Meat+Poultry - August 2020 - 12

BUSINESS NOTES

Uber to acquire Postmates
Uber Technologies Inc. reached a definitive
agreement to acquire Postmates for
approximately $2.65 billion in an all-stock
transaction. The transaction is expected to
close in the first quarter of 2021.
The companies' combination will
bring together Uber's global Uber Eats
and Uber Rides platforms with Postmates'
delivery business in the United States.
The transaction will allow Uber access
to Postmates' differentiated geographic
focus areas, customer demographics and
the small- and medium-sized restaurants
with which Postmates has built strong
relationships with, Uber said. The
transaction also will complement Uber's
efforts in the delivery of groceries.
"Uber and Postmates have long shared
a belief that platforms like ours can power
much more than just food delivery - they
can be a hugely important part of local
commerce and communities, all the more
important during crises like COVID-19,"
said Dara Khosrowshahi, chief executive

officer of Uber. "As more people and more
restaurants have come to use our services,
Q2 bookings on Uber Eats are up more
than 100% year on year. We're thrilled to
welcome Postmates to the Uber family
as we innovate together to deliver better
experiences for consumers, delivery
people, and merchants across the country."
Additionally, the pairing of Postmates
and Uber Eats will offer restaurants and
merchants more tools and technology
to connect with a larger consumer base.
Consumers will gain an expanded choice
across a wider range of restaurants and
other merchants, while delivery workers
will have more opportunities to earn income
with increased batching of orders to make
better use of time, Uber said. Uber plans to
keep the consumer-facing Postmates app
running separately supported by a "more
efficient, combined merchant and delivery
network," the company said.

Wayne Farms expands
retail products to
include Walmart

12

MEAT+ POULTRY | 08.20 | www.meatpoultry.com

Chef's Craft products that will be
available at Walmart include: Flame Grilled
Chicken Breast Fillet, Gluten Free Breaded
Chicken Breast Chunks and Grilled
Chicken Breast Chunks.
Megan Ernst, senior marketing
manager, said this is the first time the
Chef's Craft products have been offered in
the retail marketplace.
"Chef's Craft chicken has previously
only been offered to the foodservice
industry," she said. "This is the first time
these gourmet products will be sold in
grocery stores. We are excited to partner
with Walmart to offer this all-natural line
of products directly to consumers and
present high-protein meal options families
can feel good about eating."

After 50 years in the
jerky business, Old
Trapper is now introducing its Zero Sugar
Beef Jerky. The sugarfree, low-carb option is
available from retailers
around the country.
"As a high-protein
product, beef jerky is a
great snack option for
people who adhere to
low-sugar and low-carb
diets," said Robert Leary,
director of marketing
for Old Trapper. "And
now with our Zero Sugar
Beef Jerky, snackers
can enjoy all of the
great-tasting meaty
protein they crave with
even less carbohydrates
and no sugar, which
makes it a perfect snack
for everyone including
people on the keto plan."
The new jerky,
made from lean strips
of beef, seasoning and
wood-fired smoke,
comes in the brand's
signature clear packaging so consumers can
see the product when
purchasing.

For more news,
visit MEATPOULTRY.com

Wayne Farms; Old Trapper

Wayne Farms LLC, an established supplier
of chicken products to the foodservice
segment, announced the expansion of its
retail products with the availability of the
Chef's Craft line of fully cooked chicken
at Walmart stores throughout the country
beginning in September.
The new line supplements its Naked
Truth Premium Chicken that was initially
sold at warehouse stores and now are
available at Harris Teeter and Whole
Foods Markets in addition to being sold
to foodservice customers. Like the Naked
Truth products, the Chef's Craft products
are cooked using sous vide technology
and are flame grilled. The products
are sourced from chicken raised on
vegetarian feed and without antibiotics
and they are free of gluten, nitrates,
preservatives and artificial ingredients.

Old Trapper
launches
zero-sugar
beef jerky


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Meat+Poultry - August 2020

Table of Contents for the Digital Edition of Meat+Poultry - August 2020

Meat+Poultry - August 2020 - 1
Meat+Poultry - August 2020 - 1
Meat+Poultry - August 2020 - 2
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Meat+Poultry - August 2020 - VDG - 1
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https://digital.meatpoultry.com/sosland/mp/meatpoultry-october-2021
https://digital.meatpoultry.com/sosland/mp/special-supplement-ground-meat-trends-technology-october-2021
https://digital.meatpoultry.com/sosland/mp/meatpoultry-september-2021
https://digital.meatpoultry.com/sosland/mp/meatpoultry-august-2021
https://digital.meatpoultry.com/sosland/mp/meatpoultry-july-2021
https://digital.meatpoultry.com/sosland/mp/meatpoultry-june-2021
https://digital.meatpoultry.com/sosland/mp/meatpoultry-may-2021
https://digital.meatpoultry.com/sosland/mp/special-supplement-meat-alternatives-may-2021
https://digital.meatpoultry.com/sosland/mp/meatpoultry-april-2021
https://digital.meatpoultry.com/sosland/mp/meatpoultry-march-2021
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