Saturday, May 2, 2020

Telemedicine startup Medici raises $24M Series B as demand surges due to COVID-19 pandemic, bringing Medici's total raised since 2016 to over $70M (Mary Ann Azevedo/Crunchbase News)

Mary Ann Azevedo / Crunchbase News:
Telemedicine startup Medici raises $24M Series B as demand surges due to COVID-19 pandemic, bringing Medici's total raised since 2016 to over $70M  —  We've seen a number of industries hit hard by the COVID-19 pandemic.  But we've also seen a number with increased demand.  Telehealth is one of the latter.



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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...