Autonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions...

Shares of delivery platform Meituan surged on Wednesday after Chinese state media and the regulator urged the industry to end a ⁠bleeding ⁠...

China will investigate cutthroat competition among food delivery platforms operated by tech firms such as Meituan ⁠and Alibaba, aiming to r...

The likes of Alibaba, Meituan and JD.com have been flooding consumers with discounts and coupons to gain market share in the booming one-ho...

Meituan has nearly 70% of China's delivery market but the company warned that the defence of its customer base will prove expensive in the ...

The company has poured billions into JD Takeaway, the food-delivery unit it launched in February, to cut reliance on a core retail business...

JD.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...

The 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...

Meituan, which has an app that provides services as varied as bike-sharing, ticket-booking and maps, reported revenue in the three months t...

Meituan, which has an app that provides services as varied as bike-sharing, ticket-booking and maps, reported revenue in the three months t...

Tourists hiking the Great Wall of China can now have lunch delivered by drone, thanks to Meituan's new service. Launched recently, this fir...

The deal comes at a time when AI has captivated investor interest across the globe, prompting a flurry of investments or acquisitions by bu...

The State Administration for Market Regulation (SAMR) said in a statement that its investigaton is focused on the practice whereby a compan...

The robust demand comes as Chinese regulators crack down on technology giants for a range of violations from monopolistic behaviour to flou...

A gruelling fight between market leaders Meituan and Alibaba is reshaping life for billions of shoppers in China’s busiest cities

The 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...

The 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...