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Uber has agreed to acquire delivery service Postmates and a $2.65 billion all stock deal.
The ride hailing company on Monday said the acquisition, which was first reported earlier by Bloomberg will boast its growing efforts in the delivery of groceries, essential and other goods.
Uber was said to be looking to acquire a rival food delivery service grubhub.
But reportedly exited merger talks and missed antitrust concerns.
Its official samsung will hold its next unpacked event on August 5, virtually.
The company is expected to introduce new models of its galaxy note.
The fold and possibly an upgraded flip.
Rumors say that we may see up to three different models of the next Note, and potentially a more inexpensive version of the galaxy fold.
All of the new devices are expected to include 5G connectivity.
[SOUND] And finally, the new video streaming service QUIBI, may not be faring too well.
According to analytics firm Sensor Tower, Kwibi has held on to only 8% of customers, whose 90 day free trials ran out this week.
Sensor Tower said a maximum of 72 thousand people who installed the app in its first three days have stayed on as paid subscribers.
Kwibi representative said the company disputes sensor towers figure.
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