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KUAISHOU-W (01024.HK)'s Kuaishou Local Life recently launched an independent 'food delivery' entrance on its 'group buying' ...
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 ...
The past week has seen an escalation in the ‘free drinks war’ between the delivery giants, an extension of their broader ...
China's catering industry is transforming, as internet platform operators become more involved in the food supply chain ...
MEITUAN-W (03690.HK) is continuously enhancing protections for its delivery riders. On the eve of August 7, MEITUAN-W ...
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 ...
Meituan is now the second-best performer on the Hang Seng Tech Index as its Hong Kong-listed shares rallied about 40% this year. The 45-year-old Wang, who now has a net worth of $9.5 billion ...
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.
Meituan's strong 4Q24 results highlight growth potential with rising profits, promising overseas expansion, and innovation driving market success. Read more about MPNGF stock here.
Chinese food-delivery giant Meituan 3690 -0.98% 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 ...