Sunday, May 26, 2019

Sofar Sounds, which charges users $15-$30 to attend concerts in people's living rooms while paying bands just $100 for a 25-minute set, raises $25M Series B (Josh Constine/TechCrunch)

Josh Constine / TechCrunch:
Sofar Sounds, which charges users $15-$30 to attend concerts in people's living rooms while paying bands just $100 for a 25-minute set, raises $25M Series B  —  Tired of noisy music venues where you can hardly see the stage?  Sofar Sounds puts on concerts in people's living rooms …



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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...