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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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...