Consolidation is coming for US food delivery, unless the government stops it first ...Middle East

Economy by : (Quartz) -
To bolster its food delivery business, Uber has been on a dealmaking spree, looking to purchase companies that would expand its offerings. In the past year, the company has made a series of food and drink delivery acquisitions including Cornershop, Drizly, and Postmates. It has also formed several partnerships, including one exclusively with ultra-fast convenience delivery service GoPuff, a company reportedly worth $15 billion, and with major grocery chain Albertsons, which will expand Uber’s delivery service in the US to 1,200 Albertsons stores.But the recent deals have also caught the attention of regulators.The US Federal Trade and Commission (FTC) is reportedly investigating two of Uber’

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