Tuesday, December 1, 2020

Chinese food delivery giant Meituan had sales of $5.4B in Q3, up 29% YoY; Meituan's stock has nearly tripled in 2020, bringing its market value to ~$220B (Ryan McMorrow/Financial Times)

Ryan McMorrow / Financial Times:
Chinese food delivery giant Meituan had sales of $5.4B in Q3, up 29% YoY; Meituan's stock has nearly tripled in 2020, bringing its market value to ~$220B  —  Expansion plan comes as company posts strong revenue growth in third quarter  —  Food delivery giant Meituan is expanding …



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Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production (Pranshu Verma/Washington Post)

Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...