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Prosus NV has started selling down its stake in Meituan, a holding valued at more than $4 billion, after the Chinese ...
China's catering industry is transforming, as internet platform operators become more involved in the food supply chain ...
A Chinese mother delivering food with her sick daughter in a meal box has gone viral, drawing sympathy for her dedication and ...
Meituan and JD.com are once again revolutionizing China’s delivery industry as the two instant commerce giants begin building thousands of centralized kitchens in cities with high online demand for ...
The intensified competition was exemplified last month when they offered incentives such as free cups of milk tea and free ...
Chinese take out platform Meituan saw its stock drop more than 4% on July 31, hitting a two-week low as Prosus, a major ...
It all began in February when JD .com, one of China’s biggest e-commerce groups, announced that it would enter the market for ...
Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival ...
Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb “disorderly competition” and cease the price-based rivalry that’s threatened to erode margins and prompted warnings from ...
As China’s digital economy matures, community group-buying platforms are being replaced by faster, more convenient delivery ...