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Coffee at 30 cents escalates into billion-dollar burn for JD.com, Meituan, and Alibaba

admin July 14, 2025 0 Comments

A Meituan food delivery courier rides an electric scooter in Chongqing, China, on March 29, 2025. Cheng Xin | Getty Images News | Getty Images In China’s fiercely competitive market, the latest price war is playing out in the growing “instant commerce” sector, where companies are launching massive subsidies and other incentives to get consumers […]

Boeing shares jump as CFO says plane maker’s cash burn is easing

admin March 20, 2025 0 Comments

Boeing workers are pictured exiting a gate below an image of a Boeing 737-800 aircraft as Boeing’s 737 factory teams hold the first day of a “Quality Stand Down” for the 737 program in Renton, Washington on January 25, 2024. Jason Redmond | AFP | Getty Images Boeing‘s cash burn is easing this quarter and […]