Uber is back in the food delivery mergers and acquisitions rumor mill. This time they are negotiating a take over of Postmates.
Several weeks ago, Uber and Grubhub were in talks about a possible takeover. I had the feeling that a deal would be done, but wasn’t sure that it could pass regulatory approval. It turns out that Grubhub did sell, but not to Uber.
When you have the number two and number three delivery companies merging and making up possibly 60% of the delivery market, it’s not going to happen without getting some challenges on the anti-trust side of things. There is always the possibility that this gets shot down from outside.Uber Eats offers to take over Grubhub on the EntreCourier
I was wrong about the Grubhub deal being done, though concerns about the regulatory issues were a major factor in it not going through. There were some other things revealed about those negotiations that might shed some light on what could happen if a merger happens with Postmates.[Read more…] about How Would a Possible Uber Eats Take Over of Postmates Impact Independent Contractors?