Meituan

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

Alibaba seeks to reclaim e-commerce dominance in China with cross-service loyalty scheme

Alibaba Group Holding is set to launch a new membership programme spanning a range of services from an online marketplace…

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New Business

JD.com reportedly buys majority stake in Hong Kong’s Kai Bo grocery chain

Chinese e-commerce group JD.com reportedly bought a majority stake in Hong Kong grocery chain Kai Bo, marking the mainland company’s…

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New Business

China urged to curb ‘neijuan’ by boosting domestic consumption, innovation-led growth

Stimulating consumer demand and encouraging sustainable innovation are vital to China’s efforts to combat excessive competition – termed neijuan in…

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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

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

Alibaba to roll out ‘Super Saturdays’ event as China’s on-demand delivery market heats up

Alibaba Group Holding will roll out a programme called “Super Saturdays” over the next 100 days to lure more consumers…

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New Business

Meituan’s daily orders hit record 150 million amid heated battle with JD.com and Alibaba

Meituan, mainland China’s top on-demand delivery giant, said on Sunday that daily orders on its platform have surged to another…

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New Business

Alibaba’s US$7 billion subsidy deepens China’s instant e-commerce war with JD.com, Meituan

Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion yuan (US$7 billion) over…

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New Business

Unitree Robotics reaches unicorn status with ByteDance, Alibaba, Tencent funding

Unitree Robotics, a leading player in China’s booming robotics industry, has completed a new round of financing, attracting investment from…

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