Friday, May 1, 2020

Mobile phone retailers set to reopen stores where allowed

As per estimates by experts, an inventory of 5 million phones is lying in the offline channel for smartphones alone. https://ift.tt/35q9FHj 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...