Postmates is a food delivery service, founded in 2011, and acquired by Uber in 2020.
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12 Facts About Postmates
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Postmates was founded in 2011 by Bastian Lehmann, Sean Plaice, and Sam Street.
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4.
In December 2014, Postmates opened its application programming interface to merchants to allow small businesses to compete in the business of consumer goods delivery with larger companies such as Amazon.
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5.
In November 2017, Postmates launched service in Mexico City, its first location outside the United States.
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In 2018, Postmates launched service in 134 new cities in the United States, bringing its total number of cities in the United States up to 550.
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7.
On December 13,2018, Postmates announced the development of an autonomous delivery rover.
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8.
In 2011, Postmates raised over US$800,000 through involvement with the Angelpad accelerator.
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In September 2018, Postmates announced that it had raised US$300 million in additional funding, led by Tiger Global Management.
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10.
In January 2019, Postmates raised US$100 million in investments from BlackRock together with Spark Capital, Founders Fund, Uncork Capital, and Slow Ventures.
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11.
In May 2019, Postmates changed its pay structure for delivery workers, removing a $4-per-job minimum pay guarantee, changing the base rate per job, and decreasing the per-mile rate in some markets.
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12.
Postmates defended its modified pay structure, citing improved efficiency and its policy of allowing workers to keep all tips without counting them against other compensation.
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