Equity podcast: Uber’s losing billions, Amazon lays off hundreds and for some reason Instacart gets more money

Equity podcast: Uber’s dropping billions, Amazon lays off hundreds and somehow Instacart gets more money

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Thank you for visiting “Equity,” TechCrunch’s capital raising and tech business podcast.

About this week, we were joined by Mike Ghaffary from personal Capital, who had been the most perfect guest because he accustomed run Eat24, with regards to had been Yelp’s meals delivery business. Food distribution is highly relevant to this week’s development.

Initially up, we talked about Uber, that will be losing serious money in Asia and from Uber consumes. It could be profitable if it wants to, states Uber’s main, but it doesn’t would you like to as the business is purchasing development. Okay!

Next, we discussed Instacart and exactly how for some reason investors are tossing much more money at company. The food distribution application has become well worth over $4 billion, on paper anyway.

And of course there’s Amazon, which appears like it’s winning at every little thing, but hundreds of individuals within business continue to be dropping their jobs. Ouch.

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Published at Fri, 16 Feb 2018 14:10:57 +0000