Report: Uber Technologies to Spin Off Postmates Robot Delivery Unit

Report: Uber Technologies to Spin Off Postmates Robot Delivery Unit

Would you invest in a company that focused exclusively on robot food delivery? Uber Technologies (NYSE: UBER) might be betting that the answer is "yes." On Friday, TechCrunch reported that Postmates X, the automated division of the food delivery service Uber bought last July for $2.65 billion, is in search of investors in a play at becoming a separate company.