Postmates plans to deliver September IPO


Postmates is ready to give the tumultuous delivery market another shake with its reported plans to take the company public next month.

After filing confidential paperwork with the Securities and Exchange Commission in February, the San Francisco delivery service provider is planning to hit the stock exchange by the end of the third quarter, according to a TechCrunch report. It has enlisted JP Morgan Chase (NYSE: JPM) and Bank of America Corp. (NYSE: BAC) as its lead underwriters and is expected…

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