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

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

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 ...

China's top market regulator announced on Friday that it has summoned major platform companies, including Ele.me, Meituan and ...

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

China's leading e-commerce and food delivery platforms including Meituan, Taobao, Ele.me and JD have pledged to rein in ...

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

Although softer US consumer sentiment presents a near-term headwind, Booking's leading network of hotel properties and other services continues to expand in developed and emerging markets, as well as ...

Prosus has begun offloading its stake in Meituan, selling USD 250 million in shares as the Chinese firm’s global expansion puts it in direct competition with Prosus-backed businesses in markets like ...

Leading Chinese food delivery platforms Meituan, Eleme, and JD.com all posted statements on Friday, vowing to curb disorderly ...

Alibaba Group, Meituan and JD.com pledged to scale back "disorderly competition" and halt the food-delivery price war that has weighed on margins and drawn warnings from Chinese regulators.

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