Thursday, April 30, 2020

Reliance Jio Q4 net profit nearly triples on tariff hikes, beats expectations

Jio said profit for the quarter rose to Rs 2,331 crore, exceeding analysts' profit estimates of around Rs 2,000 crore. Profit was up 73% from the preceding quarter https://ift.tt/3bZhWEY 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)

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...