Friday, August 26, 2022

Meituan reports Q2 revenue up 16% YoY to ~$7.4B and a ~$163.5M net loss, as its "core local commerce" business, including food delivery, rose 9.2% YoY (Bloomberg)

Bloomberg:
Meituan reports Q2 revenue up 16% YoY to ~$7.4B and a ~$163.5M net loss, as its “core local commerce” business, including food delivery, rose 9.2% YoY  —  Chinese food delivery titan Meituan reported a better-than-expected 16% increase in quarterly revenue, after appetite …



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Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 (Galit Altstein/Bloomberg)

Galit Altstein / Bloomberg : Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raise...