Chinese ecommerce giants JD.com and Alibaba have ignited a battle for the country’s fast-growing instant retail market, ...

Meituan, Taobao, Ele.me and JD.com shower consumers with freebies and promotions, leaving customers gleeful and merchants ...

Alibaba matched its all-time high of 80 million on-demand deliveries on Saturday as it intensified its competition with ...

China’s ‘instant commerce’ sector is experiencing a cut-throat price war with companies launching massive subsidy programs ...

A protracted battle in China’s food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., ...

Explore Meituan stock price, quotes, charts and forecasts with Benzinga. Stay updated on market trends for MPNGF.

Daily delivery volumes at the mainland’s top on-demand delivery giant reached 150 million from 120 million last week.

Inside China, price wars are far more dangerous than US tariffs. As President Xi Jinping starts to address the country’s ...

Chinese delivery giant Meituan said its on-demand delivery business hit a record high over the weekend, with more than 120 ...

Some major Chinese companies are attempting to gain a foothold in new markets such as Brazil, the New York Times ...

Meituan reported revenue in the three months to March 31 of 86.6 billion yuan, a slightly larger-than-expected 18.1% rise. Fourteen analysts polled by LSEG had expected a 16.5% revenue gain.