LatePost

New Business

Alibaba-Meituan battle heats up as rivalry expands into in-store dining: report

That new initiative is expected to start on Saturday in selected districts in Shenzhen, Shanghai and Jiaxing, a city in…

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New Business

Meituan executive bemoans ‘irrational’ instant-commerce price war with Alibaba, JD.com

A Meituan executive said the company had no choice but to join the latest round of what he called “irrational…

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New Business

China’s ByteDance in race with US rivals to drive artificial general intelligence

Operating under the Beijing-based firm’s Doubao AI model team, Seed Edge will focus on “exploring innovative paths” to artificial general…

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Tech

ByteDance-owned Douyin said to miss first-half e-commerce sales goal amid weak consumption

ByteDance-owned Douyin, the Chinese version of global hit short video platform TikTok, missed its target gross merchandise value (GMV) in…

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