Prosus NV has started selling down its stake in Meituan, a holding valued at more than $4 billion, after the Chinese ...

A Chinese mother delivering food with her sick daughter in a meal box has gone viral, drawing sympathy for her dedication and ...

The intensified competition was exemplified last month when they offered incentives such as free cups of milk tea and free ...

China's catering industry is transforming, as internet platform operators become more involved in the food supply chain ...

China's leading e-commerce and food delivery platforms including Meituan, Taobao, Ele.me and JD have pledged to rein in ...

Chinese take out platform Meituan saw its stock drop more than 4% on July 31, hitting a two-week low as Prosus, a major ...

It all began in February when JD .com, one of China’s biggest e-commerce groups, announced that it would enter the market for ...

Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival ...

As China’s digital economy matures, community group-buying platforms are being replaced by faster, more convenient delivery ...

Prosus NV (PROSY) has reportedly started offloading its $4 billion stake in China-based Meituan after the latter announced plans to expand into some markets where Prosus has a presence. According to a ...