The past week has seen an escalation in the ‘free drinks war’ between the delivery giants, an extension of their broader ...

China’s food delivery market is witnessing a fierce battle as Alibaba and Meituan launch competing promotions offering free ...

Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb “disorderly competition” and cease the price-based ...

Prosus NV has started selling down its stake in Meituan, a holding valued at more than $4 billion, after the Chinese ...

China's catering industry is transforming, as internet platform operators become more involved in the food supply chain ...

Meituan, Alibaba Group, and JD.com jumped on the Hong Kong stock exchange on Monday after a Chinese regulator urged them to tone down their promotional activity, including discounts, in their food ...

The 50% tariffs announced by US President Donald Trump on many Brazilian products took effect Wednesday, a situation that ...

Meituan reported revenue in the three months to March 31 of 86.6 billion yuan, a slightly larger-than-expected 18.1% rise. Fourteen analysts polled by LSEG had expected a 16.5% revenue gain.

Chinese food-delivery giant Meituan 3690 -0.54% reported a near tripling of fourth-quarter profit as revenue jumped, continuing its run of strong earnings even as it faces fierce competition and a ...

Founded in 2010 by serial entrepreneur Wang Xing, Meituan started out as China's Groupon. Now, it is evolving into an all-in-one consumer services destination that is beginning to rival Tencent's ...