Uber is buying the rest of grocery delivery start-up Cornershop

cnbc2021-06-21

KEY POINTS Uber is acquiring the remaining interest in grocery delivery start-up Cornershop. The deal comes nearly two years after the rideshare giant took a majority stake in Cornershop for an ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

MrInvestor
2021-06-22
MrInvestor
Any effect on the market?
JKGan
2021-06-22
JKGan
Ok
- YCLim:
  Good
- YCLim:
  nice
- EugeneLimYC:
  Ok
- WarSlasher:
  pro
- EugeneLimYC:
  Ok
Jasonc13
2021-06-22
Jasonc13
Great[強]
Black83black
2021-06-22
Black83black
Where is grab? Lol
ty91
2021-06-22
ty91
Like please
JLtc
2021-06-22
JLtc
Ok

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1196408010?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-21 22:34","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1196408010","market":"us","top_or_hot":-1,"title":"Uber is buying the rest of grocery delivery start-up Cornershop","media":"cnbc","content":"<div>\n<p>KEY POINTS\n\nUber is acquiring the remaining interest in grocery delivery start-up Cornershop.\nThe deal comes nearly two years after the rideshare giant took a majority stake in Cornershop for an ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/uber-acquiring-remaining-stake-in-grocery-delivery-start-up-cornershop.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uber is buying the rest of grocery delivery start-up Cornershop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUber is buying the rest of grocery delivery start-up Cornershop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 22:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/21/uber-acquiring-remaining-stake-in-grocery-delivery-start-up-cornershop.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nUber is acquiring the remaining interest in grocery delivery start-up Cornershop.\nThe deal comes nearly two years after the rideshare giant took a majority stake in Cornershop for an ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/21/uber-acquiring-remaining-stake-in-grocery-delivery-start-up-cornershop.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UBER","symbol_name":"优步","start_time":0,"source_url":"https://www.cnbc.com/2021/06/21/uber-acquiring-remaining-stake-in-grocery-delivery-start-up-cornershop.html","article_id":"1196408010","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/21/uber-acquiring-remaining-stake-in-grocery-delivery-start-up-cornershop.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1196408010","pubTimestamp":1624286042,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"KEY POINTS\n\nUber is acquiring the remaining interest in grocery delivery start-up Cornershop.\nThe de","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UBER":"优步"},"translate_title":"优步正在收购杂货配送初创公司Cornershop的其余部分","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UBER":0.9},"content_text":"KEY POINTS\n\nUber is acquiring the remaining interest in grocery delivery start-up Cornershop.\nThe deal comes nearly two years after the rideshare giant took a majority stake in Cornershop for an undisclosed sum.\nUber has been pushing itself beyond ride-hailing, and has seen strength in its Uber Eats business due to the Covid-19 pandemic.\n\nUberisacquiring the remaining 47% interestin grocery delivery start-up Cornershop in an all-stock transaction, the company said Monday. The acquisition shows how Uber is investing more outside its core ride-hailing business, which has so far failed to prove profitable.\nShares of Uber were up about 0.66% before markets opened on Monday.\nThe deal comes nearly two years after Uber bought amajority stakein Cornershop for an undisclosed sum. Cornershop currently operates in the U.S., Peru, Brazil, Colombia and Canada.\n“Uber already owns ~50% of Cornershop and we’ve seen how working together can deliver great results, like our joint 2020 launch of Brazil, where in no time we became a leading player. But to truly unlock the full potential of this partnership, we need to operate as one company,” Oskar Hjertonsson, founder and CEO of Cornershop, said in a tweet.\nThe deal is expected to close in July.\nUber has focused its acquisition efforts on its Eats segment during the coronavirus pandemic. Uber acquired Postmates last July after it failed to buy food delivery service GrubHub. It also acquiredalcohol-delivery service Drizlyin February.\nUber has offloaded some of its more cost-eating transportation segments. The company last year transferred its electric bike and scooter business, Jump, to Lime. Uber also sold its self-driving unit, Advanced Technologies Group, to its start-up competitor Aurora Innovation. It also offloaded its flying taxi business, Uber Elevate.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":120827361,"gmtCreate":1624319516053,"gmtModify":1703833215495,"author":{"id":"3586672191897597","authorId":"3586672191897597","name":"MrInvestor","avatar":"https://static.tigerbbs.com/40974a38cd623c0089adf8fd12d91591","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586672191897597","authorIdStr":"3586672191897597"},"htmlText":"Any effect on the market?","listText":"Any effect on the market?","text":"Any effect on the market?