So, Uber just announced that it will acquire the food delivery startup Postmates for $2.6 billion, in an all-stock deal. That means that Uber won’t be spending any cash on this deal, but instead will be paying the postmates shareholders with its uber shares. How does it work, simple, instead of getting cash for their shares, postmates shareholders get paid by receiving shares in Uber. How many shares? About 5.2%. This means that former postmates shareholder will now hold 5.2% of Uber, while postmates will become a wholly owned subsidiary of Uber. First question, where did the 5.2% came from? Its quite simple. Uber is a public company with a value of 50.3B while postmates is valued at 2.6B, which means that 2.6/50.3 will equal about 5.2%. The second question is WHY? Why did Uber pull the trigger on this deal. Stay tuned to find out why Uber purchased Postmates and how this deal will change the food delivery market.
By Stock Chat
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Ever since Uber bought Postmates, the prices on Postmates have been skyrocketing, typical corporate greed.
uber eats horrifically sucks compared to postmates, ubers BS about payouts is impossible to get paid immediately.everyone is quitting uber so soon they will fail hard and im glad they are not connected to the real people that drive for them dont invest in uber they will crash and burn very soon!!!!!!!!!
Bruh your a capitalist pig. HOW IN ANY WAY AT ALL IS BUYING OUT COMPETITION A GOOD THING?! that just makes sure there’s not a diverse market for the consumer to pick from AND it’s making it impossible for ma and pop businesses to get into the same industries. Wall Street bought out main street and now there’s a homelessness crisis and poverty beyond out of control. Open your eyes. Instead of money enriching the communities the businesses are in, it all gets funneled into a singular zip code and often times a singular person as well. Capitalism is a pyramid scheme.
autonomy might be struggle, hear Elon wouldnt licence out tech to them if he brought market
Love your stuff . . . but autonomous vehicles coming online in the near future is a heck of an assumption when university researchers from MIT are saying that this is very unlikely anytime in the next decade
If uber pay in all stock deal, basically they don't see any value in their own shares.
Postmates did a Dan Pena call to Uber n said give me my money
What about doordash are they thinking to buy doordash
Sent here by Andre (ASD).
Great video
Hey Tom I actually enjoyed this video. Why don't you stick to videos like this and stop criticizing people who are making money honestly. So what that they are fake gurus leave them alone let them make their money. I hate critics however this video tells me you're intelligent and can make it complicated subject very simple. Keep up the good work and do these type of videos
2nd point. Genius.
Uber destroyed taxi industries. Now uber wanna destroy delivery industries.
Nice analysis Tom ✅✅✅ Uber needed this…
Great video Tom
As Always,On Point!! Solid vid ,Nash is Cash!!!When are your courses coming out and the reality show and when do you start breakdancing,lol sorry just had to!!!my bad!!
somebody is going to get rich how about tom nash
From a consumer standpoint, I don't like Postmates' & Uber's services overall, so I hope it gets better with the partnership. We're staying with Lyft (does it even still exist?), GrubHub & & DoorDash for now.
Good stuff. (Interesting) 8 minutes to the next one.. is this the last today? 🤔😂
Big moves here!