Indian Commerce Minister Piyush Goyal accused American tech companies of using their financial power unfairly “to the detriment of mom-and-pop stores,” Reuters said. “A number of these large e-commerce companies have come into India and very blatantly flouted the laws of the land in more ways than one,” the minister said in an online event, the report said. “I’ve had several engagements...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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