Wed, Apr 7 2021

Dave Levy and Nikos Kanelopoulos are trying to beat the algorithm. The two DoorDash drivers—Dashers, as the company calls them—are trying to persuade their peers to turn down the lowest-paying deliveries so the automated system for…

Annual letter predicts an economic boom that may reach 2023 He also blames U.S. dysfunction for curbing economy's growth Photographer: Michael Nagle/Bloomberg Jamie Dimon, who built the biggest and most profitable U.S. bank in history, is warning…

Company is working with advisers for IPO preparations MissFresh could even raise as much as $1 billion in offering Beijing MissFresh Ecommerce Co., an online grocery delivery startup, is considering a U.S. initial public offering that could raise…

Photographer: Qilai Shen/Bloomberg Prosus NV plans to raise as much as $14.6 billion from the sale of shares in Chinese internet giant Tencent Holdings Ltd. to fund growth ventures. The Amsterdam-listed e-commerce firm will sell a 2% stake in…

One of the most economically significant trends of the past few decades has been the emergence of a global middle class. The expectation that this cohort of consumers would continue to grow relentlessly, as rising incomes in developing countries…