in shares. Basically, if you’re the third-largest food delivery company in terms of market share (22%) and you can’t buy the […]

Uber agrees to buy Postmates with $2.65 billion all-stock deal

Ride-sharing company Uber Technologies Inc. has agreed on a deal to buy food-delivery app Postmates Inc. in a $2.65 billion all-stock agreement, Bloomberg News reported late Sunday, citing people familiar with the matter. The deal has been approved by Uber’s board and could be announced as soon as Monday, Bloomberg reported, adding that Pierre-Dimitri Gore-Coty, head of Uber’s food […]

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 consistent. A little over a month ago, the ride-hailing […]

Square partners with Postmates to offer on-demand delivery capabilities

Square launched On-Demand Delivery for Square Online Store on Thursday to allow its merchants to dispatch a courier for orders placed directly on a company’s website, according to a press release.  Sellers will pay a flat fee of $1.50 per order to Square and a fee to a delivery partner that is based on distance and […]

Square Offering On-Demand Delivery Through Postmate

Square, the popular point-of-sale platform for restaurants and retailers, has announced a new On-Demand Delivery service giving merchants the ability to accept and fulfill delivery orders that come through native platforms. As part of this new service’s launch, Square has partnered with Postmates, with assurances that additional delivery partners are coming soon. Wally Sadat, CMO […]

Square gets back into food delivery less than a year after selling Caviar

Jack Dorseys’s payments company Square announced a new option for restaurants and stores to have products delivered to customers. Wednesday’s announcement comes less than a year after Square announced the sale of its food delivery business Caviar to DoorDash. It underscores Square’s effort to beef up online offerings for small businesses that are being hit especially […]