Sunday, May 30, 2021

Meituan reports Q1 revenue of $5.8B, up 120.9% YoY, and a loss of $752M; CEO says Meituan is reviewing its business practices amid China's antitrust probe (South China Morning Post)

South China Morning Post:
Meituan reports Q1 revenue of $5.8B, up 120.9% YoY, and a loss of $752M; CEO says Meituan is reviewing its business practices amid China's antitrust probe  —  Meituan's first-quarter revenue reached US$5.8 billion, up 120.9 per cent from a year earlier Net losses widened to US$752 million …



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Sources: Samsung raises prices for advanced 4nm and 5nm chipmaking services by up to 15% for new orders in July, driven by AI demand and TSMC's tight capacity (Reuters)

Reuters : Sources: Samsung raises prices for advanced 4nm and 5nm chipmaking services by up to 15% for new orders in July, driven by AI d...