Question: The world is on COVID - 1 9 lockdown and many transportation companies are going bankrupt because of a nationwide stay - at - home

The world is on COVID-19 lockdown and many transportation companies are going bankrupt because of a nationwide stay-at-home order. One ride-hailing company is looking for ways to get through the crisis. The management team has decided to launch a food delivery business, thinking that people will start ordering more food and drivers will be able to pivot and use their cars for food delivery instead of customer trips.
A newly appointed CEO of a food delivery business has convinced the C-level leadership of the rideshare company to acquire their food delivery startup for $2.7B. The startup makes $500M in revenue but operates at $100M loss per year.
The new CEO plans to lead a turnaround at the newly acquired food delivery business, make it profitable and grow its share in the overall companys revenue to 15% in 1 year.

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