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Abu Dhabi Bets on Food Delivery Boom with Investment in Glovo
- 3dprintscanner 7y agoI wonder whether this constitutes a golden age of wealth transfer from oil states to the average persons pocket. Food delivery is notoriously difficult to make any money in with few market players able to turn anything resembling a profit in this area, however consumers get to enjoy effectively subsidised services at a great discount. This surely has to come crashing down when interest rates rise.