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The fight escalated this week as both companies accused each other of blocking delivery riders from accepting orders from ...
The move reflects the e-commerce giant’s commitment to expanding its recently launched food delivery business, analysts say.
TecDax 3.415 10:53:45-0,03% 10:53:45 ...
The shares of Meituan, JD, and Dada Nexus were down 8%, 6%, and 1%, respectively, on April 16. Why it matters: We estimate Meituan's food delivery net margin is in the high 10s to low 20s ...
Meituan’s instant retail performance has exceeded expectations, Meituan founder Wang Xing said. There is still huge growth potential in all the towns, counties and cities where the services are ...
China's exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in U.S. tariffs imposed by U.S.
The company says the model is already improving operational efficiency. Meituan founder Wang Xing pledged “billions of yuan” for AI development, and promised to “play offense” to compete with other ...
"We use three rolls of receipt paper and 5 kilograms of coffee beans on average every day," says Wang Zechang ... Data from e-commerce platform Meituan show that in 2024, coffee delivery orders ...
BEIJING (SCMP): Chinese actor Wang Xing, who was rescued in January after being abducted from Thailand and taken to Myanmar, found himself in the spotlight again when a Chinese reality show asked ...
US tariff hike an 'unprecedented blow' to e-commerce industry -association head China home to around half of Amazon's sellers and also manufacturers for Shein, Temu Sellers say they are looking to ...
Malaysian-born actress Stephenie Lim has ended her tumultuous marriage to scandal-plagued Hong Kong actor Sun Xing for the second time. In a statement on Tuesday (April 8), Lim, 54, revealed that ...