On Breakingviews - Meituan Dianping has driven, and pedalled, itself to distraction, says AlecMac11:
Drivers of food delivery service Ele.me and Meituan are seen in Beijing, China April 11, 2018. Picture taken April 11, 2018.
Distributing dumplings and other fare is the most tantalising dish in Meituan’s smörgåsbord of services. Those sales soared by two-thirds in the final three months of 2018, to $1.6 billion. Fears about intense competition may be overcooked. While subsidies and other hefty expenses ballooned Meituan’s operating loss to $1.6 billion in 2018 from $570 million a year earlier, there may be a payoff in the works.
That inspires a degree of confidence about some initiatives. One, for example, supplies ingredients, and technology, to restaurants. The valuable data being gathered might be put to profitable use down the road.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Meituan Dianping drives itself to distractionThe $42 bln Chinese super-app operator grew fourth-quarter sales by a robust 89 pct. Meituan’s entire valuation is reflected in the strength of its food delivery unit against Alibaba-owned Ele.me. That raises fresh questions about costly ride-hailing and bike-sharing diversions.
Leer más »
Breakingviews - Nio’s right place, right time may be short-lived(Reuters Breakingviews) - Automaker Nio is on a roll, delivering more than 11,00...
Leer más »
Breakingviews TV: Carry tradesTraders might complain about low volatility, but conditions are ideal for those who want to borrow cheaply and lend at higher rates. The carry trade has made a comeback, but if it unwinds sharply, it won’t just be speculators who get whacked, Swaha...
Leer más »
Breakingviews TV: IPO glutLyft and Uber could between them raise twice as much from their IPOs as all U.S.-listing tech firms did last year. Antony Currie and Robert Cyran explain how, with the likes of Palantir, Slack and Airbnb also mulling going public, there may be more...
Leer más »
Breakingviews TV: Ladies firstWatch: Gender equality hasn’t improved much in C-suites and boardrooms worldwide since the last InternationalWomensDay, but Hong Kong’s Hang Seng Bank sets a strong example to follow. KatrinaHamlin & jgfarb discuss what the $46 bln company gets right.
Leer más »
Breakingviews - Hong Kong bank showcases the XX factor(Reuters Breakingviews) - Hong Kong is home to an unlikely champion of gender eq...
Leer más »
Breakingviews - Mizuho’s harsh medicine gives taste of Japan illsOn Breakingviews – Mizuho’s harsh medicine gives taste of Japan ills, says petesweeneypro:
Leer más »
Breakingviews - Cox: Unilever can’t help but mull a Kraft pounce(Reuters Breakingviews) - Kraft Heinz shares reached their zenith two years ago,...
Leer más »
Breakingviews TV: Facebook 3.0Boss Mark Zuckerberg wants to take the social network in a radical new direction focused around private, encrypted communications. That may address concerns over the firm’s data breaches, but as Jen Saba explains, it could undermine its ad-driven...
Leer más »
Breakingviews - Chinese stock xenophobia is a problem for MSCI(Reuters Breakingviews) - Chinese financial xenophobia has thrown a wrench in MS...
Leer más »