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

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

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

The three companies have sought to out-do each other with a series of discounts and subsidies aimed at carving out a greater ...

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

Prosus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial ...

A Chinese mother delivering food with her sick daughter in a meal box has gone viral, drawing sympathy for her dedication and ...

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 ...

The company is integrating Douyin Supermarket and Douyin Hourly Delivery, as it strives to strengthen its e-commerce business ...

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