Is a food delivery mega-merger coming?
Food delivery startups DoorDash and Postmates are discussing a merger.
According to Recode, the CEOs of both companies — DoorDash’s Tony Xu and Postmates’ Bastian Lehmann — have discussed a potential deal at least once in person in the last year. Lehmann was optimistic enough at some point in the last year that he expressed confidence in a private conversation that a merger would happen.
Postmates delivers from grocery stores, restaurants and other retailers. DoorDash delivers from restaurants.
Read more about the possible merger here.