Meituan Dianping, the Chinese food delivery and online services giant, said revenue in the first quarter fell 13% to $2.4 billion, beating analysts forecasts, according to Bloomberg. Meituan faces soft demand for its businesses in travel and ride hailing and competition from Alibaba in its core food delivery. The company said that food delivery had largely bounced back in recent weeks to levels...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
Amazon Fresh Hikes Grocery Delivery Fees
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