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Uber Eats fails to offset ride-sharing collapse, Quicken Loans IPO, Microsoft bids for all of TikTok

FT News Briefing

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Intro

This chapter explores how the coronavirus pandemic transformed Uber's business model, showcasing the explosive growth of Uber Eats against the backdrop of a plunging ride-hailing sector. It also delves into Quicken Loans' public debut, driven by a refinancing boom, while addressing the uncertainty of these trends' longevity.

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