Monday, September 9, 2019

Profile of incoming Alibaba chairman Daniel Zhang, who replaces Jack Ma during a tricky time for the company as it delays its $20B Hong Kong stock offering (Bloomberg)

Bloomberg:
Profile of incoming Alibaba chairman Daniel Zhang, who replaces Jack Ma during a tricky time for the company as it delays its $20B Hong Kong stock offering  —  Daniel Zhang isn't worried about replacing Jack Ma.  He's worried about replacing Alibaba.  —  For months, Daniel Zhang huddled …



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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...