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

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

The city, formally a special zone of China, retains much of its international culture and customs, making it an attractive test bed for Chinese companies.

The three companies have sought to out-do each other with a series of discounts and subsidies aimed at carving out a greater ...

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

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 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 ...

The company is integrating Douyin Supermarket and Douyin Hourly Delivery, as it strives to strengthen its e-commerce business ...

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

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