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Uber’s M&A Playbook Faces Scrutiny: CFO Says Acquisitions Can Beat Building From Scratch
Stocktwits ·
Stocktwits reports: Uber Technologies’ (UBER) acquisition strategy is drawing investor scrutiny as CFO Balaji Krishnamurthy defends the company’s decision to buy established businesses rather than build every capability internally. Krishnamurthy said acquisitions can boost expansion, improve returns and leverage Uber’s global platform, while newer deals show early signs of strong execution. Uber Technologies stock edged 0.2% lower in Thursday’s premarket. However, the stock is on track to…