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

Daniel Litwin
Jul 2, 2020
Learn more
Business Casual Daniel Litwin Podcast Food Delivery Services Initial Public Offering IPO MarketScale postmates Taylor Bagley Podcast Tyler Kern Podcast Uber Uber Eats

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!

Image

Latest

Adrienne Mageors
Allowing Purpose to Lead: Adrienne Mageors on Building a Career Grounded in Inclusion and Community Impact
November 12, 2025

Sometimes, purpose finds you when you least expect it. For Adrienne Mageors, it came in the form of a question she couldn’t ignore—one that pulled her out of corporate marketing and into a life of service and inclusion. What began as a career pivot became something bigger: a mission to build spaces where every…

Read More
college
The New Playbook for College ROI: Podium Education’s Scalable Model for Real-World Learning
November 12, 2025

The debate around the return on investment (ROI) of a four-year degree has reached a fever pitch. As tuition costs rise and employers question the value of traditional credentials, higher education leaders are rethinking how to make college more career-relevant. Experiential learning—work-based and project-based education embedded within curricula—is emerging as one of the most promising…

Read More
Trades
Heating Up the HVAC Industry: Closing the Gaps in Mentorship, Training, and Trust with Joshua Griffin
November 11, 2025

A rapidly changing HVAC industry is being shaped by refrigerant shortages, a deepening labor gap, and shifting expectations from homeowners. With refrigerant regulations evolving and long-trusted standards like R410A being phased out, contractors and technicians are navigating not only technical complexity, but also a growing need to rebuild trust and transparency with customers. The…

Read More
talent solutions
Redefining Talent Solutions in the AI Era: Soft Skills, Purpose, and Flexibility at the Center of Career Growth
November 11, 2025

As careers become less linear and more purpose-driven, workers are increasingly drawn to environments that value adaptability, culture fit, and soft skills for career growth. These capabilities are proving just as critical as technical expertise, especially as AI, remote work, and flexible paths reshape the labor market. According to McKinsey, 70 percent of workers…

Read More
Related
zero-emission
Software & Technology
Driving Real Change: How ZM Trucks Is Building the Future of Zero-Emission Trucking
October 15, 2025
reviews
Healthcare
The New Freight Standard: Why Verified Trucking Reviews Matter in Modern Supply Chains
September 11, 2025

For decades, the freight industry has leaned heavily on compliance data and opaque reputation systems, leaving carriers, brokers, and shippers with little visibility into actual service quality. Reviews often sat behind paywalls, skewed negative, or lacked validation altogether, making it difficult to separate reliable partners from unreliable ones. Today, the vast majority of trucking remains…

Read More
drayage
Healthcare
Smarter Drayage Delivers Profit and Reliability
August 27, 2025

Drayage, the short-haul transport of containers from ports to warehouses, has become a critical link in global logistics. E-commerce growth and shifting supply chain strategies have pushed this step into sharper focus. U.S. containerized imports totaled 28,196,462 TEUs in 2024, a 13 percent increase from the previous year, underscoring the rising demand for port-to-warehouse…

Read More