Tag Archives: Meituan

Douyin, the Chinese version of TikTok, is competing against Meituan in food delivery and other segments of on-demand e-commerce in the country. Source link

The Chinese internet and artificial intelligence giant has struggled to eke out a profit from high-profile investments such as autonomous driving. Source link

Local authorities in Beijing, Shanghai and other municipalities have called on healthy citizens to help deliver food takeouts, as more riders call in sick. Source link

The show of support from the Central Economic Work Conference comes month after the State Council pledged major new policy commitments to help the country’s digital economy. Source link

The State Administration for Market Regulation, China’s antitrust regulator, has proposed tougher curbs and penalties on unfair practices adopted by internet giants such as Alibaba, Tencent and Meituan. Source link

Hong Kong expansion forms part of Meituan’s push to tap overseas markets as growth slows at home. Source link

Despite billions of yuan of investment by Baidu, Nuomi has failed to make a dent in Meituan’s position in the market. Source link

The market regulator said it strictly prohibited ‘vicious, low-price competition’ and that the relevant delivery platforms needed to ensure food safety in accordance with the law. Source link

ByteDance, parent company of TikTok, will start collecting software service fees from offline merchants that use its mainland Chinese version Douyin to market their business. Source link

Alibaba Cloud president Ren Geng is stepping down, with vice-president Huang Haiqing set to take over, while Alibaba vice-president Guo Jijun has also resigned. Source link