RTO
Rentokil Initial plc
stock NYSE ADR

Multiple things alligning in their favor:
1. Slow ride-hailing growth was a problem last quarter, but increasingly most businesses are moving to RTO mandate (including Uber, Google, most US government businesses, ...). This helps them fix the problem.
2. TESLA's smart taxis is proving to be a fud. Partnership with Waymo is expanding rapidly
3. Increasingly looks like they are going to acquire Instacart, and with that comes over 60% grocery market share, which is already profitable. Major leadership of Instacart is now from Uber (CTO, CFO), and Instacart's CEO just departed. Instacart's restaurant orders go to Uber, and Uber's ads come from Instacart. They are essentially complementary in all respects and solve each other's core business problem of growth. Almost seems like an acquisition is on the cards.
4. Uber's revenues fell in the last earnings, but profitability was way up. If they acquire Instacart, their revenues shoot up, plus they acquire a profitable business.
5. If they end up acquiring Instacart, they get a fleet that is heavily urban, and both can be cross-utilized that keeps costs down, and helps with the demand.
Really depends on what price they pay for Instacart.

Multiple things alligning in their favor:
1. Slow ride-hailing growth was a problem last quarter, but increasingly most businesses are moving to RTO mandate (including Uber, Google, most US government businesses, ...). This helps them fix the problem.
2. TESLA's smart taxis is proving to be a fud. Partnership with Waymo is expanding rapidly
3. Increasingly looks like they are going to acquire Instacart, and with that comes over 60% grocery market share, which is already profitable. Major leadership of Instacart is now from Uber (CTO, CFO), and Instacart's CEO just departed. Instacart's restaurant orders go to Uber, and Uber's ads come from Instacart. They are essentially complementary in all respects and solve each other's core business problem of growth. Almost seems like an acquisition is on the cards.
4. Uber's revenues fell in the last earnings, but profitability was way up. If they acquire Instacart, their revenues shoot up, plus they acquire a profitable business.
5. If they end up acquiring Instacart, they get a fleet that is heavily urban, and both can be cross-utilized that keeps costs down, and helps with the demand.
Really depends on what price they pay for Instacart.

Time to make RTO mandated by law. You no comming to office? Policemen will drag you out of your home in underwear if necessary to sit you down on your desk.