• Breakingviews: Uber's Recipe for Profitability Could Start With Buying Deliveroo

    2 monthes ago - By NY Times

    The best way for the ride hailing giant to make money from food delivery in Europe may be to acquire one of its rivals there.
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  • 10 things you need to know before the opening bell

    10 things you need to know before the opening bell

    2 monthes ago - By Business Insider

    Here is what you need to know.
    Uber is reportedly in early talks to buy Deliveroo. The London-based food-delivery-startup Deliveroo would not be interested in selling for any price that's not "considerably higher" than its current $2 billion valuation, Bloomberg says.
    The brains behind a fund that's crushing the market this year share 3 stocks driving their outstanding gains. Two of the fund managers at Neuberger Berman's Small Cap Growth Fund - which has appreciated by 28% this year and is far outperforming its peers - tell Business Insider about their strategy and some of their top stock...
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  • Uber May Be Making a Big Buy in the Food Delivery Business

    2 monthes ago - By Fortune

    The meal-delivery world may be consolidating.
    Uber Technologies Inc. is negotiating to purchase of meal-delivery service Deliveroo, reports Bloomberg. Uber already has its own meal-delivery service-Uber Eats-that competes with Deliveroo. Uber Eats is expecting $6 billion in revenue this year.
    Deliveroo was last valued at more than $2 billion, while Uber sold a stake to Softbank sftby in 2017 that valued the whole company at $72 billion according to a February court settlement. Uber is planning an IPO for late 2019 .
    Neither company replied to Bloomberg's request for comments on the size of...
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  • Uber reportedly in talks to buy food delivery service Deliveroo

    Uber reportedly in talks to buy food delivery service Deliveroo

    2 monthes ago - By Venture Beat

    Ride-hailing company Uber Technologies is in early talks to buy food delivery company Deliveroo, Bloomberg reported on Thursday, citing people familiar with the matter. The value of the deal is not known, Bloomberg reported, adding that the offer would need to be considerably above Deliveroo's latest valuation. London-based Delive...
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