Uber shares closed down more than 10% on Thursday, suggesting investors view Grubhub’s agreement to be acquired by Netherlands-based Just Eat Takeaway as a lost opportunity for the ride-hailing giant. In the end, Uber could be all the better for it.
In a statement following Grubhub’s merger announcement, Uber said that while the food industry is in need of consolidation, the company isn’t interested “in doing any deal, at any price, with any player.” A reading between the lines indicates that Uber may have soured on Grubhub...
heard Fuck all of those companies.
heard INVEST IN HIGHER PRODUCTIVITY ENTITIES BUSINESS OF NECESSITIES, CONSUMER COMFORTS GOODS AND EARNING PROFITS ONLY. MAY NOT BE BETTER FUTURE FOR LUXURY GOODS, VEHICLES,SERVICES. FUTURE IS FOR COST REDUCTION, MAY NOT BE POSSIBLE TO INCREASE SALES. ADOPT LESS BORROWING, MORE CAPITAL.
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