Deep-Pocketed Meituan Looks to Build on Its Hong Kong Victory
Simon Miao, a Hong Kong resident, signed up for a food-delivery subscription with Deliveroo during the pandemic, but he later ...
Alibaba, Grab, Tencent, Meituan Gear Up For Growth As China Bets On Services To Revive Economy
Grab Holdings GRAB is reportedly acquiring the supermarket chain Everrise in Malaysia to expand its grocery business further ...
China’s delivery platforms compete to offer better worker benefits
JD.com is providing social security schemes for drivers, including housing fund benefits and various types of insurance.
Deliveroo Exits Hong Kong Under Pressure From Meituan’s App
Deliveroo Plc will close its Hong Kong business after weak sales and mounting competition in the city weighed on the ...
China’s Economic Plan Is Light on Detail as Trade War Intensifies
The country’s top leaders set an optimistic growth target but gave few hints of how to achieve it as their export-led ...
TechNode8d
Meituan’s next decade: expands global footprint with focus on retail and AI
Meituan, China’s local services platform, is accelerating its global expansion with a renewed focus on grocery retail, ...
China Shakes U.S. Tech Stock AMD as it Pledges New Funds to Help AI Tigers Roar
China is looking for the next DeepSeek to rattle U.S. tech stocks like Advanced Micro Devices (AMD) after it signed off ...
scmp.com3d
Food delivery platform Deliveroo to exit Hong Kong market in April
Meituan, China’s largest food delivery company, operates the Keeta brand in Hong Kong and Saudi Arabia and is listed on the city’s stock exchange. “We want to thank all our employees ...
The Edge Singapore3d
Deliveroo exits Hong Kong in face of Meituan rivalry
The London-based delivery company will sell some assets to rival Foodpanda, owned by Delivery Hero SE, and close other assets ...