Food Outside Expensive? Will Restaurants be more investable?
@MaverickWealthBuilder:
Since the outbreak of the pandemic, there have been some changes in the dining-out landscape in North America. On one hand, food delivery has become widely popular and related businesses have changed consumer habits to some extent. On the other hand, inflation has affected all aspects of life, leading to an increase in dining-out costs. Food delivery services that emerged during the pandemic have changed consumer behavior and their companies' performance continues to improve. $Uber(UBER)$ Uber's food delivery business had a booking volume of $14.315 billion USD in Q4 2022, exceeding $13 billion USD for five consecutive quarters and achieving profitability (EBITDA profit margin returning positive). Although its year-on-year growth rate is not as h