3 ms·
I don't understand this... Lift and Grab aren't doing so bad. Also, things are opening back up again. Even their quarterly results looked very bad, it was alrea
by sytelus 6y ago
I don't understand this... Lift and Grab aren't doing so bad. Also, things are opening back up again. Even their quarterly results looked very bad, it was already priced in and so no benefit there. This reduced focus basically just translates to much lower ambition and not a good thing for long term valuation. On the other hand money is super cheap. They could double on debt if they want to. I'm not sure what this layoff buys them anything except injuring their future prospects.