Chinese take out platform Meituan saw its stock drop more than 4% on July 31, hitting a two-week low as Prosus, a major ...

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 ...

It all began in February when JD .com, one of China’s biggest e-commerce groups, announced that it would enter the market for ...

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

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 ...

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

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

Many riders work 14 to 15 hours a day. Meituan has introduced a feature that requires workers to rest after 12 hours, but ...

Meituan Profit Soars as Revenue Beats Estimates Despite Rising Competition — Update Global News Select May 26, 2025, 3:31:00 AM ...

Meituan Dianping, a Chinese startup whose app offers services like food delivery and hotel bookings, raised about $4.2 billion from its Hong Kong IPO, defying a weak market to show investors ...