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 ...
Thailand to allow foreign tourists to convert Crypto to BahtThailand will launch the TouristDigipay program in late 2025, allowing foreign tourists to convert digital assets into baht for local spend...
Gunfire and no guests: Cambodia border clash a real threat for Thailand’s travel economyThailand’s tourism, already fragile, faces a severe setback amid heavy artillery clashes with Cambodia along their disputed border. Travel ...
Over 200 foreigners rescued from scam centres still stranded along Thai-Myanmar borderOver 200 foreign nationals rescued from Myanmar scam centers remain stranded on the Thai border, under the care of the Karen National Army....
Even ‘White Lotus’ buzz isn’t reviving Thailand’s tourism slumpThailand's tourism sector is struggling, with foreign arrivals dropping for the fourth consecutive month in May — down 14% to 2.6 million. ...
How is Chinese remake Of 'Anaconda' different from original film? Watch its trailerIn the original 'Anaconda', the main attraction was the monstrous snake, which was made partially animatronically and partially with the he...
Beijing sets up $120 billion credit line to drive infrastructureGrowth has slowed sharply in recent months as the Communist leadership sticks to a strategy of quashing virus clusters with mass tests and ...
Tencent chief causes stir with repost of article on China's economyThe article, which Pony Ma reposted early on Saturday, lamented that there were few people in China willing to speak up about the pressures...
Xi warms up China's economy, but virus narrows optionsLockdowns across dozens of cities -- from the manufacturing hubs of Shenzhen and Shanghai to the breadbasket of Jilin -- have wreaked havoc...
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...
A 1,100-year-old poem cost Meituan’s outspoken CEO billionsThe seemingly extreme reaction to Wang’s post underscores how much markets remain on edge months after Beijing launched a crackdown against...
China's super rich got $1.5 trillion richer during pandemic: ReportJack Ma, the founder of e-commerce titan Alibaba, once again topped the list after his wealth surged a whopping 45 per cent to $58.8 billio...
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
Next-gen tech giants from China gear up to invade IndiaToutiao, Meituan Dianping and Didi Chuxing are aggressively looking to expand in India through investments and partnerships.
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...
Besties? Why Alibaba, Tencent are teaming up in $15 billion dealJack, founder of Alibaba Group Holding Ltd., and Pony, founder of Tencent Holdings Ltd., are joining forces for the second time this year.
- Rise & Rise of China’s Internet Billionaires
Chinese group Alibaba's moves to take its flagship ecommerce site alibaba.com private by offering minority investors an eyepopping premium.