Postmates Not Waiting on Uber Offer As It Readies IPO Filing Next Week

Postmates Not Waiting on Uber Offer As It Readies IPO Filing Next Week

Although Uber Technologies (NYSE: UBER) is reportedly negotiating to acquire Postmates for $2.6 billion, the meal delivery service isn't waiting around for an offer that may not ultimately materialize. Fox Business News reports Postmates is planning on filing the necessary paperwork for an initial public offering (IPO) that could come as soon as next week. A Morgan Stanley analysis shows the sector generates about $30 billion in revenue from the fees and commissions charged for delivery.