nilvest,
That’s an excellent point, although I think most of the recent acquisitions haven’t contributed to major growth. Please correct me if I am wrong by posting the effects.
I feel, one of their most important acqusations was in 2013 when they acquired Seamles. Otherwise I would have probably not been interested in buying GRUBHUB in the first place. https://media.grubhub.com/media/press-releases/press-release…
In an ideal world, Grub should try and buy or merge with doordash. That would be terrible for restaurants, but excellent for diners, as well as shareholders.
I think grub and doorash would try and consolidate power by acquiring smaller niche participants.
The key point to investing in this type of stock is, there is limited downside (max loss equals amount invested), but multi-baggar upside potential.
-huddaman