Asia

Chinese Food Delivery App Meituan’s Revenue Growth Slows

Chinese food delivery and on-demand services giant Meituan said its revenue rose 31% in the fourth quarter, the company’s slowest quarterly revenue growth in more than a year. Losses widened in the quarter as Meituan invested more in online grocery operations and other relatively new businesses. Meituan’s results come as China’s biggest tech companies are all grappling with the country’s...

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We’re now at that part of the Elon Musk–Twitter drama where—as happens for some long-running TV shows—the plotline has gone off the rails. Of course, this isn’t a TV show, although there likely will be one, and I nominate Jonah Hill to play Elon Musk. And what seems off the wall is just life in Musk’s world. It’s a little like the alternate reality Donald Trump creates to replace a less...
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