Postmates Talked DoorDash Merger, Grubhub Acquisition
Photo Caption: Postmates might be quietly looking for a buyer or a deal, according to Recode.
Skift Take
Interest in and use of delivery services has never been higher. Merger, acquisition, or not, Postmates still has a chance to capture a larger slice of the delivery pie. But now's the time to act.
DoorDash and Postmates have discussed a possible merger, according to a new report from Recode. The talks took place over the past year, although Recode notes that there isn't a deal firming up at this point — in part, because the companies' CEOs (Tony Xu and Bastian Lehmann, respectively) couldn't decide how to handle one person reporting to the other. DoorDash's SoftBank-led $535 million investment round in March 2018 also changed the nature of the potential deal, according to the report.
As competition in third-p
