*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).
Tyson Foods is recalling about 30,000 of its dino-shaped chicken nuggets after some consumers reported finding small metal pieces in those nuggets.
Google on Monday will try to protect a lucrative piece of its internet empire at the same time it’s still entangled in the biggest U.S. antitrust trial in a quarter century.
Before the SAG-AFTRA strike, this was the weekend “Dune: Part Two” was supposed to open. When Warner Bros. and Legendary pushed that opening back to March 2024 and no other blockbuster stepped in to take its spot.
A growing number of Californians are planting agave to be harvested forz use in spirits. The trend is fueled by the need to find hardy crops that don’t need much water and a booming appetite for premium alcoholic beverages.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we highlight Paramount, Maersk, Starbucks, Uber, Lyft and Beyond Meat.
With Donald Trump due on the witness stand next week, testimony from his adult sons in his civil business fraud trial wrapped up Friday with Eric Trump saying he relied completely on accountants and lawyers to assure the accuracy of financial documents key to the case.
DraftKings reported better-than-expected revenue in the third quarter.
Wallet Hub released a list of the 10 states with the highest median monthly student loan payments.
Oil and gas giant BP will purchase electric vehicle chargers from Tesla for $100 million.
Reports say olive oil prices have jumped 75% since January of 2021.
