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It depends how you view McDonald's. If you think it's the biggest employer of burger flippers in the world, then you're probably right... Seems like a weird fit
by anonu 8y ago
It depends how you view McDonald's. If you think it's the biggest employer of burger flippers in the world, then you're probably right... Seems like a weird fit.
But if you think of them as experts in agriculture, farming, supply chain and logistics, kitchen automation, marketing, global scale business build out... Then I could see how an acquisition like this could be synergistic.
Don't forget that the Trump tax cuts have provided big companies with a windfall. They have way more free cash flow than they did just 2 years ago. So they also are desperate to find new ways to deploy cash.
- PeterisP 8y agoThe world's biggest employer of burger flippers also has a clear economic interest in developing tech that'll be the world's biggest unemployer of burger flippers. McDonalds is heavily investing into automation for the ordering process; and as soon as it becomes technically practical and reliable enough, they're going to want to automate even more.