Temu bought six Super Bowl ad slots, likely for tens of millions, to win back US shoppers; US observed sales fell 12.5% MoM in December 2023 and 4.8% in January
the results of running the same commercial 5 times Gabrielle Fonrouge / CNBC : Temu returns to Super Bowl ad slate as lawmaker ire swells X: @tayredacted : Temu used y'all's credit card info to buy tw...
Despite tensions between the US and China, more than 20 Chinese companies went public in 2020 on Nasdaq or NYSE, raising $4B according to Dealogic data
More than 20 Chinese companies have gone public on the Nasdaq or NYSE this year — The U.S. remains a magnet for initial public offerings … Tweets: @auditchina , @wsjmarkets , @davidamichaels , and @...
Second Measure: DoorDash led the 2019 US food delivery market with 33% of total sales, followed by GrubHub with 32%, Uber Eats with 20%, and Postmates with 10%
- DoorDash captured 33% of the U.S. market, Grubhub 32%, Uber Eats 20% and Postmates 10%. — Digital food delivery is projected …
Munich-based Freeletics, which provides AI-powered mobile fitness plans tailored to individual users, raises $45M Series A
One of Europe's most popular fitness applications is poised to flourish in the U.S. market with the help of several Los Angeles-based investors.
Baidu's streaming video service iQiyi falls 13.6% in Nasdaq debut, closing at $15.55, down from opening price of $18
And Then Falls Jonathan Shieber / TechCrunch : Baidu's streaming video service iQiyi falls 13.6% in Nasdaq debut Bloomberg : Baidu's iQiyi Drops in Trading Debut After Raising $2.3 Billion Austen Huff...
Michael Jordan, Mark Cuban, and Ted Leonsis invest $44M in sports data tech firm Sportradar
Jordan, Cuban, Leonsis Put Millions on Sports Betting's Future — Sportradar provides data to leagues, media and betting houses — ‘If the U.S. market opens up for gaming we are ready to shoot’
Lyft forgoes global expansion in favor of U.S. market domination
Heather Somerville / Mercury News : Tweets: @sbyrnes , @jonrussell and @glennf Tweets: Sean Byrnes / @sbyrnes : “Lyft, by comparison, is worth $2.5 billion and has raised about $1 billion.” Holy Dilu...
Lyft forgoes global expansion in favor of U.S. market domination
SAN FRANCISCO — Lyft has walked back years of promises about a global expansion, and instead the car-booking company is doubling down on the U.S. market, hoping to beat its biggest foe here at home. T...