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CHINA MEITUAN
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- China hits food delivery platforms with 3.6 bln yuan fine for 'ghost' deliveriesChina has imposed hefty fines on seven major e-commerce platforms for serious food safety breaches. Companies like Taobao, Meituan, Pinduod...
- China probes competition among food delivery platforms to curb price warChina will investigate cutthroat competition among food delivery platforms operated by tech firms such as Meituan and Alibaba, aiming to r...
- Alibaba's mapping app logs record for daily users on first day of China holidayAlibaba's mapping app Amap recorded more than 360 million daily active users on the first day of China's eight-day National Day holiday on ...
- Chinese food delivery company Meituan's profit slides as competition intensifiesMeituan has nearly 70% of China's delivery market but the company warned that the defence of its customer base will prove expensive in the ...
- China asks food delivery giants to compete fairlyChinese authorities met with major food delivery firms JD.com, Meituan, and Ele.me to address competition issues. Regulators urged adherenc...
- Chinese food delivery giant Meituan beats quarterly revenue estimatesMeituan, which has an app that provides services as varied as bike-sharing, ticket-booking and maps, reported revenue in the three months t...
- Chinese food delivery giant Meituan beats revenue estimatesMeituan, which has an app that provides services as varied as bike-sharing, ticket-booking and maps, reported revenue in the three months t...
- Great Wall of China hikers can now enjoy takeout delivered by droneTourists hiking the Great Wall of China can now have lunch delivered by drone, thanks to Meituan's new service. Launched recently, this fir...
- China's Meituan to buy artificial intelligence firm Light Year from cofounderThe deal comes at a time when AI has captivated investor interest across the globe, prompting a flurry of investments or acquisitions by bu...
- Tencent plans to divest $24 billion Meituan stake: sourcesTencent, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out how to execute a potentially lar...
- Shanghai Composite closes lower as China financial, energy stocks weighThe blue-chip CSI300 index ended 1.0% lower at 5,088.26, while the Shanghai Composite Index declined 0.8% to 3,525.50.
- ByteDance founder donates $77 million amid China billionaires' charity rushThe donation will set up the "Meifang Foundation" to assist teachers with advanced education and support vocational education. The foundati...
- China launches antitrust probe into food delivery giant MeituanThe State Administration for Market Regulation (SAMR) said in a statement that its investigaton is focused on the practice whereby a compan...
- China delivery giant Meituan raises $10 billion to build a warchest for drones, self-driving carsThe robust demand comes as Chinese regulators crack down on technology giants for a range of violations from monopolistic behaviour to flou...
- How a newcomer is dishing out a tough time for AlibabaA gruelling fight between market leaders Meituan and Alibaba is reshaping life for billions of shoppers in China’s busiest cities
- This little-known Chinese startup just hit a valuation of $30 billionWang started Meituan.com in 2010 as a group-buying site similar to Groupon Inc., where people can get discounts by buying electronics or re...
- Why biggest China internet deal between Dianping and Meituan didn’t need two sets of bankersBoutique investment bank China Renaissance Partners advised both discount site Meituan.com and restaurant-review service Dianping.com on th...
- China’s Meituan said to agree to $15 billion Dianping mergerTwo Chinese startups separately backed by Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have agreed to a merger that will create a $...
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