Why is Wolt worth $8 billion to DoorDash?_老虎社区_美港股上老虎

Why is Wolt worth $8 billion to DoorDash?

seekingalpha2021-11-10

When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who? That shouldn't have been ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

263

YYLSG
·2021-11-11
Like
回复
2
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
ASMH
·2021-11-11
Like
回复
2
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
PH2046
·2021-11-11
Thanks
回复
2
举报
stormlee
·2021-11-11
Pls like
回复
2
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
- Flyingdonkey:
  Like
  2021-11-11
  回复
  举报
StickyRice
·2021-11-11
Like please thank you
回复
4
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
- stormlee:
  Pls like
  2021-11-11
  回复
  举报
Aurum
·2021-11-11
Pls like and comment
回复
4
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
- Aurum:
  Ok
  2021-11-11
  回复
  举报
飙高音
·2021-11-11
Ok
回复
3
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
- stormlee:
  Pls like
  2021-11-11
  回复
  举报
Syww
·2021-11-11
[Strong]
回复
3
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
Xue91
·2021-11-11
Ok
回复
4
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
Limhockmeng
·2021-11-11
Wow
回复
2
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
andrew123
·2021-11-11
lIke
回复
5
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
- eddnesb:
  like pls
  2021-11-11
  回复
  举报
- Leng01:
  Ok
  2021-11-11
  回复
  举报
ToTheMOON
·2021-11-11
Yup 👍 what utterly disgusting 🤢 and the only
回复
4
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
LohYK
·2021-11-11
Yes
回复
2
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
- ToTheMOON:
  Ok
  2021-11-11
  回复
  举报
kt888
·2021-11-11
Ok
回复
3
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
陈河马
·2021-11-11
Buy!!
回复
3
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
- ch888:
  ya
  2021-11-11
  回复
  举报
ML808
·2021-11-11
Wow
回复
4
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
6bd41974
·2021-11-11
Ok
回复
4
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
Chal
·2021-11-11
ok
回复
3
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
- Chal:
  ok
  2021-11-11
  回复
  举报
shoude
·2021-11-11
Like n comment
回复
7
举报
收起
- Ericlam:
  nice
  2021-11-11
  回复
  举报
- Pplymm:
  Done. Pls like back
  2021-11-11
  回复
  举报
ALLOYHUAT
·2021-11-11
Like
回复
2
举报
收起
- diamondHands:
  done
  2021-11-11
  回复
  举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/1149227057?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-11-10 23:27","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"1149227057","market":"us","top_or_hot":-1,"title":"Why is Wolt worth $8 billion to DoorDash?","media":"seekingalpha","content":"<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">网页链接</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DASH","symbol_name":"DoorDash, Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","article_id":"1149227057","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","pubTimestamp":1636558073,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DASH":"DoorDash, Inc."},"translate_title":"为什么沃尔特对DoorDash来说价值80亿美元？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DASH":0.9},"content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":870394016,"gmtCreate":1636586787045,"gmtModify":1636586787139,"author":{"id":"3585128891404621","authorId":"3585128891404621","name":"YYLSG","avatar":"https://static.tigerbbs.com/41bee2bd52d9d3dc3a494bc99d85290d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870394016","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530601,"gmtCreate":1636588349940,"gmtModify":1636588349976,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870394016,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":870305091,"gmtCreate":1636586072261,"gmtModify":1636586072448,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870305091","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530602,"gmtCreate":1636588355685,"gmtModify":1636588355721,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870305091,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":870300202,"gmtCreate":1636585721372,"gmtModify":1636585721466,"author":{"id":"3586421859868620","authorId":"3586421859868620","name":"PH2046","avatar":"https://static.tigerbbs.com/2d30bf493f03a880a39cd6f5a79bba29","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870300202","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":870945894,"gmtCreate":1636584737935,"gmtModify":1636584738396,"author":{"id":"3571959390768435","authorId":"3571959390768435","name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870945894","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530615,"gmtCreate":1636588381687,"gmtModify":1636588381728,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870945894,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6529642,"gmtCreate":1636584873763,"gmtModify":1636584873880,"authorId":3581375827024028,"author":{"id":3581375827024028,"authorId":3581375827024028,"name":"Flyingdonkey","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870945894,"type":1,"supId":0,"prevId":0,"content":"<u>Like</u>","text":"<u>Like</u>","html":"<u>Like</u>"}],"langContent":"CN"},{"id":870942399,"gmtCreate":1636584649149,"gmtModify":1636584649285,"author":{"id":"3586127272341946","authorId":"3586127272341946","name":"StickyRice","avatar":"https://static.tigerbbs.com/fefcefff3102cbeb8f10446360e6fcf3","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Like