Friday, March 1, 2019

Grab is expanding India engineering team in its search for a super app

Grab's Bengaluru unit, one out its seven engineering and research & development centres, has so far been primarily focused on building payment systems for the platform. https://ift.tt/2GTcNC9 https://ift.tt/eA8V8J
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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...