Uber Acquires Drizly for Approximately $1.1 Billion

Uber Technologies Acquires Postmates

December 18, 2020

Logistics & Distribution

Uber Technologies, Inc. agreed to acquire Postmates, Inc. in an all-stock transaction announced in November/December 2020 valued at approximately $2.65 billion. The deal combines Postmates' last-mile delivery and delivery-as-a-service capabilities with Uber's global Rides and Eats platform to create operational synergies, expand merchant reach, and improve batching and logistics efficiency.

e& Acquires Majority Stake in Careem Technologies for $400M

April 13, 2023

Transportation

Abu Dhabi-based tech group e& (formerly Etisalat) signed a binding agreement with Uber Technologies to acquire a 50.03% majority stake in the newly spun-out Careem Technologies for $400 million. The spinout — which will focus on scaling the Careem super app (food and grocery delivery, digital payments, and other on-demand services) — was announced by Careem; Uber's exact remaining stake in the spinout is not disclosed and the ride-hailing business was reported as still owned by Uber.

DoorDash Acquires Caviar From Square for $410 Million

August 1, 2019

Food & Beverage

DoorDash has acquired premium food delivery app Caviar from Square in a deal valued at $410 million in cash and stock. The acquisition brings Caviar’s curated restaurant partners and delivery capabilities onto DoorDash’s platform to expand its merchant selection and strengthen its position in the competitive food-delivery market.

Shopify Acquires Deliverr to Expand Fulfillment Capabilities

July 8, 2022

Logistics & Distribution

Shopify Inc. completed its acquisition of Deliverr, Inc. for approximately $2.1 billion in a mix of cash and Shopify Class A shares. The deal integrates Deliverr's fulfillment software, talent, data, and network into the Shopify Fulfillment Network to expand multichannel, fast fulfillment for merchants across major marketplaces and sales channels.

Wonder Acquires Grubhub from Just Eat Takeaway.com

November 13, 2024

Restaurants & Hospitality

Wonder, the delivery-first food hall and mealtime platform founded by Marc Lore, will acquire Grubhub from Just Eat Takeaway.com for an enterprise value of $650 million (including $500 million of senior notes and $150 million cash). The acquisition will integrate Grubhub’s large marketplace and logistics network into Wonder’s app to accelerate Wonder’s ‘super app for mealtime’ strategy; the deal is expected to close in Q1 2025 and Jefferies served as Wonder’s financial advisor.

Flaviar Acquires Speakeasy Co.

September 10, 2024

E-Commerce

Flaviar, Inc. has acquired Speakeasy Co. in a cash-and-stock deal to fold Speakeasy's agency, marketing and fulfillment capabilities into Flaviar Checkout and expand Flaviar's B2B/e-commerce enablement for beverage-alcohol brands. The combined business will give brand partners access to warehouse-based fulfillment, performance marketing, and Flaviar's data and ad products while preserving Speakeasy's team and client relationships.