Sunday, May 19, 2019

By 2023, Uber Eats may own 25% of the global food delivery industry worth $191B, but both DoorDash and GrubHub make more sales, and DoorDash is growing fastest (Danielle Abril/Fortune)

Danielle Abril / Fortune:
By 2023, Uber Eats may own 25% of the global food delivery industry worth $191B, but both DoorDash and GrubHub make more sales, and DoorDash is growing fastest  —  Investor sentiment in Uber is rapidly sinking.  Since last week's initial public offering, the company's stock has nosedived …



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...