Grab and Gojek, Southeast Asia’s two largest ride-hailing and food-delivery apps, valued at $14 billion and $9 billion respectively, are discussing a merger that would create one of the world’s most highly valued startups, people familiar with the talks said. As we reported, a deal would be the latest step in a consolidation of the broader food-delivery and ride-hailing markets, as companies try...
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Disney Streamers Hit 100 Million: The Information’s Tech Briefing
Disney pulled off a successful misdirection today by getting investors to think less about Covid-19 and more about the invasion of the Huns.
The company said during an otherwise dismal earnings report that it will release Mulan—its twice-delayed big budget release about a young woman who fends off invaders in China—as a rental in September on its Disney+ streaming service for $30. ...
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