‘It’s about time.’ Read More
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Uber pays $1.1 billion for Drizly
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As its core ride-hailing business remains depressed by the pandemic, Uber is making yet another big bet that food delivery will stay as a big part of its business. On Tuesday, the company announced plans to acquire Drizly, a Boston-based maker of an alcohol delivery app, for about $1.1 billion in cash and stock. Uber […]
Global stocks, U.S. futures and crypto gain as investors close out a lousy September
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Investors are cheering a potential deal to avert a government shutdown. Read More
The nit in Square’s acquisition of Afterpay
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Square’s $29 billion deal for a buy-now-pay-later company} is big, bold, and pricey Read More