Postmates planning IPO filing for next week

Fox Business | Jul 2, 2020 at 4:39 PM
  • Postmates is planning to file paperwork for an initial public offering within days, a source with knowledge of the matter told FOX Business.
  • Delivery companies charge restaurants high commissions — up to 30 percent of their order — and a delivery fee.
  • Postmates plans to list shares on the Nasdaq under the ticker “MATE”.