GrubHub Got Away, But There Are Other Opportunities to Consider

Uber (UBER) might have missed out on the highly-publicized GRUB acquisition, but there are other opportunities for the ride sharing pioneer.

So believes BTIG analyst Jake Fuller, who highlights three different strategies that “could collectively be worth ~$600 million to annual EBITDA (coincidentally in line with the synergy projected with a GRUB combination).”

Fuller’s first suggestion relates to deconsolidation – basically, the removal of a subsidiary off the balance sheet. Fuller thinks Uber is willing to consider the deconsolidation of its losing self-driving car business, ATG (advanced technologies group). With an 80% stake in a business expected to report a “$400 million-plus annual loss,” wiping it off the balance sheet would require Uber to “solicit additional investment.”

“ATG would need ~$2.6 billion of new capital (UBER bearing all of the dilution) to drop ownership below 50% and deconsolidate. Given the size of the investment required, it’s unlikely

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Latest Craze or Long-Term Growth Opportunities?

During the beginning stages of the Covid-19 pandemic, office workers and most other employees who were able to work from home shifted to remote operations. At first, these measures were expected to be temporary. However, as it has become clearer that the virus is here to stay (much like the 1918 flu), a growing number of jobs are shifting to more permanent at-home positions.

One reason for this may be to reduce the spread of the virus, but the work-from-home industry is gaining another unlooked-for boost from this trend: more people are discovering that their teams work more quickly and efficiently from home than they ever did in an office. Instead of commuting and travelling longer distances to meet some clients and business partners, employees and executives alike can now spend that time either working or relaxing, both of which increase the efficiency of their work far more that sitting

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Verdemed Is Unlocking Opportunities In Latin America’s Cannabis Market

Don’t miss this opportunity to connect with THE cannabis movers and shakers from across the globe during Benzinga’s first Virtual Cannabis Capital Conference on June 1. Among the attendees is Verdemed.
 
Verdemed, a Canadian pharmaceutical cannabis company, is on a mission to bring medicinal cannabis to Latin America.
 
As the studies on the effects of medicinal cannabis continue to grow, it’s benefits are becoming more well-known. Verdemed works to make these pharmaceuticals more accessible to other parts of the world, specifically Latin America.
 
Verdemed’s Managing Director, Fabio Lampu Gnani, and its Head of Legal Affairs, Werner Buff, will be speaking at Benzinga’s upcoming Virtual Cannabis Conference.
 
The pair will be presenting an overview of the company along with an investment opportunity for attendees. 
 
“Latina American market is an uneven and heterogeneous landscape, where some countries already regulated medicinal and pharmaceutical cannabis and some others are at an inflection point

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This one-year subscription grants you unlimited access to a platform that will help you browse and apply to thousands of remote work-from-home jobs, and you’ll never have to leave the comfort of your sofa.

With over 30,000 hand-screened remote jobs spanning categories ranging from accounting and business development to communications and project management, FlexJobs will act as your one-stop job-hunting resource from now on.

Whether you’re currently unemployed or looking to make a change, this platform comes with a variety of tools and powerful search functions that will help you research open opportunities, match your unique interests with the best positions available, apply directly to open positions, and more.

You’ll also have access to staff-written job summaries, company descriptions, information on the company headquarters, and other useful data that you can use to narrow your search. Plus, new opportunities are added on a regular basis.

Embrace the new work-from-home reality

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