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…

Foodpanda confirms layoffs, says it’s in talks to sell part of Asia food delivery business

[ad_1] Foodpanda confirmed its latest round of job cuts on Friday, citing the need to be “more agile.” “Delivery Hero confirms negotiations with several parties regarding a potential sale of…

European stocks higher as global markets await the Fed’s rate decision; UK inflation below forecast

[ad_1] 10 Mins Ago Fed likely to keep one additional interest rate hike in 2023 dot plot, analyst says Jamie Dutta, market analyst at Vantage, weighs in on the outlook…

European markets close higher as Italy waters down bank windfall tax

[ad_1] 3 Hours Ago Stocks open little changed The three major indexes were near flat at open. The Dow, S&P 500 and Nasdaq Composite were all within 0.1% of their…

Delivery Hero Shares Surge After Revenue Guidance Upgrade

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