Postmates

Serve Robotics Inc (NASDAQ:SERV) shares are moving higher in Tuesday’s after-hours session on the heels of the company’s second-quarter financial results. Q2 Revenue: $468,375, versus estimates of $400,000 Q2 EPS: Loss of 27 cents, versus estimates for a loss of 25 cents Serve...

DJ Khaled’s Another Wing unveiled LikeWings, new plant-based additions to its U.S. menu in partnership with LikeMeat, a LIVEKINDLY Collective brand. This collaboration marks LikeMeat’s first ghost kitchen partnership, and LikeWings are available for order starting today through the...

After first indicating in January it planned to spin off Postmates X, the robotics division of on-demand food delivery firm Postmates, Uber Technologies (NYSE: UBER) has made it official, according to published reports. Bloomberg first reported that Uber would co-lead a $50 million investment in...

While mobility continued to decline in the fourth quarter for Uber Technologies Inc (NYSE: UBER), strength was shown in the company’s delivery business. Analysts are out with comments and reactions to the fourth-quarter earnings, as well as thoughts about what’s next. The Uber...

The highly anticipated debuts of Airbnb and DoorDash are among the seven IPOs markets could see this coming week. Airbnb: Vacation rental company Airbnb is scheduled to go public on Thursday, Dec. 10 under the Nasdaq ticker symbol ABNB. The company plans to sell 51.9 million shares at a price...

DoorDash filed its IPO prospectus Friday morning. Here is an early look at the figures and information from the company, which is expected to IPO before the end of the year with the symbol DASH. DoorDash was valued at $16 billion in an early funding round in 2020. The company raised $400 million in...

Uber Technologies Inc (NYSE: UBER) filed a Form S-4 with the U.S. Securities and Exchange Commission in connection to its Postmates Inc acquisition deal on Friday, disclosing the food-delivery company's financials. In a best-case scenario, the management forecasts Postmates revenue growth...

The Past Week, In A Nutshell What Happened: “It’s certainly been a wild ride for stocks in 2020,” noted researchers at LPL Financial. “Barely past the halfway point, the year has already brought the worst pandemic to hit the U.S. in over 100 years, an unprecedented...

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Andrew and Kevin are joined by former GQG host and Senior Research Analyst, Seth Holm. The original three change the pace a bit and expand their normal "long/short" segment into a full-length episode. Topics covered include whether Tesla, Inc. (NASDAQ: TSLA) can become the most valuable company in...

Ride-hailing company Uber Technologies Inc (NYSE: UBER) will combine Postmates with its food delivery business, and Uber deserves credit for overseeing a "smart strategic move," according to Wedbush. The Uber Analyst: Ygal Arounian maintains an Outperform rating on Uber's stock with...

Uber Technologies Inc (NYSE: UBER) is acquiring Postmates Inc, an online food delivery service, for $2.65 billion in an all-stock deal. What Happened The deal will be announced Monday morning, according to the sources of Bloomberg. It is expected that the vice president of Uber Eats, Pierre-Dimitri...

Uber Technologies Inc (NYSE: UBER) is reportedly interested in acquiring rival Postmates for $2.4 billion. The company's former Chief Business Officer Emil Michael was a guest on Fox Business to talk about the deal and the general state of the food delivery business. Michael On Uber Acquiring...

Uber Technologies Inc. (NYSE: UBER) has made an acquisition offer to food delivery service Postmates, the New York Times reported late Monday. Uber's Second Food Delivery Takeover Bid An agreement between the two companies could have been reached as soon as Monday evening, according to the...