- Last month, all food delivery and grocery delivery stocks have experienced a significant decline in stock prices.
- The Information reported that Amazon is supposedly set to significantly ramp up investments in the grocery-delivery market.
- It is a way for Amazon to achieve once again what it has always aspired to do: raise the bar of customer experience.
- DoorDash, Uber, and Deliveroo have all become significantly riskier investments.
- I actually believe this news is a positive for Just Eat Takeaway shareholders.
For further details see:
Amazon Is Ramping Up Grocery Delivery: Consequences For DoorDash, Uber And Just Eat Takeaway