*By Christian Smith*
On-demand delivery company Postmates is ready to go public by 2019, according to the company's SVP of Finance & Strategy Kristin Schaefer.
In fact, the company is even "ready today," she said Tuesday in an interview on Cheddar.
"If you look at the financials of the company today, it could be a public company."
Schaefer's comments came after the company announced it had raised $300 million in a new round of funding. The new capital puts Postmates's value at about $1.2 billion, according to a [report](http://fortune.com/2018/09/18/postmates-funding-unicorn/) by Fortune, making it among the latest start-ups to join the so-called unicorn club.
With its new funding, Schaefer said Postmates plans to increase its reach from half of U.S. households to 75 percent.
One key to Postmates's growth is its subscription service "Postmates Unlimited," which eliminates delivery fees on orders over $20 for a fee of $10 a month, a rate that drops to $8 if customers pay for the full year at once.
The Unlimited service currently makes up one in every three orders for the company, but Schaefer expects that to climb, especially as it invests its new capital in the program.
"We haven't done a ton of broad-based marketing around it, but we're seeing incredibly fast adoption from our existing customer base," she said.
"You will see us this year, adding additional benefits and continuing to market around it so more consumers know it's available."
For full interview [click here](https://cheddar.com/videos/postmates-announces-300-million-funding-round).
The holiday season is here and it could be a stressful time as people plan shopping, cooking and traveling. Sally Holmes, editor-in-chief of InStyle Magazine, joined Cheddar News to discuss a new social media trend #Treatculture that helps people take a moment to treat themselves and how that is a psychological benefit to relieve stress.
English Wikipedia raked in more than 84 billion views this year, according to numbers released Tuesday by the Wikimedia Foundation, the non-profit behind the free, publicly edited online encyclopedia. And the most popular article was about ChatGPT (yes, the AI chatbot that’s seemingly everywhere today).
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