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MEITUAN FOOD DELIVERY
China seeks to rein in 'unfair' food delivery competition with new rulesChina is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns th...- Kimi chatbot maker Moonshot AI valued at $20 billion in Meituan-led roundMoonshot AI has secured approximately $2 billion in its latest funding round, propelling its valuation to over $20 billion. This significan...
- 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...
- Robots, drones could slash global food delivery costs to $1 per order, Barclays saysAutonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions...
- Chinese food delivery giants surge as regulator, state media call end to price warShares of delivery platform Meituan surged on Wednesday after Chinese state media and the regulator urged the industry to end a bleeding ...
- 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...
- China's ecommerce companies are getting singed by a price warThe likes of Alibaba, Meituan and JD.com have been flooding consumers with discounts and coupons to gain market share in the booming one-ho...
- 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 ...
- JD. com faces battle to gain ground in China's instant delivery marketThe company has poured billions into JD Takeaway, the food-delivery unit it launched in February, to cut reliance on a core retail business...
- Chinese ecommerce giant JD. com sales rise after costly food delivery pushJD.com recorded a jump in first-quarter revenue Tuesday, as the Chinese e-commerce giant makes a costly push to establish itself in the cou...
- Chinese ecommerce giants make expensive bets on fast deliveriesThe new turf war focused on speed is coming at a high cost in the short term as the ecommerce giants look to entice consumers with hefty di...
- 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...
- 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
- Swiggy looks to bring medicines, groceries to youThe development comes even as Swiggy is in talks to raise over $200 million from DST Global and hedge fund Coatue Management in a round tha...
- Naspers, Meituan Dianping deliver $100 million to SwiggyThe deal is likely to have valued the four-year-old venture at about $600-650 million before the investment, according to people aware of t...
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