DoorDash to Buy Finland Food-Delivery Startup in Deal Valued Above $8B

wsj.com

9 pointskettunen3 comments

More money to Finland than when Nokia sold phone production to Microsoft. Very strange, we do not comprehend. What is the valuable part in here, bicycles or backpacks?

Is there an end-game for the food delivery industry that doesn't involve investors, restaurants, and customers being fleeced? From what I can tell, consolidation and monopoly-seeking is the name of the game in a business where there's not enough margin to go around...

Once drones can deliver food from restaurants to customers, the government should step in and mandate some open standard (designed by an industry group) for apps to be able to aggregate all restaurants.

Consumers would be able to choose the app based on the quality of the user experience and what transaction fee they charge. Restaurants would own their own drones, or lease them, possibly competing on speed and payload size.

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