Tuesday, June 25, 2024

Sources: Meituan considers raising $1B+ via a bond offering this year as the food delivery and shopping platform seeks to repay some debt and fund its expansion (Bloomberg)

Bloomberg:
Sources: Meituan considers raising $1B+ via a bond offering this year as the food delivery and shopping platform seeks to repay some debt and fund its expansion  —  - Chinese online retailer is working with banks on a bond sale  — Proceeds to be used to repay some debt, fund overseas growth



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DeepSeek releases V4.1-Flash-1017, an update it says offers "stronger benchmark performance, faster task completion, and shorter outputs" than its predecessor (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : DeepSeek releases V4.1-Flash-1017, an update it says offers “stronger benchmark performance, faster task comple...