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DoorDash Joins Forces with Wolt

ir.doordash.com

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Re: DoorDash Joins Forces with Wolt

#151

Post by kaspern »

ren_engineer wrote: post #126
yosito wrote: post #79

Wolt fed me through the pandemic in Hungary. And it's easily one of the best food delivery apps I've used. The app itself is 4/5 stars. Reliable, but the search filters don't give enough control to users. But what really stood out about Wolt was their customer service. They have incredible response times, and always do everything in their power to resolve any issues. That's rare these days, and I hope it doesn't go a…

these gig economy type startups only work if a monopoly is established. Competition results in users being subsidized by venture capital, so the logical option for both parties is to join forces and basically create a cartel

This is clearly incorrect, there are three public food delivery companies in the USA alone (DoorDash, Uber, Grubhub)

Re: DoorDash Joins Forces with Wolt

#152

Post by d1sxeyes »

yosito wrote: post #79

Wolt fed me through the pandemic in Hungary. And it's easily one of the best food delivery apps I've used. The app itself is 4/5 stars. Reliable, but the search filters don't give enough control to users. But what really stood out about Wolt was their customer service. They have incredible response times, and always do everything in their power to resolve any issues. That's rare these days, and I hope it doesn't go a…

All they need to do is offer Szep card option and I'll be happy. Only reason I'm still using Netpincer.

Re: DoorDash Joins Forces with Wolt

#153

Post by tuukkah »

MomoXenosaga wrote: post #146
tuukkah wrote: post #77

Earlier quoted context omitted.

You can be happy when your companies are bought and you can invest in a new round of (local) startups.

Yes I'm sure there will be a startup rival for Google any day now...

I'm not sure what kind of argument you want to make: Wolt could've been the first GAFAM to come from outside of US? Finland (GDP $271 billion) should grow and host a business such as Google (revenue $183 billion)?

Re: DoorDash Joins Forces with Wolt

#154

Post by wwtrv »

kaspern wrote: post #151
ren_engineer wrote: post #126

Earlier quoted context omitted.

these gig economy type startups only work if a monopoly is established. Competition results in users being subsidized by venture capital, so the logical option for both parties is to join forces and basically create a cartel

This is clearly incorrect, there are three public food delivery companies in the USA alone (DoorDash, Uber, Grubhub)

Not one of those companies is profitable, so it seems it’s actually more correct than not..

Re: DoorDash Joins Forces with Wolt

#155

Post by wwtrv »

Strom wrote: post #73
cblconfederate wrote: post #62

Earlier quoted context omitted.

The EU has no say in this, Finland does.

The EU definitely has a say. It's true that Finland can choose to leave the EU, but it's disingenuous to say that EU doesn't have a say. However "having a say" goes even further, because Wolt operates also outside the EU. Any country it operates in will have a clear say. Even countries it doesn't operate in will have a say if they have leverage over any of the countries where Wolt operates in. So in this case, the US…

What mechanisms does the EU have to block and US company from buying another private company(in a non defence or vital infrastructure sector)?

Re: DoorDash Joins Forces with Wolt

#156

Post by NaughtyShiba »

nickkell wrote: post #98
NaughtyShiba wrote: post #29

Earlier quoted context omitted.

Wolt charges 3 euros for McD delivery, because McD refuses to pay 30% tax. It's end-user who pays Wolt tax, rather than restaurant.

Which tax are you referring to and in which country? Is this especially applied to deliveries?

Wolt takes 30% from order.

Re: DoorDash Joins Forces with Wolt

#157

Post by kakoni »

sampo wrote: post #135
kakoni wrote: post #125

Earlier quoted context omitted.

