food delivery

New Business

Tencent appoints banks for first bond sale in 4 years

Chinese technology and mobile gaming giant Tencent Holdings has appointed banks for its first bond offering in four years. The…

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New Business

Alibaba tops Meituan’s China on-demand delivery, fuelled by 1 million cups of tea daily

Orders on Alibaba’s instant commerce channel Taobao Shangou topped 100 million on Thursday, 20 million fewer than Meituan. After Meituan…

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New Business

How Alibaba and Meituan are fighting for customers, 1 free drink at a time

Shanghai delivery rider Xie Yu was halfway through his shift on Thursday when he realised he would end up with…

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New Business

China’s top market regulator summons Alibaba, Meituan, JD.com over delivery price war

China’s State Administration for Market Regulation (SAMR) on Friday summoned major online food delivery platforms – Alibaba Group Holding’s Ele.me,…

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New Business

Alibaba touts rapid growth in fast-delivery service in heated race with Meituan, JD.com

Chinese e-commerce giants Alibaba Group Holding, Meituan and JD.com are intensifying their costly rivalry in the on-demand fast-delivery sector, with…

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New Business

JD.com vs Meituan: accusations of monopolistic practices arise in food delivery rivalry

Chinese e-commerce giant JD.com, which launched a food delivery service in February, has publicly accused on-demand delivery giant Meituan of…

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New Business

China’s tax agency cracks down on influencers, online merchants amid shrinking revenue

China’s tax authority on Friday published a draft regulation that would require the operators of e-commerce, short-video and social media…

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New Business

Walmart partners with China’s Meituan for 30-minute deliveries ‘anytime, anywhere’

US retail giant Walmart is teaming up with Chinese on-demand delivery giant Meituan, promising speedy door-to-door service on the mainland,…

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New Business

Opinion | Gig economy is failing workers and needs urgent reform

It sounds simple – a source of income with flexible working hours. But it isn’t, as Upstream’s hero found out.…

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