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11 Jul

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Postmates featured in Time.com

July 11, 2016 | By |

July 2016: Postmates was featured on Time.com along with other leading websites in response to leaked financials.

After leading experts predicted tough times earlier this year, Time provided this update:

“It’s looking more like Postmates is among those positioned to survive — and even benefit. In April, the (private) company’s financials were leaked, showing revenues grew sixfold last year and would rise 450% this year. Even better, gross margins will double to 24% this year from 12% in 2014. The numbers bolstered CEO Bastian Lehmann’s view that Postmates would be profitable by 2017.”

Read more in Time.com