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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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How Much Higher Can US Tech Stocks Go?

Principal Asset Management Chief Global Strategist Seema Shah joins Caroline Hyde and Ed Ludlow to discuss her outlook for tech markets, why she believes tech is a long-term play, and why every company should embrace AI. She speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest…

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Principal Asset Management Chief Global Strategist Seema Shah joins Caroline Hyde and Ed Ludlow to discuss her outlook for tech markets, why she believes tech is a long-term play, and why every company should embrace AI. She speaks on “Bloomberg Technology.”
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Perplexity CEO on New Advisory Board, Future of Search

Perplexity CEO Aravind Srinivas joins Caroline Hyde and Ed Ludlow to discuss the company’s brand new advisory board to provide expertise on Perplexity’s future search and AI capabilities, product development, and business expansion. He also discusses competition with Google’s AI search capabilities and his outlook for the company on “Bloomberg Technology.” ——– Like this video?…

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Perplexity CEO Aravind Srinivas joins Caroline Hyde and Ed Ludlow to discuss the company’s brand new advisory board to provide expertise on Perplexity’s future search and AI capabilities, product development, and business expansion. He also discusses competition with Google’s AI search capabilities and his outlook for the company on “Bloomberg Technology.”
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Frank McCourt Preps US TikTok Bid, Google’s New AI Moves | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down real estate mogul Frank McCourt’s plans to build a consortium to bid for social media app TikTok’s US business. Plus, a look at the takeaways from Google’s annual I/O developers conference and OpenAI’s Chief Scientist who played a key role in Sam Altman’s ouster is departing the…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down real estate mogul Frank McCourt’s plans to build a consortium to bid for social media app TikTok’s US business. Plus, a look at the takeaways from Google’s annual I/O developers conference and OpenAI’s Chief Scientist who played a key role in Sam Altman’s ouster is departing the company.
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