Meituan Becomes No. 2 Hong Kong Food Service Months After Debut

[ad_1] Meituan has become Hong Kong’s second-largest food delivery platform since debuting in the city last May, a sign that splashy subsidies are boosting the company’s first major foray outside…

European markets climb on strong earnings ahead of key U.S. inflation print

[ad_1] 38 Mins Ago Early movers: Knorr-Bremse up 6%, ISS down 6% Corporate earnings were the main driver of individual share price movement in Europe on Thursday. Knorr-Bremse shares jumped…

‘A very problematic market’: As Arm shuns London, tech investors question UK as an IPO destination

[ad_1] Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks in front of a screen displaying the ARM Holdings logo during a news conference in Tokyo…

Deliveroo first-half losses widen as food delivery firm plans exit from the Netherlands

[ad_1] Deliveroo reported a pretax loss of £147.3 million in the first six months of the year, up 54% from the same period a year ago. The U.K. food delivery…

Early Deliveroo investor Hoxton Ventures is set to lose one of its founding partners

[ad_1] A Deliveroo rider near Victoria station on March 31, 2021 in London, England. Dan Kitwood | Getty Images European venture capital firm Hoxton Ventures, a backer of some of…

UK pulls plug on top tech incubator after setting out to become ‘world’s next Silicon Valley’

[ad_1] Traffic passes around the Old Street roundabout, also referred to as “Silicon Roundabout,” in the area known as “Tech City” in London, U.K. Chris Ratcliffe | Bloomberg | Getty…