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Uber buys alcohol delivery service Drizly for $1.1 billion in a stock and cash deal, further expanding Uber’s revenue and service mix.
Last week Uber announced that an investment firm was buying a $500 million stake in Uber Freight, the company’s logistics division.
This week, Facebook fights Apple on App Store fees, Oracle may bid on TikTok, and MLB.tv may be issuing $200M+ in refunds.
Food delivery services like DoorDash and Grubhub are making merger moves while stepping up their game during the COVID-19 pandemic.
Food delivery service DoorDash has raised $400 million in additional capital from new investors, bringing the company’s valuation to just under $16 billion.
Just Eat Takeaway.com announced it will acquire food delivery service U.S. based Grubhub for $7.3 billion in an all-stock deal.
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