This week: Instacart reportedly preparing IPO; PDD's revenue up by two-thirds...
Can you believe it's September already? As the season starts changing and we head into (please God!) chillier days, Instacart shows no signs of cooling down, with reports the company is gearing up to go public. Temu-parent PDD Holdings also brought the heat this week, reporting its revenue surged by 66% in the second quarter of the year.
Disney, meanwhile, may not be feeling so hot after company shareholders accused the mouse house of intentionally omitting the extent of losses at Disney+. And, on the topic of the streaming, England's Premier League pledged to crack down on illegal streaming.
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