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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

Google Sales Miss Reignites AI Fears, Microsoft Eyes $25B Debt Offering

Bloomberg’s Ed Ludlow breaks down Alphabet’s weak search and ad sales which raised new fears that AI is eating into Google’s core business and caused a record market cap wipeout. Plus, Bloomberg reports Microsoft is looking to tap the bond market for the first time since 2017, seeking at least $25 billion to support spending…

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Bloomberg’s Ed Ludlow breaks down Alphabet’s weak search and ad sales which raised new fears that AI is eating into Google’s core business and caused a record market cap wipeout. Plus, Bloomberg reports Microsoft is looking to tap the bond market for the first time since 2017, seeking at least $25 billion to support spending as AI cloud growth soars. And, DoorDash makes a $17 billion bet on groceries with plans to buy Instacart.

00:00:00 – Bloomberg Tech Begins
00:01:03 – Ryan Vlastelica on Alphabet Sinks Over AI Concerns
00:03:43 – Ayako Yoshioka, Wealth Enhancement Group on Microsoft & Alphabet
00:11:49 – Ryan Gould on Marvell & Lumentum
00:14:48 – Natalie Lung on DoorDash to Buy InstaCart
00:19:18 – Courtney Subramanian on AI Firms Lobbying Efforts
00:23:17 – Robert Schiffman on Microsoft Bond Sale
00:30:56 – Peter Elstrom on Samsung AI Spending
00:33:35 – Chris Urmson, Aurora CEO & Co-Founder on Driverless Trucks
00:40:45 – Matt Day on Amazon Earnings
——–
“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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Bloomberg Technology

Driverless Trucks Can Double Profits, Says Aurora CEO

Driverless trucking company Aurora is ramping up production and switching to a ‘driver-as-a-service model’ as it looks to reach profitability and meet demand. Aurora co-founder and CEO Chris Urmson discusses how the company is scaling and what he sees as a friendly regulatory environment amid a national truck-driving shortage. Urmson joins Ed Ludlow on “Bloomberg…

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Driverless trucking company Aurora is ramping up production and switching to a ‘driver-as-a-service model’ as it looks to reach profitability and meet demand. Aurora co-founder and CEO Chris Urmson discusses how the company is scaling and what he sees as a friendly regulatory environment amid a national truck-driving shortage. Urmson joins Ed Ludlow on “Bloomberg Tech.”
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Microsoft Turns to Bond Market as AI Spending Grows

Microsoft is looking to raise at least $25 billion from its first US investment-grade bond offering in nearly a decade, according to people familiar with the matter. Bloomberg Intelligence’s Robert Schiffman discusses how this reinforces his view that AI spending will keep growing. He joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe…

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Microsoft is looking to raise at least $25 billion from its first US investment-grade bond offering in nearly a decade, according to people familiar with the matter. Bloomberg Intelligence’s Robert Schiffman discusses how this reinforces his view that AI spending will keep growing. He joins Ed Ludlow on “Bloomberg Tech.”
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