Wednesday, Dec 8th 2021Commentary
1) DoorDash hiring full-time delivery employees for the first time amid push into the rapid delivery space
Titan’s Takeaway: Like ridesharing and third-party delivery, we believe the biggest gains in the fast-growing rapid delivery space will likely accrue to a few large players over time. DoorDash’s move shows costs associated with this new market may be higher, and we’ll be closely watching for any additional moves into this space from Titan Flagship holding Uber.
2) Jeep owner Stellantis lays out plans to make $22.5 billion annually from software, as EV investment boom continuesv
Titan’s Takeaway: Fleet electrification has been a dominant theme in the auto industry this year, particularly amid efforts by corporations to find cleaner energy solutions. Stellantis’ outlines for software-related sales, however, shows automakers might find something even more attractive in electrification: recurring revenues.
3) Instagram rolls out new safety features for teenagers ahead of executive appearance on Capitol Hill
Titan’s Takeaway: We don’t expect lawmaker interest or regulatory risks will dissipate for Meta anytime soon. Given this overhang, we may see additional product changes emphasizing similar ideas like limiting time on platform and offering users additional control over their platform experience.
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