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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 ...
Meituan-Dianping, which was valued at $30 billion in a fundraising round last year, is well on its course to become China’s next super app. The Beijing-based company provides a wide range of ...
Daily delivery volumes at the mainland’s top on-demand delivery giant reached 150 million from 120 million last week.
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Inside China, price wars are far more dangerous than US tariffs. As President Xi Jinping starts to address the country’s ...
Chinese food-delivery giant Meituan 3690-0.50 % decrease; red down pointing triangle reported a near tripling of fourth-quarter profit as revenue jumped, continuing its run of strong earnings even ...
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 ...
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 ...