Meituan

New Business

My Take | With ‘instant commerce’, China’s first-world infrastructure faces third-world spending

A new battle in China’s e-commerce war has erupted in the form of “instant commerce”, a combination of online shopping…

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New Business

Hong Kong stocks decline as US-China tariff tensions weigh on market sentiment

Hong Kong stocks fell for the first time in four days on Thursday, as sentiment deteriorated after the US Treasury…

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New Business

China’s ‘involution’ trap is hurting nation’s competitiveness, state media warns

Chinese state media has refreshed its calls for local-level governments and businesses to refrain from unhealthy, exhausting competition that is…

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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

BYD shares nosedive after US$5.6 billion placement announcement

Investors rebuked BYD for its surprise stock placement plan by selling down the shares of China’s biggest electric-vehicle (EV) maker,…

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China’s robotics star Unitree warns of scams as investors seek a way in

Unitree Robotics, one of the hottest start-ups in China, issued a warning about scams that aimed to exploit growing interest…

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New Business

Retail portion of Mixue’s IPO sets record with nearly US$206 billion in subscriptions

The retail portion of the Hong Kong initial public offering (IPO) for China’s largest fresh-drinks chain, Mixue Group, attracted more…

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New Business

China’s Ele.me joins Meituan, JD.com in vowing welfare coverage for armies of riders

In quick succession, three major online platforms in China – JD.com, Meituan and Ele.me – have unveiled plans to provide…

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New Business

Hong Kong stocks rise on Goldman’s DeepSeek-led upgrade, Beijing tech meeting

Hong Kong stocks jumped on Monday towards a five-month high after Goldman Sachs raised its targets for Chinese equities, betting…

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New Business

Hong Kong stocks nudge upwards, on track for biggest week since October

Hong Kong stocks advanced on Friday, boosted by tech names, coming close to reclaiming an October peak even as some…

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