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Podcast: Triple Compounding with Kiana Danial
Episode: Uber Stock Analysis on Grubhub Acquisition 2020
Description: Is the Uber stock a good investment for your portfolio?
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Uber Technologies is looking to acquire its food delivery rival, Grub-hub. This comes after the $2.9B loss for Uber as its ride-hail business dropped 80%. On the bright side, Uber Eats soared 54% as more people looked for food delivery while on Coronavirus lockdown. But around two-thirds of Uber's quarterly loss was caused by its tanking investments in Asian ride services Didi and Grab. Now Uber wants to expand on what made it the...