DoorDash’s revenue increased 83% to $1.2 billion in the second quarter, showing it maintained growth even as in-person dining resumed. The company, which went public last year, reported that orders through the platform grew by 69% year over year to 345 million in the second quarter. The rate of revenue growth in Q2 was slower than recent quarters, when the pandemic turbocharged demand for...
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Could Didi List in Hong Kong to Stop Bleeding for Shareholders?
Could the path to relief for Didi Global’s beleaguered shareholders run through Hong Kong? It’s a pressing question as Full Truck Alliance, a U.S.-listed Chinese commercial freight company, which like Didi is under cybersecurity investigation by Chinese authorities, explores with bankers the possibility of listing its shares in Hong Kong, according to two people familiar with the...
Chinese Smartphone Giant Oppo Cuts Jobs After Merger With OnePlus
China Slows Videogame Approvals After Imposing New Limits on Minors
Didi Sees Steep Decline in Users
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