I do think there's some truth to this. Most of these companies will not be profitable for quite some time and in the meantime are burning cash trying to acquire customers.
Domino's got hammered post-earnings but recovered a bit today. Are they doing the right thing not engaging in a "race to the bottom" with unprofitable 3rd-party delivery apps? Will this hurt their growth in the long-term?
Submitted July 17, 2019 at 08:10PM by GromGrommeta https://ift.tt/2O13K6w
