A Meituan executive said the company had no choice but to join the latest round of what he called “irrational competition” ...

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

Alibaba Group Holding is launching a 100-day campaign to boost orders and lure customers away from rivals Meituan and JD.com in China's instant delivery market.

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

Meituan, whose app provides services including bike-sharing, ticket-booking and maps, made net profit of 3.36 billion yuan ($486 million) versus a loss of 5.7 billion yuan a year earlier.

Chinese food delivery giant Meituan posted a bigger-than-expected 21.4% rise in quarterly revenue on Friday as it fended off competition from powerful rivals such as Alibaba-backed Ele.me.

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 ...

Meituan is one of China’s top tech companies and leading food delivery providers, with a platform that boasts more than 667 million active users. Despite the new measures, ...

Meituan’s in-store, travel, and hotel segment saw impressive growth last year, and contributed the most to Meituan’s overall gross profits. The segment grew by 25.6% year-on-year in 2019 to RMB 222.1 ...

Meituan Dips Below 2018 IPO Price as Selloff Reaches Extremes. Stock down 85% from all-time high on worry over outlook, macro ‘The market has been overly negative’ on Meituan, Goldman says ...