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Shares of Asian AI-linked companies fall, tracking declines in US peers, as investors worry about stretched valuations; SoftBank falls 9%+, Advantest 7%+ (Lee Ying Shan/CNBC)

Lee Ying Shan / CNBC : Shares of Asian AI-linked companies fall, tracking declines in US peers, as investors worry about stretched valuat...

2 March 2024

iiMedia Research: China's food delivery market reached $208B in 2023, 2.3x the size in 2020; Meituan and Ele.me employ over 10M gig workers combined (Takashi Kawakami/Nikkei Asia)

Takashi Kawakami / Nikkei Asia:
iiMedia Research: China's food delivery market reached $208B in 2023, 2.3x the size in 2020; Meituan and Ele.me employ over 10M gig workers combined  —  Meituan, Ele.me employ a combined 10m, but conditions remain harsh for gig employees  —  Meituan delivery drivers can be seen buzzing around Guangzhou's office areas on weekdays.

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