Meituan’s new business initiatives bear fruit
The company’s core local commerce business revenue increased 27.4% in the first quarter, as its money-losing new businesses also grew by 18.5% amid narrowing operating losses By KGI Asia…
FAST NEWS: Dada Nexus plummets after company uncovers suspect finances
The latest: Local on-demand delivery platform Dada Nexus Ltd. (DADA.US) announced Monday that a routine internal audit uncovered “suspicious practices … that may cast doubt on certain revenues from the company’s online…
