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Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb “disorderly competition” and cease the price-based ...
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 ...
Chinese take out platform Meituan saw its stock drop more than 4% on July 31, hitting a two-week low as Prosus, a major ...
China’s catering industry is transforming, as internet platform operators become more involved in the food supply chain.
Meituan led gains in China’s food-delivery shares after the authorities sought to damp down rampant price competition in the ...
Chinese regulators urge Alibaba, Meituan, and JD.com to scale back excessive discounts in food delivery market, amid concerns ...
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 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 ...