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

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

China's catering industry is transforming, as internet platform operators become more involved in the food supply chain ...

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 ...

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

Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb “disorderly competition” and cease the price-based rivalry that’s threatened to erode margins and prompted warnings from ...

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?

As China’s digital economy matures, community group-buying platforms are being replaced by faster, more convenient delivery ...

Prosus NV (PROSY) has reportedly started offloading its $4 billion stake in China-based Meituan after the latter announced plans to expand into some markets where Prosus has a presence. According to a ...