Prosus NV has started selling down its stake in Meituan, a holding valued at more than $4 billion, after the Chinese ...

The intensified competition was exemplified last month when they offered incentives such as free cups of milk tea and free ...

Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival ...

The three companies have sought to out-do each other with a series of discounts and subsidies aimed at carving out a greater ...

Chinese take out platform Meituan saw its stock drop more than 4% on July 31, hitting a two-week low as Prosus, a major ...

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 company is integrating Douyin Supermarket and Douyin Hourly Delivery, as it strives to strengthen its e-commerce business ...

Chinese regulators urge Alibaba, Meituan, and JD.com to scale back excessive discounts in food delivery market, amid concerns ...

Meituan led gains in China’s food-delivery shares after the authorities sought to damp down rampant price competition in the ...

Meituan share price rose by over 2.75% on Monday to H$133.4, up from the year-to-date low of H$116.2. What next for Meituan?