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The company operates online platforms for food delivery and other consumer products Meituan plans to raise around US$3 billion in what would be its largest regular bond issuance ever, as…
The company has faced an increasingly crowded field in China’s food delivery sector, where rivals have been slashing prices Chinese food delivery company Meituan is looking to raise nine…
Meituan has launched a new artificial intelligence (AI) agent app that aims to boost its food delivery and local services business, as its battle with Alibaba Group Holding for Chinese…
China’s leading food delivery group Meituan, reported on Wednesday (Aug 27) a fall of 89 per cent in second-quarter adjusted net profit as it looks to stave off rising competition in the…
The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts say China’s leading food delivery group…
While much of the world is focused on a volatile international trade war, two of China’s largest Internet companies are inflicting greater damage on each other at home. JD.com has launched…
The move is a response to a rival forbidding riders from accepting delivery orders from JD, the company says .com plans to add 100,000 full-time riders within the next three…
Chinese food delivery giant Meituan, which operates the Keeta brand in Hong Kong and Saudi Arabia, is set to expand to more Middle Eastern and North African countries, according to two…
CHINA’S largest food delivery firm Meituan posted a bigger-than-expected 22.4 per cent rise in third-quarter revenue on Friday (Nov 29), defying sluggish Chinese consumption. Meituan,…
