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Thursday, November 28, 2019
Slowdown bites food delivery market
Across the sector, monthly growth has fallen to 1-2% between August and October, hurt by a slowdown in consumer spending, and as major players Zomato, Swiggy and UberEats reduced discounts and promotions, multiple investors and industry executives told ET. https://ift.tt/33AjArC https://ift.tt/eA8V8J
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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)
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