Sunday, September 8, 2019

As Grab and Gojek compete for the food delivery market, Grab poaches food vendors using lower commission rates, and Gojek draws cooks with food stall festivals (Bloomberg)

Bloomberg:
As Grab and Gojek compete for the food delivery market, Grab poaches food vendors using lower commission rates, and Gojek draws cooks with food stall festivals  —  - Ride-hailing firms fight over banana-fritter stall owner  — Small shops and restaurants benefit from the food feud



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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...