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About: http://data.cimple.eu/news-article/9b157246c50902abbb687710fa4481a0aa6facb35d0f3909c5adffb6 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Uber is in talks to buy food delivery app Postmates in a multibillion dollar deal, US media reported. The San Francisco-based company has been badly affected by the coronavirus pandemic -- last month cutting a quarter of its global workforce -- and has been looking to boost its growing food delivery service Uber Eats. Talks for a $2.6 billion deal with start-up Postmates are ongoing, sources told the New York Times and the Wall Street Journal, but stressed that nothing was confirmed. The deal would bolster Uber and help Postmates, a nine-year-old firm that has struggled against larger food delivery rivals, the New York Times noted on Monday. A $6 billion Uber offer made last month to acquire Grubhub -- another US food delivery app -- fell through. Grubhub was later bought by European competitor Just Eat Takeaway. Uber said in its quarterly update earlier this year that it lost nearly $3 billion and its rides business was down some 80 percent in April. The rideshare giant noted, however, that it was seeing strong revenue growth for its Eats food delivery operation. Neither Uber nor Postmates have commented on the potential deal. bur-rbu/kaf
schema:headline	Uber in talks to buy food delivery app Postmates
schema:mentions	Uber Eats The Wall Street Journal Uber New York City Pandemic Coronavirus Dollar Baby Grubhub Just Eat Postmates Take-out
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-30 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	65 (xsd:integer)

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