Square can't find a buyer for its meal delivery service, Caviar.
That's according to a new report out from Bloomberg's Eric Newcomer and Selina Wang, which claims that Square has approached potential buyers like Uber, GrubHub, and Yelp, but couldn't find a buyer willing to pay the asking price, which Bloomberg reports was $100 million.
According the Bloomberg, the talks first began toward the end of 2015 and early 2016 after Square received inbound interest in Caviar.
Yelp Inc.'s stock plummeted Thursday following a report that the consumer-review company had put off plans to find a buyer.
May 13 -- Apple is investing $1B into China's Uber rival, Didi. It is the largest single payment that the ride hailing service has ever received. Bloomberg's Selina Wang reports on "Asia Edge."
Eric Newcommer and Selina Wang, reporting for Bloomberg: Uber Technologies Inc. is selling its China operations to fierce rival Didi Chuxing, ending an expensive price war and freeing it up to focus on other markets and possibly an ...
That rumor Lyft was trying to sell itself to the highest bidder? All nonsense perpetrated by Uber, says Lyft. Speaking to Business Insider, Lyft president John Zimmer said “Lyft is not seeking a buyer,” and that it was approached — ...