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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How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed before US restrictions forced new ownership and a pivot (Ryan Gallagher/Bloomberg)

Ryan Gallagher / Bloomberg : How internet censorship tech maker Sandvine, a vendor to repressive regimes like Egypt, nearly collapsed bef...