Netflix lost subscribers in the U.S. in the second quarter, a stunning halt to years of rapid growth. It’s likely a reaction to the most recent round of price increases that lifted the cost of the top tier of Netflix to above $15 a month. It may mean that Netflix’s increasing emphasis on originals over reruns licensed from other networks is not being well received: the company blamed its...
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Fast-Delivery Startups Getir and Flink Held Merger Talks
Turkey-based fast-delivery firm Getir had preliminary talks late last year about merging with Flink, the Germany-based startup, in a sign that consolidation in the fast-delivery sector may have another round to go. Merging with Flink would strengthen Getir in Germany, where it expanded through last year’s acquisition of Gorillas. Flink came away from the discussions uninterested in...
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