- UBER is trading at a discount because of robotaxi and autonomous taxis.
- Scaling autonomous taxis is very capital intensive process. I don't think GOOGL can open two fronts for Capex - On data center and scaling fleets at the same time.
- Uber is a verb for ride hailing and now they are scaling their food vertical by expanding their markets.
- UBER acquisition of DHER will help them to penetrate more geographies and expand GMV