1851

The world of third-party delivery platforms is getting smaller.In June, <a href="https://1851franchise.com/what-grubhubs-73-billion-sale-means-for-the-third-party-delivery-market-2713285#home">GrubHub announced it would merge with Just Eat Takeaway</a>, a third-party delivery platform based in Europe. That agreement was struck just weeks after GrubHub and Uber failed to agree on a deal that would merge those two companies.&nbsp;Since then, Uber has turned its sights to other third-party delivery providers, hoping to bolster its own Uber Eats platform. On Monday, <a href="https://investor.uber.com/news-events/news/press-release-details/2020/Uber-to-Acquire-Postmates/default.aspx?utm_source=1851franchise.com&utm_medium=article&utm_campaign=uber-buys-postmates-for-265-billion-2713437" target="_blank" rel="nofollow">Uber announced it will acquire Postmates</a> for $2.65 billion.<blockquote>“Uber and Postmates have long shared a belief that platforms like ours can power much more than just food delivery—they can be a hugely important part of local commerce and communities, all the more important during crises like COVID-19. As more people and more restaurants have come to use our services, Q2 bookings on Uber Eats are up more than 100 percent year on year. We’re thrilled to welcome Postmates to the Uber family as we innovate together to deliver better experiences for consumers, delivery people, and merchants across the country,” said Uber CEO Dara Khosrowshahi.</blockquote>Since the arrival of the COVID-19 pandemic, Uber’s ride-share service has struggled while Uber Eats has grown. With the acquisition of Postmates, Uber may be aiming to make food delivery its primary service.This is less than welcome news for foodservice franchises, who already contend with a narrow marketplace of delivery providers offering less than competitive fee structures for merchants. <a href="https://www.nytimes.com/2020/07/05/technology/uber-postmates-deal.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=uber-buys-postmates-for-265-billion-2713437" target="_blank" rel="nofollow">As the New York Times points out</a>, Postmates and Uber Eats already account for 37% of delivery sales in the U.S. DoorDash, the largest player, accounts for 45% and GrubHub accounts for 17%.Read the <a href="https://investor.uber.com/news-events/news/press-release-details/2020/Uber-to-Acquire-Postmates/default.aspx?utm_source=1851franchise.com&utm_medium=article&utm_campaign=uber-buys-postmates-for-265-billion-2713437" target="_blank" rel="nofollow">full announcement at investor.uber.com</a>.

Uber Buys Postmates for $2.65 Billion

1851 Franchise

The acquisition comes just weeks after the ride-share company’s failed bid to purchase GrubHub.

uber-buys-postmates-for-265-billion

TruBlue Home Service Ally

Why TruBlue is the Ideal Franchise for Multi-Unit Owners: Scalable Growth With a Purpose

why-trublue-is-the-ideal-franchise-for-multi-unit-owners-scalable-growth-with-a-purpose

Onigilly Japanese Kitchen

Koji Kanematsu Turned a 2,000-Year-Old Japanese Staple Into One of the Most Scalable Restaurant Franchise Models

koji-kanematsu-turned-a-2000-year-old-japanese-staple-into-one-of-the-most-scalable-restaurant-franchise-models

Lindora

Celebrating the Nurse Behind the Mission: How Melinda Endricks Is Powering Lindora’s Growth and Impact Nationwide

celebrating-the-nurse-behind-the-mission-how-melinda-endricks-is-powering-lindoras-growth-and-impact-nationwide

Sola Salons

Sola Salons Targets Chicago for Strategic Franchise Growth

sola-salons-targets-chicago-for-strategic-franchise-growth

Melting Pot

Photo of Melting Pot white chocolate fondue

How Melting Pot Franchisees Drive Year-Round Success Through Strategic Promotions and Local Marketing

melting-pot-franchise-year-round-success

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands - 1851 Franchise

DoorDash Expansion Could Reshape Delivery and Operations for Franchise Brands

doordash-acquistions-deliveroo-sevenrooms

Crumbl Franchise Investment - TSG Consumer Partners -  1851 Franchise

TSG Consumer Partners Takes Minority Stake in Crumbl, Signaling Franchise Growth Potential

crumbl-franchise-investment-tsg-consumer

Yum Brands Reports Strong Q1 Results with Big Boost from Taco Bell

yum-brands-reports-strong-q1-results-with-big-boost-from-taco-bell

QSR: McDonald’s Gains Momentum With Chicken Innovation, Value Deals and Franchisee Support

mcdonalds-franchise-recovery-chicken-strategy-value-deals-2025

The Future of Franchising: Trends and Predictions for 2025 and Beyond

the-future-of-franchising-trends-and-predictions-for-2025-and-beyond

Layoffs Surge to Pandemic-Era Highs, Opening Doors for Franchise Growth

layoffs-surge-to-pandemic-era-highs-opening-doors-for-franchise-growth

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

District Taco Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-district-tacos-franchise-costs-fees-profit-and-data

Franchisee spotlight image with photo of Robert Trujillo and UWRG logo on blue background

How Robert Trujillo Expanded His Construction Business With UWRG

how-robert-trujillo-expanded-his-construction-business-with-uwrg

Health Care Professional in the Non-Profit Space Brings TruBlue to North Pittsburgh

health-care-professional-in-the-non-profit-space-brings-trublue-to-north-pittsburgh

The Ultimate Guide to Selling Franchises: Building Your Brand’s Growth Machine

ultimate-guide-to-selling-franchises

Uber Buys Postmates for $2.65 Billion

MORE STORIES LIKE THIS