China will investigate cutthroat competition among food delivery platforms operated by tech firms such as Meituan and Alibaba ...
The move comes as aggressive discounting and subsidy-driven tactics squeezed profitability in the food delivery sector.
Meituan’s share of the instant-delivery market is forecast to fall from 73 per cent in 2024 to 55 per cent by 2027, while ...
Alibaba Group Holding Ltd. is launching a service to help restaurants use AI to showcase interiors, part of a broader effort ...
Amap, Alibaba’s mapping and local services arm, plans to let restaurants create 3D interior visuals by uploading simple ...
Tech giant Alibaba Group Holding (BABA) is launching a new artificial intelligence tool designed to help restaurants create ...
Delivery giant Meituan is moving away from the fixed commission fee it charges restaurants to one that takes into account distance, price, and time of the delivery, according to local media reports.
Meituan takeaway staff drive on the road in Hohhot, North China's Inner Mongolia Autonomous Region. China's logistics prosperity index in November stood at 57.5, up 1.2 points from the previous month, ...
Meituan Dache, the ride-hailing app of China's online food delivery giant Meituan, was re-launched on app stores from Friday, after apps of Didi Chuxing were barred from registering new users and were ...
Meituan, the country’s largest on-demand delivery service provider, is facing a likely fine of billions of yuan as a result of an antitrust probe from Beijing regulators, a fate similar to what befell ...
Meituan-Dianping (3690.HK) enjoyed a strong debut today in Hong Kong, a sign that investors are confident in the Tencent-backed company’s prospects despite its cash-burning growth strategy, heavy ...
Chinese companies are increasingly experimenting with AI, to enhance existing businesses and carve out new markets.