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Consolidation in Food Delivery Business Was Inevitable, Says DA Davidson Analyst

May.12 — Uber Technologies Inc. has made an offer to acquire Grubhub Inc., according to people familiar with the matter. DA Davidson Analyst Tom White discusses with Emily Chang on “Bloomberg Technology.”

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May.12 — Uber Technologies Inc. has made an offer to acquire Grubhub Inc., according to people familiar with the matter. DA Davidson Analyst Tom White discusses with Emily Chang on “Bloomberg Technology.”

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4 Comments

4 Comments

  1. PurplePeoplesParty

    May 12, 2020 at 9:52 pm

    Ordering- in is great. People ate out more than cooked at home before the pandemic. Ordering- in in the next best thing. Going out to the food store isn’t top on peoples lists. Ordering- in has a solid future.

  2. Milon Miah

    May 12, 2020 at 9:54 pm

    Temporary habits for the consumer whilst in isolation / lockdown but the business model will not be profitable ever for restaurants drivers or investors stealing revenue at the worst time when restaurant owners needs their margins most I started the first uk delivery company in 2010 Takeaway Taxi our model is to charge the consumer

  3. Robert Taylor

    May 12, 2020 at 9:59 pm

    0:45
    hot-girls2020.com

  4. T

    May 12, 2020 at 10:43 pm

    No shit, everyone with a regular IQ could tell after the news broke and an unprofitable business model is “sound”?

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Bloomberg Technology

Rocket Explosion Deals Blow to Blue Origin’s Space Ambitions

Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the…

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Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the explosion and described it as “a very rough day” in a post on X. Bloomberg Intelligence analyst Matt Bloxham joined Caroline Hepker to discuss the implications.
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SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026

Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street…

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Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street estimates.

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Anthropic Valuation of $965 Billion Passes OpenAI

Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.”
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