please thank you&nbsp;","listText":"Like please thank you&nbsp;","text":"Like please thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870942399","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530619,"gmtCreate":1636588388352,"gmtModify":1636588388448,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870942399,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6529590,"gmtCreate":1636584745168,"gmtModify":1636584745277,"authorId":3571959390768435,"author":{"id":3571959390768435,"authorId":3571959390768435,"name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870942399,"type":1,"supId":0,"prevId":0,"content":"Pls <u>like</u>","text":"Pls <u>like</u>","html":"Pls <u>like</u>"}],"langContent":"CN"},{"id":870946603,"gmtCreate":1636584596191,"gmtModify":1636584596333,"author":{"id":"3581551558648648","authorId":"3581551558648648","name":"Aurum","avatar":"https://static.tigerbbs.com/9b62b380c4f32358425ddfcfada4c880","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870946603","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530621,"gmtCreate":1636588393939,"gmtModify":1636588394031,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870946603,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6529544,"gmtCreate":1636584605211,"gmtModify":1636584605324,"authorId":3581551558648648,"author":{"id":3581551558648648,"authorId":3581551558648648,"name":"Aurum","avatar":"https://static.tigerbbs.com/9b62b380c4f32358425ddfcfada4c880","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870946603,"type":1,"supId":0,"prevId":0,"content":"<u>Ok</u>","text":"<u>Ok</u>","html":"<u>Ok</u>"}],"langContent":"CN"},{"id":870941388,"gmtCreate":1636584449279,"gmtModify":1636584449426,"author":{"id":"3582709856792743","authorId":"3582709856792743","name":"飙高音","avatar":"https://static.tigerbbs.com/475b76d560816b91289272c06ae8dfff","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870941388","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530622,"gmtCreate":1636588399542,"gmtModify":1636588399573,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870941388,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6529594,"gmtCreate":1636584752696,"gmtModify":1636584752730,"authorId":3571959390768435,"author":{"id":3571959390768435,"authorId":3571959390768435,"name":"stormlee","avatar":"https://static.tigerbbs.com/80629ef9648273c0d6465aee66dbd98a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870941388,"type":1,"supId":0,"prevId":0,"content":"Pls <u>like</u>","text":"Pls <u>like</u>","html":"Pls <u>like</u>"}],"langContent":"CN"},{"id":870949730,"gmtCreate":1636584315279,"gmtModify":1636584315379,"author":{"id":"4087953623473280","authorId":"4087953623473280","name":"Syww","avatar":"https://static.tigerbbs.com/eb83576edbcfb98efcb33d606f168221","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Strong]&nbsp;","listText":"[Strong]&nbsp;","text":"[Strong]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870949730","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530631,"gmtCreate":1636588419448,"gmtModify":1636588419550,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870949730,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":870957164,"gmtCreate":1636584135825,"gmtModify":1636584136003,"author":{"id":"3582021616632458","authorId":"3582021616632458","name":"Xue91","avatar":"https://static.tigerbbs.com/4d9f9012cc2ef597a6ee7470e2cfb3e1","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870957164","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530627,"gmtCreate":1636588413004,"gmtModify":1636588413040,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870957164,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":870922539,"gmtCreate":1636582533318,"gmtModify":1636582533420,"author":{"id":"3581900198517383","authorId":"3581900198517383","name":"Limhockmeng","avatar":"https://static.tigerbbs.com/547b3a4e05afddc292cc1e75be64e63f","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870922539","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530635,"gmtCreate":1636588425728,"gmtModify":1636588425846,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870922539,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":870921446,"gmtCreate":1636582244901,"gmtModify":1636582245395,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"lIke","listText":"lIke","text":"lIke","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/870921446","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530638,"gmtCreate":1636588431387,"gmtModify":1636588431416,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870921446,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6529281,"gmtCreate":1636583048467,"gmtModify":1636583048583,"authorId":3579903139528819,"author":{"id":3579903139528819,"authorId":3579903139528819,"name":"eddnesb","avatar":"https://static.tigerbbs.com/7cb1a44cae788badb83f540b30835814","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870921446,"type":1,"supId":6529242,"prevId":0,"content":"like <u>pls</u>","text":"like <u>pls</u>","html":"like <u>pls</u>"},{"id":6529242,"gmtCreate":1636582626336,"gmtModify":1636582626370,"authorId":3586767616536415,"author":{"id":3586767616536415,"authorId":3586767616536415,"name":"Leng01","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870921446,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":870984281,"gmtCreate":1636579573494,"gmtModify":1636579580532,"author":{"id":"3576212227172632","authorId":"3576212227172632","name":"ToTheMOON","avatar":"https://static.tigerbbs.com/7769f4b8d26aa1903d8784e79b05b4df","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Yup 👍 what utterly disgusting 🤢 and the only&nbsp;","listText":"Yup 👍 what utterly disgusting 🤢 and the only&nbsp;","text":"Yup 👍 what utterly disgusting 🤢 and the only","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870984281","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530639,"gmtCreate":1636588439857,"gmtModify":1636588439887,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870984281,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":870988252,"gmtCreate":1636578837186,"gmtModify":1636578837610,"author":{"id":"3568070265339857","authorId":"3568070265339857","name":"LohYK","avatar":"https://static.tigerbbs.com/d6add0343094f5e965e831fa432314ef","vip":1,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870988252","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530647,"gmtCreate":1636588458442,"gmtModify":1636588458540,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870988252,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6528964,"gmtCreate":1636579564359,"gmtModify":1636579564390,"authorId":3576212227172632,"author":{"id":3576212227172632,"authorId":3576212227172632,"name":"ToTheMOON","avatar":"https://static.tigerbbs.com/7769f4b8d26aa1903d8784e79b05b4df","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870988252,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":870981105,"gmtCreate":1636578668538,"gmtModify":1636578668538,"author":{"id":"3577583042847869","authorId":"3577583042847869","name":"kt888","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870981105","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530644,"gmtCreate":1636588453194,"gmtModify":1636588453228,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870981105,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":870980756,"gmtCreate":1636578341126,"gmtModify":1636578341227,"author":{"id":"3565075628273965","authorId":"3565075628273965","name":"陈河马","avatar":"https://static.tigerbbs.com/9c4a13cbf345abe505d3086b9f8da49a","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Buy!!","listText":"Buy!!","text":"Buy!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870980756","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530653,"gmtCreate":1636588464756,"gmtModify":1636588464785,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870980756,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6528881,"gmtCreate":1636578518813,"gmtModify":1636578518923,"authorId":3581804654549595,"author":{"id":3581804654549595,"authorId":3581804654549595,"name":"ch888","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870980756,"type":1,"supId":0,"prevId":0,"content":"ya","text":"ya","html":"ya"}],"langContent":"CN"},{"id":870980269,"gmtCreate":1636578272895,"gmtModify":1636578273067,"author":{"id":"3582359360248748","authorId":"3582359360248748","name":"ML808","avatar":"https://static.tigerbbs.com/f601c68849ffbac8b7679f40f1471368","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870980269","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530656,"gmtCreate":1636588470165,"gmtModify":1636588470198,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870980269,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":870914946,"gmtCreate":1636577084652,"gmtModify":1636577084801,"author":{"id":"3581920930646755","authorId":"3581920930646755","name":"6bd41974","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870914946","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530658,"gmtCreate":1636588475410,"gmtModify":1636588475507,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870914946,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"CN"},{"id":870915418,"gmtCreate":1636576750823,"gmtModify":1636576750965,"author":{"id":"3575169317575861","authorId":"3575169317575861","name":"Chal","avatar":"https://static.tigerbbs.com/95cf06c2a0a887c6ad44d1278ef16eda","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870915418","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530674,"gmtCreate":1636588525293,"gmtModify":1636588525381,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870915418,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6528820,"gmtCreate":1636576755515,"gmtModify":1636576755597,"authorId":3575169317575861,"author":{"id":3575169317575861,"authorId":3575169317575861,"name":"Chal","avatar":"https://static.tigerbbs.com/95cf06c2a0a887c6ad44d1278ef16eda","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870915418,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":870916558,"gmtCreate":1636575078567,"gmtModify":1636575078567,"author":{"id":"3587029173183468","authorId":"3587029173183468","name":"shoude","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/870916558","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6530677,"gmtCreate":1636588533887,"gmtModify":1636588534015,"authorId":3559787818034959,"author":{"id":3559787818034959,"authorId":3559787818034959,"name":"Ericlam","avatar":"https://static.tigerbbs.com/f2154f4bb8afd22f8e6fde60b57acb69","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870916558,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"},{"id":6528847,"gmtCreate":1636578107185,"gmtModify":1636578107287,"authorId":3582681835792049,"author":{"id":3582681835792049,"authorId":3582681835792049,"name":"Pplymm","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870916558,"type":1,"supId":0,"prevId":0,"content":"Done. Pls