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NEWS PAGE • 4m

Chinese food delivery and lifestyle e-commerce platform Meituan has sold over $200 million worth of its stake in Swiggy to a US-based investor in a secondary deal, according to three sources who spoke to Entrackr. Meituan first invested in the Bengaluru-based firm in 2018 and increased its holding by participating in another round in 2020.

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OpenAI Is Rebooting Its Robotics Team After disbanding its efforts to build a general purpose robot in 2020, the AI juggernaut is embarking on a new attempt to supply models to other companies aiming to build robots of their own.

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