Chinese e-commerce company Pinduoduo said it will put side one billion yuan ($144 million) for subsidies to help merchants on its online marketplace whose businesses have suffered due to the coronavirus. During a conference call with analysts Wednesday, Pinduoduo CEO Colin Huang described the virus outbreak as “one of the most intense and trying periods we have experienced.” He said the...
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The Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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