I believe most of the couriers have ”residence permit for an entrepreneur”. That means you get emergency care but thats about it. As your link states ” Jos olet tullut Suomeen tilapäisesti muualta kuin EU- tai Eta-maasta, Sveitsistä, Isosta-Britanniasta tai Pohjois-Irlannista, sinulla on oikeus vain kiireelliseen sairaanhoitoon. Hoidon kustannukset voidaan laskuttaa sinulta jälkikäteen. ”

> I believe most of the couriers have ”residence permit for an entrepreneur”. That means you get emergency care but thats about it. This is not true, for Finland. Residence permit for an entrepreneur [1] is still a residence permit. You get residency, home municipality, and everything that goes with it. [1] https://migri.fi/en/entrepreneur

Aah, so it seems. I stand corrected.

Re: DoorDash Joins Forces with Wolt

#158

Post by nebula8804 »

mihaic wrote: post #37
nebula8804 wrote: post #31

Earlier quoted context omitted.

>pension, payed vacation, and payed sick leave, which are required by law for all workers Wait do you mean that someone like a janitor has all these benefits?

I'm honestly not sure if you're sarcastic. These are all basic human rights in most developed countries, and even in many non-developed ones. At least in theory, regulations are designed primary for the people and not for better business at all costs.

I'm sorry I worded it wrong. You are right, a janitor is absolutely deserving of all these benefits. Its just that in the US we are so far away from that norm it is a shock to hear that even a position that is typically farmed out to the lowest bidders here in the states is completely covered with no strings. I just wanted to confirm if all jobs are covered as it was leading to additional questions in my mind such as how do smaller companies manage to pay for all these benefits for entry level positions? Is it covered by the state and the company just pays into a general tax?

Re: DoorDash Joins Forces with Wolt

#159

Post by nebula8804 »

Dobbs wrote: post #53
nebula8804 wrote: post #31

Earlier quoted context omitted.

>pension, payed vacation, and payed sick leave, which are required by law for all workers Wait do you mean that someone like a janitor has all these benefits?

Why wouldn't a janitor be deserving of these things? They work hard, their job is essential for the running of other businesses, and most of all they are humans too.

A janitor is absolutely deserving of all this. My wording was poor, I should have said something more along the lines of entry level worker. This is so far from the norm in the US that I was wondering how smaller companies manage to cover the costs of these benefits. I guess they pay a general tax and the government picks up the cost?

Re: DoorDash Joins Forces with Wolt

#160

Post by Strom »

wwtrv wrote: post #155
Strom wrote: post #73

Earlier quoted context omitted.

The EU definitely has a say. It's true that Finland can choose to leave the EU, but it's disingenuous to say that EU doesn't have a say. However "having a say" goes even further, because Wolt operates also outside the EU. Any country it operates in will have a clear say. Even countries it doesn't operate in will have a say if they have leverage over any of the countries where Wolt operates in. So in this case, the US…

What mechanisms does the EU have to block and US company from buying another private company(in a non defence or vital infrastructure sector)?

Depends on the specifics. In this case one of the two companies involved is headquartered in the EU, so the mechanisms are the same as if two EU companies were trying to buy eachother.

Now if we assume a more interesting situation where neither of the companies are headquartered in the EU, but still do business in the EU. Then the number of mechanisms shrinks, but not by much. The EU could just fine the companies out of existance for not complying. See examples of the EU fining Microsoft, Google, or Facebook. Not that they stopped existing, but it shows that the EU can successfully fine these companies. Another example more closely related to buying is ARM. ARM is owned by a Japanese company, and Nvidia (a US company) is seeking to buy it. Yet the EU is looking into whether they'll allow it. [1]

The fewest options are in the case where both companies are fully located outside the EU and do no business in the EU. However if some of their subcontractors are in the EU, then go back to the paragraph above. Now if these two companies are are fully, along with their full supply chain, outside of EU jurisdiction. Then the options get pretty slim. Most efficient mechanism probably being diplomatic talks. EU diplomats could ask a country that has jurisdiction (say the US) to block the sale, and in return the US would get some sweet gains elsewhere. Classic diplomatic bargaining.

--

[1] https://www.theverge.com/2021/10/27/22266504/nvidia-arm-deal...

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