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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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)
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New AI-powered video tools have accelerated the surge in AI dramas in China; DataEye: 89 of the top 100 animated dramas on Douyin in May were AI productions (Financial Times)
Financial Times : New AI-powered video tools have accelerated the surge in AI dramas in China; DataEye: 89 of the top 100 animated dramas...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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