Art by Mike Sullivan
Startups Entertainment Asia

The Information’s Takeover Target List

Photo: Art by Mike Sullivan

The season for M&A may soon be upon us. The pandemic has squeezed many businesses and made funding harder to get. We’ve already seen Postmates sell to Uber and Grubhub sell to Europe’s Just Eat Takeaway, accelerating a long-awaited consolidation of the food-delivery market. Meanwhile, EW Scripps, grappling with a downturn in advertising, sold a high-growth business—podcasting firm Stitcher—to raise badly needed cash.

Many more deals are possible. One of the most unlikely just a few weeks ago, ByteDance selling TikTok, now seems quite possible. It’s also easy to imagine Jeffrey Katzenberg throwing in the towel and trying to sell Quibi, his short-video app designed for phones. The pandemic and the intensely crowded streaming market have marred Quibi’s launch. The challenge for this kind of high-profile consumer internet firm will be on the buyer side: The antitrust scrutiny already focused on big tech firms like Facebook, Amazon or Apple likely limits their ability to make big acquisitions.

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Briefing
DoorDash’s Sky-High Valuation: The Information’s Tech Briefing
DoorDash’s Sky-High Valuation: The Information’s Tech Briefing
Next week is shaping up to be a big one for tech IPOs, with both DoorDash and Airbnb expected to hit the market. Both raise interesting questions for investors, given how each has fared through the pandemic. DoorDash’s offering arguably poses the biggest risks. The restaurant-meal delivery service on Friday raised its pricing range to between $90 and $95 a share, giving the company an...
Latest Briefs
 
U.S. to Let TikTok Ban Deadline Pass as Deal Talks Progress
Activision Sues Netflix For Poaching CFO
DoorDash Valued at $29.4 Billion After Raising IPO Pricing Range
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
What We Learned From The Information’s List of the 50 Most Promising Startups
TI 50 Startups
What We Learned From The Information’s List of the 50 Most Promising Startups
If you’ve wondered what startups could become the Google, Microsoft or Salesforce of the 2020s or ’30s, see our inaugural list of the 50 most promising tech startups that probably aren’t yet on your radar screen.
Uber’s Image Maker Emerges as Key Power Player
Exclusive Uber/Lyft
Uber’s Image Maker Emerges as Key Power Player
Minutes after Dara Khosrowshahi learned from a news report that he would be the next CEO of Uber, his phone rang.
The Underside of Silicon Valley’s Co-Founder Mantra
Opinion Venture Capital Startups
The Underside of Silicon Valley’s Co-Founder Mantra
It was both maddening and somehow unsurprising to see that only 2.1% of VC dollars so far this year have gone to all-female teams.
SPAC Merger Class of 2020 Is Trading Better Than 2019
Markets
SPAC Merger Class of 2020 Is Trading Better Than 2019
Special purpose acquisition companies are the hottest investment phenomenon of the year. But they’re not a surefire way to make money, as many lose value after they merge with operating businesses.
Many Gen Zers Loathe Amazon—but Can’t Quit It
E-commerce COVID-19
Many Gen Zers Loathe Amazon—but Can’t Quit It
Like most of her friends, Isobel Tollenaar isn’t a fan of Amazon. “I definitely find it to be an uncomfortably powerful and gross company,” said Tollenaar, 23, who graduated from college just last year and currently works at a nonprofit in the Chicago area.
Salesforce’s Bret Taylor: Company Didn’t Overpay for Slack
Q&A Startups Microsoft
Salesforce’s Bret Taylor: Company Didn’t Overpay for Slack
Salesforce didn’t overpay for Slack, the business messaging company it agreed to acquire on Tuesday for nearly $28 billion, Bret Taylor , Salesforce’s president and chief product officer said.