Americans are ordering more food at home, but too many well-funded companies are fighting to deliver it. Smaller firms like Postmates should put themselves on the M&A menu, writes rob_cyran.
Delivery company Postmates has explored a sale to rivals including DoorDash and Uber Technologies, and is being represented by the tech specialist investment bank
Qatalyst Partners, according to Recode. Postmates said in February that it had filed confidentially to go public, but the company’s prospectus has yet to be made public.
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