71–80 of 166 posts
Earlier quoted context omitted.
And at least in Finland Doordash really isn't a competitor, so there isn't even monopoly issues.
Finland is historically not especially concerned with monopoly issues in any case. Nearly the entire retail sector is controlled by only two companies.
Earlier quoted context omitted.
Classic short-term fallacy. Yes, you get more net payout as a "contractor" - but you don't get paid sick leave or pension contributions unless you care for these on your own. This is why this model is very frowned upon by European societies as it inevitably leaves taxpayers to pick up the tab in the form of basic social security.
Maybe. But remember that the employees themselves voted on this. This was done by an independent auditor.
It would be ridiculously easy to just copy the US and do away with the social welfare system. See how many will actually save for their retirement lol.
Why would the EU approve the deal? Seems like a no brainer to reject it.
The EU has no say in this, Finland does.
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 will have a say, even though Wolt doesn't even operate in the US.
As almost-daily user of Wolt, I'm interested to see how this will impact me. Maybe I finally won't have to pay 3 euros for McDonalds to get delivered for a 10minute walking distance.
Is 3 euros such a high price to pay someone to bike over to the restaurant and bring you a still warm meal?
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That is the downside of free trade: foreigners can fly in and buy up all your companies. Which is exactly why China protects their tech industry like a wolf her cubs. Capitalism favours the strong.
and that isolationism is the most sure way to grow financially and not socially
Earlier quoted context omitted.
And at least in Finland Doordash really isn't a competitor, so there isn't even monopoly issues.
Finland is historically not especially concerned with monopoly issues in any case. Nearly the entire retail sector is controlled by only two companies.
Wolt was a show of Northern European style software/business development, and it’s why Doordash acquired them. Now that US big tech has their dirty fingers all over Wolt, I’ll guess all that will be gone in 3 years as the bullshit starts creeping in.
That is the downside of free trade: foreigners can fly in and buy up all your companies. Which is exactly why China protects their tech industry like a wolf her cubs. Capitalism favours the strong.
Earlier quoted context omitted.
Finland is historically not especially concerned with monopoly issues in any case. Nearly the entire retail sector is controlled by only two companies.
At least the retailer with a 40 % market share can't deposit the money overseas to some hedge fund because it's a co-op.
This news worries me, because Wolt has been the only delivery service that I could use without frustration. Most others, in their crazy run towards customer acquisition and growth, are tripping over their own shoelaces: in some cases, even basic online ordering functionality is broken. Wolt has been getting most things right and I hope this acquisition doesn't change that.
I was shocked when I traveled to Germany and used their popular app Lieferando. That app didn't even have a dynamic GPS based map, instead it showed a static map with a constant "ETA 30min". They might as well have just sent me a text with "ETA 30min" as there was no functional difference. Best part was that the courrier never arrived and the app kept showing me "ETA 30min" even two days later. Of course there was no in-app support contact. Only way to contact them was via e-mail and it took them multiple days to respond. The response was very hostile and they claimed that because the courrier couldn't find the address (a giant hotel building) they just didn't make the delivery and that's how it is. Ended up having to do a chargeback.
Contrasting this to Wolt, where I've never had any issues with delivery (and there's a real time map of the courrier's location). When I've had wrong items delivered, the in-app customer support chat has been reasonable and they've just given me credit for a new order.
I'm not sure where DoorDash falls on this spectrum. I've certainly read horror stories about DoorDash here on HN, but hopefully they've improved. Would be a real shame to lose Wolt's premium experience.