Japan’s food delivery industry is entering a new phase of fierce competition, with major operators locked in a prolonged battle over pricing and market share while profitability remains elusive, raising concerns about the future of domestic player Demae-can, whose stock has plunged roughly 97% from its pandemic-era peak. (News On Japan)

Japan’s GDP, or gross domestic product, grew at an annualized rate of 2.1% from January to March, marking a second consecutive quarter of positive growth, with the impact of Middle East tensions remaining relatively limited during the period. (News On Japan)