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It's been an M&A company for years now. Just look at its portfolio of ownerships in competing local leaders like Didi, Yandex and Grab. It's a perfect food deli
by Jommi 6y ago
It's been an M&A company for years now. Just look at its portfolio of ownerships in competing local leaders like Didi, Yandex and Grab. It's a perfect food delivery ride hailing super app investment fund!
- rswail 6y agoDidi and Grab weren't M&A to Uber, Uber in their cities/countries were acquired by Didi/Grab via stock.
- Jommi 6y agoHow is that different? You could just rephrase what you said to say: Uber purchased non-trivial shareholder positions in their global competitors. For example the case in Russia was a quite literally a merger. Uber and Yandex made a joint venture, which operates in Russia and some former eastern bloc countries.