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

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

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

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

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

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

Meituan and JD.com are once again revolutionizing China’s delivery industry as the two instant commerce giants begin building thousands of centralized kitchens in cities with high online demand for ...

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

Meituan Profit Soars as Revenue Beats Estimates Despite Rising Competition — Update Global News Select May 26, 2025, 3:31:00 AM ...