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Alibaba, Meituan, and JD.com commit to end price-based competition in food delivery sector after regulatory scrutiny.
Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb “disorderly competition” and cease the price-based ...
China's catering industry is transforming, as internet platform operators become more involved in the food supply chain ...
Prosus NV has started selling down its stake in Meituan, a holding valued at more than $4 billion, after the Chinese ...
Chinese take out platform Meituan saw its stock drop more than 4% on July 31, hitting a two-week low as Prosus, a major ...
The intensified competition was exemplified last month when they offered incentives such as free cups of milk tea and free ...
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 ...
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Meituan, Alibaba, JD.com Stocks Rise In Hong Kong As Chinese Regulator Asks Them To Tone Down Aggressive PromotionsMeituan, Alibaba Group, and JD.com jumped on the Hong Kong stock exchange on Monday after a Chinese regulator urged them to ...
As China’s digital economy matures, community group-buying platforms are being replaced by faster, more convenient delivery ...
Meituan Dianping, a Chinese startup whose app offers services like food delivery and hotel bookings, raised about $4.2 billion from its Hong Kong IPO, defying a weak market to show investors ...
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