Thursday, May 23, 2019

Foodpanda plans physical outlets for its private brands

The move is in line with Ola’s shift in strategy to largely scale up Foodpanda as a cloud kitchen business rather than as a marketplace model where it would compete head-on with larger rivals Swiggy and Zomato. http://bit.ly/2M2vruW https://ift.tt/eA8V8J

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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...