Saturday, December 27, 2025

A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meituan to a big Q3 loss and internal debate over global expansion (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meituan to a big Q3 loss and internal debate over global expansion  —  Competition from Alibaba and JD.com for fast-growing instant retail market has hit the Beijing-based group



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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...