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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

President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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00:00:00 – Bloomberg Tech Begins
00:01:12 – Ian King & Mandeep Singh, Bloomberg News
00:05:57 – Ankur Crawford, Alger
00:12:15 – Brian Schimpf, Anduril
00:20:57 – Matt Day, Bloomberg News
00:23:48 – Michael Regan, Bloomberg News
00:25:56 – Matthew Witheiler, Wellington Management
00:32:23 – Chris Pavolvski, Rumble CEO
00:37:18 – Dana Wollam, Bloomberg News
00:39:49 – Felix Gillette, Bloomberg News
00:41:42 – Randall Williams, Bloomberg News
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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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Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut

SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private…

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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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