Coronavirus has had a devastating toll on Chinese restaurants [CNNMoney.com]
Just Eat Takeaway.com N.V. - American Depositary Shares (GRUB)
Last just eat takeaway.com n.v. - american depositary shares earnings: 2/5 04:05 pm
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Source: CNNMoney.com
Coronavirus' toll on Chinese restaurants is devastating Raleigh, North Carolina (CNN Business) Chinese restaurants are in deep trouble. As of April 15, 59% of independent Chinese restaurants across America had completely stopped taking debit and credit card transactions, indicating they have ceased operations, according to Womply, a data subscription service. Womply tracks credit and debit card transactions to provide market insights to 10 million small businesses. Restaurants across the United States are suffering under the business shutdowns in place because of the pandemic, but Chinese restaurants are by far the worst-hit segment of the industry, Womply reported. Many Chinese restaurants won't survive the coronavirus pandemic without targeted government intervention, advocates warn. Prior to the coronavirus outbreak, 270 restaurants operated in New York's Chinatown, according to Wellington Chen, executive director of Manhattan's Chinatown Partnership Local De
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