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Sunday, 28 December 2025

A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meituan to a big Q3 loss and internal debate over global expansion (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meituan to a big Q3 loss and internal debate over global expansion  —  Competition from Alibaba and JD.com for fast-growing instant retail market has hit the Beijing-based group



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...