Uber Technologies Inc. and Grubhub Inc. continued their merger discussions over the weekend, with the companies’ chief executives trying to hash out the price of a deal that would reshape the meal-delivery business.
Grubhub Chief Executive Matt Maloney spoke to Uber Chief Dara Khosrowshahi Sunday and indicated that Uber’s latest offer of 1.9 of its shares for each Grubhub share is too low, according to people familiar with the matter. Mr. Khosrowshahi said he might be able increase the offer to 1.925 Uber shares, but that...
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In Turkey, a citizen named Yusuf Bilge Tunç disappeared. The government and other political parties are not helping the family of the person accused of being Gulenist.
Seems to make sense
So uber just laid off thousands of emoloyess so they could make an offer for grub hub? I will never use either service again!
The best thing to do with a business is sell it. The Grubhub creators will sell for money that will set them for life, while leaving Uber to manage the inevitable decline when something better comes along. Amazing.
Monopoly money moves
If McDonald's joins the talks, they could call it...
May also add food panda!
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Will Uber Eat Grubhub?Plus the threat to day care and some unanswered questions from Slate Money’s Facebook Live event.
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U.S. Senator Klobuchar blasts Uber, Grubhub deal talksU.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal bad for competition and consumers. Now we’ll have to call it GrüberHüber. I choose not to use either service. How does the merger impact me? Spoken by a truly WOKE democrat... who doesn’t know shit and doesn’t even know how she is woke.... lol GrubHub, UberEats.... their LOSING money ONLY during COVID19, I suspect, are they managing to BARELY turn a profit
Source: Reuters - 🏆 2. / 97 Read more »
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Your Next Uber Ride Could Be Very Different With A Masked Driver, Open Windows, And Plastic ScreensI am a breaking news reporter for Forbes in London, covering Europe and the U.S. Previously I was a news reporter for HuffPost UK, the Press Association and a night reporter at the Guardian. I studied Social Anthropology at the London School of Economics, where I was a writer and editor for one of the university’s global affairs magazines, the London Globalist. That led me to Goldsmiths, University of London, where I completed my M.A. in Journalism. Got a story? Get in touch at isabel.togohforbes.com, or follow me on Twitter bissieness. I look forward to hearing from you. my body my choice huh I drive for uber and I’m not wearing a face mask Passengers should wear them too.
Source: Forbes - 🏆 394. / 53 Read more »
U.S. Senator Klobuchar blasts Uber, Grubhub deal talksU.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal bad for competition and consumers. Now we’ll have to call it GrüberHüber. I choose not to use either service. How does the merger impact me? Spoken by a truly WOKE democrat... who doesn’t know shit and doesn’t even know how she is woke.... lol GrubHub, UberEats.... their LOSING money ONLY during COVID19, I suspect, are they managing to BARELY turn a profit
Source: Reuters - 🏆 2. / 97 Read more »