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120827361","repostId":1196408010,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120143218,"gmtCreate":1624316965734,"gmtModify":1703833092758,"author":{"id":"3577494759333904","authorId":"3577494759333904","name":"JKGan","avatar":"https://static.tigerbbs.com/918b0f86622cedc2f23e00ebe3ce6924","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3577494759333904","authorIdStr":"3577494759333904"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":7,"commentSize":22,"repostSize":0,"link":"https://ttm.financial/post/120143218","repostId":1196408010,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5758760,"gmtCreate":1630816634751,"gmtModify":1663233413551,"authorId":3570854002442844,"author":{"id":3570854002442844,"idStr":"3570854002442844","authorId":3570854002442844,"name":"YCLim","avatar":"https://community-static.tradeup.com/news/f8f1fe40879e998d6b05894eec399e51","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.78%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120143218,"type":1,"supId":0,"prevId":0,"content":"<u>Good</u>","text":"<u>Good</u>","html":"<u>Good</u>"},{"id":5323269,"gmtCreate":1627195186785,"gmtModify":1663231460247,"authorId":3570854002442844,"author":{"id":3570854002442844,"idStr":"3570854002442844","authorId":3570854002442844,"name":"YCLim","avatar":"https://community-static.tradeup.com/news/f8f1fe40879e998d6b05894eec399e51","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.78%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120143218,"type":1,"supId":0,"prevId":0,"content":"<u>nice</u>","text":"<u>nice</u>","html":"<u>nice</u>"},{"id":5287165,"gmtCreate":1626908849130,"gmtModify":1663231285854,"authorId":3576887048218286,"author":{"id":3576887048218286,"idStr":"3576887048218286","authorId":3576887048218286,"name":"EugeneLimYC","avatar":"https://static.tigerbbs.com/973b9eb2ea1dc6b52fa8728190af3ffb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120143218,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5247658,"gmtCreate":1626507777718,"gmtModify":1663231097042,"authorId":3575195102402470,"author":{"id":3575195102402470,"idStr":"3575195102402470","authorId":3575195102402470,"name":"WarSlasher","avatar":"https://static.tigerbbs.com/0c98b196bb3a5da8bb25c9d45e23a4ce","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120143218,"type":1,"supId":0,"prevId":0,"content":"pro","text":"pro","html":"pro"},{"id":5064350,"gmtCreate":1624942463599,"gmtModify":1663230255147,"authorId":3576887048218286,"author":{"id":3576887048218286,"idStr":"3576887048218286","authorId":3576887048218286,"name":"EugeneLimYC","avatar":"https://static.tigerbbs.com/973b9eb2ea1dc6b52fa8728190af3ffb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":120143218,"type":1,"supId":0,"prevId":0,"content":"Ok ","text":"Ok ","html":"Ok "}],"langContent":"EN"},{"id":120153026,"gmtCreate":1624316550065,"gmtModify":1703833076875,"author":{"id":"3565682207192149","authorId":"3565682207192149","name":"Jasonc13","avatar":"https://static.tigerbbs.com/170ea48cdc1622abfe44158c22dcf8ca","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3565682207192149","authorIdStr":"3565682207192149"},"htmlText":"Great[強]&nbsp;","listText":"Great[強]&nbsp;","text":"Great[強]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120153026","repostId":1196408010,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":120129912,"gmtCreate":1624316057536,"gmtModify":1703833060818,"author":{"id":"3576542985729070","authorId":"3576542985729070","name":"Black83black","avatar":"https://community-static.tradeup.com/news/dc5940f5fefb9966b35345e7dd1aa9b8","vip":1,"hat":"https://static.tigerbbs.com/6444b4970948c1077534c593eccd6d16","crmLevel":7,"crmLevelSwitch":1,"idStr":"3576542985729070","authorIdStr":"3576542985729070"},"htmlText":"Where is grab? Lol","listText":"Where is grab? Lol","text":"Where is grab? Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120129912","repostId":1196408010,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120185995,"gmtCreate":1624315259217,"gmtModify":1703833041121,"author":{"id":"3579421475844844","authorId":"3579421475844844","name":"ty91","avatar":"https://static.tigerbbs.com/6d9451c5894d6ca0b4485bad0568f720","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3579421475844844","authorIdStr":"3579421475844844"},"htmlText":"Like please&nbsp;","listText":"Like please&nbsp;","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120185995","repostId":1196408010,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":120119214,"gmtCreate":1624313999338,"gmtModify":1703833019471,"author":{"id":"3584187967333339","authorId":"3584187967333339","name":"JLtc","avatar":"https://static.tigerbbs.com/00fdb06d0ccf6453762f8a373d9ecbe9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584187967333339","authorIdStr":"3584187967333339"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120119214","repostId":1196408010,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":98,"commentSize":32,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1196408010"}