Technology
Meituan plans to hire as many as 10K people this quarter as the company tries to fend off ByteDance's expanding delivery efforts in China; the stock drops 6%+ (Bloomberg)
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Bloomberg:
Meituan plans to hire as many as 10K people this quarter as the company tries to fend off ByteDance’s expanding delivery efforts in China; the stock drops 6%+ — Meituan dived its most in two months after unveiling plans to hire as many as 10,000 people this quarter, a remarkable move …
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