Wednesday, September 11, 2019
StalkBuyLove runs out of cash as funding tap goes dry
Customers, fashion influencers and vendors for the etailer took to social media platforms to protest against the founders of the company for allegedly absconding without clearing dues and halting deliveries https://ift.tt/2A9KVEz https://ift.tt/eA8V8J
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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)
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