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    Uber rides hammered by the pandemic; food delivery business doubles

    In the second quarter, the homebound customers more than doubled their orders from Uber’s food-delivery service while demand for its ride-hailing services witnessed only...

    Uber acquires Postmates: Strengthens its foothold in the food delivery segment

    US-based ride-hailing multinational Uber acquired American food delivery service Postmates in an all-stock transaction of $2.65 billion. The firm plans to run its own...
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