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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On January 31, the EC will question Meta, X, Snap, Google, TikTok, and LinkedIn on their plans to counter disinformation ahead of elections in Germany (Gian Volpicelli/Bloomberg)

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