weak

Tier-Owned Spin Exits 10 U.S. Markets Amid Weak Demand and Unfavorable City Regulations

Tier-Owned Spin Exits 10 U.S. Markets Amid Weak Demand and Unfavorable City Regulations

Micromobility operator Spin is exiting 10 U.S. markets due to a combination of weak demand, over-regulation, under-regulation and poor cost structures, according to a company-wide email sent Friday by Philip Reinckens, CEO of Spin, which was shared with TechCrunch. Reinckens said the market exits would help Spin cut costs and focus on growing markets that …

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Chinese real estate stocks have surged this month.  But analyst warns of 'weak reality' compared to high expectations

Chinese real estate stocks have surged this month. But analyst warns of ‘weak reality’ compared to high expectations

House prices in China fell in October mainly due to lower prices in less developed, so-called Tier 3 cities, according to analysis of official data from Goldman Sachs. Edition of the future | Edition of the future | Getty Images BEIJING — China’s real estate sector is not yet ready for a quick recovery, despite …

Chinese real estate stocks have surged this month. But analyst warns of ‘weak reality’ compared to high expectations Read More »