Friday, February 1, 2019

400K+ items, making up about a third of Amazon's ~$6B in annual sales in India, may disappear from Amazon India, while it works to meet new compliance rules (Vindu Goel/New York Times)

Vindu Goel / New York Times:
400K+ items, making up about a third of Amazon's ~$6B in annual sales in India, may disappear from Amazon India, while it works to meet new compliance rules  —  NEW DELHI — On Friday, Indian consumers will wake up to an emptier, more expensive version of Amazon's shopping service.



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...