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 …



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...