In mid-2020, Uber Technologies, Inc. (Uber) acquired the Latin America-based Cornershop mobile app, which offered online grocery purchases to consumers at home. Technology companies based on multifaceted platforms participated in the operation. Uber, which focused on brokering passenger transportation, had expanded to include companies like Uber Eats for restaurant meal delivery, while Cornershop focused on the purchase and delivery of supermarket products. Walmart recently tried to acquire Cornershop, but Mexican antitrust authorities refused to approve the acquisition. Uber’s acquisition of Cornershop presented significant management challenges. What were the main sources of value? Should the two companies operate separately or as joint units? Would Walmart be a better fit for Cornershop? What was the best strategy to grow in this diverse business environment?
Ivey Publishing (W21148-PDF-ENG)
April 07, 2021
We don‘t have the case solution, but we pay up to $50 for yours!
- Set a reminder to receive an email after your university‘s case study deadline.
- Upload your case study solution. We will review it for quality.
- Get your money via PayPal or to your bank account.