Meituan

New Business

Alibaba’s long-awaited China stock link may provide timely boost

Chinese investors finally being able to buy shares of Alibaba Group Holding may provide a much-needed boost for the e-commerce…

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New Business

Meituan launches 30-minute delivery services for home appliances in China in Midea deal

Chinese food delivery giant Meituan has partnered with Midea, one of the world’s largest home appliances makers, to enable app…

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Tech

ByteDance cracks down on corruption, bribery amid 125 cases reported in first half of 2024

The hardline stance by the world’s largest unicorn shows the lengths it is taking to retain and attract talent, as…

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New Business

China’s winter sports push heats up as experience economy gathers pace with indoor skiing

Average temperature reached record highs in China in July, but Shenzhen’s indoor ski resorts offered a stark contrast to the…

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Tech

China’s leading apps, including WeChat and Taobao, test proposed national cyber ID system

Chinese internet users can apply for a virtual ID, according to the regulation, “on a voluntary basis” to verify their…

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Tech

Hong Kong fund strikes another AI deal with Beijing robot maker Galbot to boost industry

Hong Kong Investment Corporation (HKIC), a HK$62 billion (US$8 billion) government fund, has inked a partnership with Galbot, a Beijing-based…

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Tech

ByteDance-owned TikTok explores local services markets in Indonesia and Thailand

TikTok, the global hit short video platform owned by ByteDance, is set to jump into Southeast Asia’s local services sector,…

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