
Uber's $2.25 Billion Transplace Acquisition Reinvented Uber Freight
Uber Freight wasn't failing because it lacked technology. It was failing because it lacked enterprise relationships.
In this episode of Deal Alchemist, we break down Uber's $2.25 billion acquisition of Transplace and explain why the deal fundamentally changed Uber Freight's business model.
Before the acquisition, Uber Freight relied heavily on the volatile spot freight market. By acquiring Transplace, Uber gained more than $20 billion in freight under management, a leading transportation management system (TMS), and long-term enterprise customer relationships that transformed the business…
The skinny
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