People familiar with the matter told Bloomberg and The Times that the all-stock deal could be announced as soon as today. According to The Times, Uber is expected to merge Postmates with its popular home-grown food-delivery app Uber Eats.
Pierre-Dimitri Gore-Coty, the vice president of Uber Eats, is expected to run the combined delivery business, according to both The Times and Bloomberg.
Postmates was founded by Bastian Lehmann, Sam Street, and Sean Plaice in 2011 and says it has grown to include 600,000 merchants across all 50 states.
