HYMPY - Amazon Competitor Gets $300M At $1.2B Valuation
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Amazon (AMZN) and GrubHub (GRUB) competitor: Tiger Global led a $300M round in on-demand delivery company Postmates. The deal valued Postmates at about $1.2B. The CEO says the company has a “beautiful path” to a 2019 IPO.
Postmates CEO Bastian Lehmann said the company didn’t plan to raise more capital until Tiger Global approached. The