China’s government-affiliated consumer protection group criticized food delivery giant Meituan and e-commerce app Pinduoduo for what it described as problematic business practices. The Shanghai Consumer Council criticized Meituan for problems with refunds for cancelled orders and failed deliveries, and Pinduoduo for quality issues, counterfeits and fake deliveries. The latest challenge...
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Instacart Cuts Staff, Curbs Hiring in Run-up to IPO
Instacart has been letting go of staff, slowing hiring and curbing other expenses as it heads toward a public listing, when the grocery-delivery company will try to convince public investors that it can maintain its growth—and make a profit—as the economy slows. The San Francisco startup over the last two months has fired some of its more than 3,000 workers after holding midyear...
Twitch’s Creators Chief Departs Amid Payout Cutbacks
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Google CEO Addresses Employee Questions about Cost-Cutting
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