In some cases it makes a lot of sense. My typical example is nike creating an experience on row blocks, which is good for its culture,. They can go ind experience snike land. But i don't think it makes as much senss for brands that have sort of a quick service model in the restaurant industry. These two examples of mac donald's, especially with wendy's, and and chippoley isn't there as well.
(00:22) Acquisition battles are heating up as travel season kicks off. Asit Sharma joins Deidre Woollard to discuss: - JetBlue’s competition with Spirit to buy Frontier Airlines.
- Amazon’s plan to launch 3,000 satellites into orbit for its broadband internet plans. - Restaurants in the metaverse. Jim Gillies and Brian Feroldi take a “Bull vs. Bear” approach to investing in Best Buy, (18:56) the company that was supposed to become Amazon’s showroom. You can decide who made the better argument @MotleyFoolMoney on Twitter.
Link: Metaverse Stocks - https://www.fool.com/investing/stock-market/market-sectors/information-technology/metaverse-stocks/
Stocks: JBLU, SAVE, ULCC, AMZN, NKE, RBLX, CMG, BBY Host: Deidre Woollard Guests: Asit Sharma, Brian Feroldi, Jim Gillies Producer: Ricky Mulvey Engineers: Tim Sparks, Rick Engdahl
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