like back ","text":"Done. Pls like back ","html":"Done. Pls like back "}],"langContent":"CN"},{"id":870994110,"gmtCreate":1636568319550,"gmtModify":1636568319704,"author":{"id":"3573364000575272","authorId":"3573364000575272","name":"ALLOYHUAT","avatar":"https://static.tigerbbs.com/1ed93fe58b3eb7ac6c44343e09bfabcd","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870994110","repostId":1149227057,"repostType":4,"repost":{"id":"1149227057","pubTimestamp":1636558073,"share":"https://www.laohu8.com/m/news/1149227057?lang=&edition=full","pubTime":"2021-11-10 23:27","market":"us","language":"en","title":"Why is Wolt worth $8 billion to DoorDash?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149227057","media":"seekingalpha","summary":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stoc","content":"<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?</p>\n<p>That shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.</p>\n<p>In other words, it's all about location, location, location.</p>\n<p>And it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.</p>\n<p>\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"</p>\n<p>Founded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.</p>\n<p>Bank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.</p>\n<p>McGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.</p>\n<p>Enthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and&nbsp;giving an upbeat business outlook.</p>\n<p>DoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of&nbsp;beauty products from Ulta Beauty(NASDAQ:ULTA).</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why is Wolt worth $8 billion to DoorDash?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy is Wolt worth $8 billion to DoorDash?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 23:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been ...</p>\n\n<a href=\"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DASH":"DoorDash, Inc."},"source_url":"https://seekingalpha.com/news/3768738-why-is-wolt-worth-8b-to-doordash","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1149227057","content_text":"When DoorDash(NYSE:DASH)said on Tuesday that it would pony up the equivalent of $8.1 billion in stock to acquire Helsinki-based Wolt, the natural question for many was: Who?\nThat shouldn't have been surprising. Besides being headquartered in Finland, Wolt operates almost exclusively in European countries such as Germany, Hungary and Sweden--22 countries, in fact where DoorDash (DASH), even as big as it is, has no food-delivery presence. The only country where DoorDash (DASH) and Wolt currently both have a presence is in Japan.\nIn other words, it's all about location, location, location.\nAnd it's that potential to expand into Europe that's behind DoorDash's (DASH) big all-stock deal. Mizuho Securities analyst James Lee said that with rival Uber Eats(NYSE:UBER)getting about 25% of its business from Europe, it was necessary for DoorDash to not waste any more time in planting its flag across the pond.\n\"The competition is heating up in the region as DoorDash is expected to invest aggressively to grow European market share, said Mizuho Securities analyst James Lee, who left his neutral rating on DoorDash's (DASH) stock unchanged, but raised his price target to $205 a share from $175. Lee said, \"The market is giving DoorDash a significant premium due to its strong execution and international expansion.\"\nFounded in 2014, Wolt, says it has about 4,000 employees in the 23 markets where it operates. Once the deal is finalized, which is expected to be in the second half of 2022, Wolt Chief Executive Miki Kuusi will be in charge of running DoorDash International.\nBank of America Securities analyst Michael McGovern gave Wolt high marks for being able to grow its business in the third quarter by 130% from a year ago. \"Without geographic expansion, [that's] impressive considering the increasing mobility levels this quarter,\" McGovern said, adding that Wolt appears to be very efficient with its delivery process, as its said its drivers average close to 2.5 deliveries per hour.\nMcGovern raised his price target on DoorDash to $270 a share from $255, and left his buy rating on the stock unchanged.\nEnthusiasm for DoorDash (DASH) was high on Wednesday, as the company's shares rose more than 13% in the wake of the Wolt deal and DoorDash (DASH) reporting better-than-expected third-quarter sales and giving an upbeat business outlook.\nDoorDash (DASH) has also been taking steps to expand beyond food delivery, and recently made a deal for same-day delivery of beauty products from Ulta Beauty(NASDAQ:ULTA).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6528630,"gmtCreate":1636569154440,"gmtModify":1636569154544,"authorId":3573553598754980,"author":{"id":3573553598754980,"authorId":3573553598754980,"name":"diamondHands","avatar":"https://static.tigerbbs.com/dc04e09561a7a5cf929c1ad9f33b1d82","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":870994110,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":263,"commentSize":53,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}