Postmates Debates Consolidation or Going Public as its Next Move: Business Casual

Powered by RedCircle

While around the world, COVID-19 has wreaked havoc on humans, businesses and numerous industries, particularly the restaurant sector, it has conversely proven to be a windfall for food delivery services such as Uber Eats, DoorDash, Grub Hub and Postmates.

Although operating in nearly 3,000 U.S. cities, in years past, Postmates grappled to create the revenue growth required to excite IPO investors. However, this pandemic-driven uptick in business has opened some novel opportunities for the company. On early Monday morning, Reuters reported that Postmates has revived plans for an initial public offering. Further, shortly after the Reuters report was published, the New York Times reported that “Uber has made a takeover offer to buy Postmates”.

Postmates’ prospects of going public or merging with Uber puts them at a unique crossroads, and on today’s Business Casual segment, MarketScale co-hosts Taylor Bagley, Tyler Kern, and Daniel Litwin discuss:

  1. The pandemic’s effect on food delivery services
  2. Postmates’ previous IPO attemp
  3. Consolidation within the food delivery category
  4. The pros and cons of staying private vs. going public vs. merging

Bringing thought leadership to your day, MarketScale’s Business Casual keeps you current with the hottest topics and newest trends shaping business today. And for the latest thought leadership, news and event coverage across B2B, be sure to check out our industry pages.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

verizon leaders
Verizon Leaders: Unlocking Connectivity with the Verizon Partner Network
December 1, 2023

For a special episode of The Verizon Partner Network the focus was on the considerable role of partnerships in the Verizon Partner Program and the leaders shared their perspectives on the initiative. Their conversation brought about a lot of thought-providing context on the evolving telecommunications landscape. In today’s era, collaboration and integration are key to […]

Read More
2024
Mark Tina Envisions Differences to the Verizon Partner Network in 2024
December 1, 2023

In the dynamic telecommunications landscape, Verizon’s Partner Network continues to evolve, adapting to new trends and opportunities. For another segment featuring Mark Tina, VP of Indirect Channel Distribution and Channel Chief at Verizon Business Group, he explores exactly what types of significant changes and advancements the Verizon Partner Network will see in 2024. In this […]

Read More
verizon business group
Mark Tina Explores the Importance of Partners in Verizon Business Group Success
December 1, 2023

A special episode of The Verizon Partner Network focuses on an examination of an industry marked by fierce competition and rapid innovation. But most importantly, how the role of partnerships in a company’s success is increasingly vital. Mark Tina, the VP of Indirect Channel Distribution and Channel Chief at Verizon, details why partners are essential […]

Read More