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Uber completes Postmates acquisition, boosting its place in food delivery

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A Postmates sticker is displayed next to an Uber Eats sticker on the window of a restaurant in San Francisco, Calif. Uber Technologies Inc. has closed its purchase of Postmates Inc.


Justin Sullivan/Getty Images

Bolstering its increasingly important delivery business, Uber Technologies Inc. announced Tuesday that it has completed its $2.65 billion acquisition of Postmates Inc.

The Uber Eats and Postmates apps will continue to run separately, Uber
UBER,
+1.29%

said in a filing with the Securities and Exchange Commission, though the two companies have begun…



Source marketwatch.com

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