Alibaba Targets Hong Kong IPO
Bloomberg has reported that Alibaba will choose China International Capital Corp. and Credit Suisse Group AG to lead the share sale for their Hong Kong offering.
Meituan Expands “aggregation” Ride-hailing Pilot Service into 10 More Cities
Meituan added 10 cities to its ride-hailing pilot project. The “aggregation mode” allows users to call a taxi on different platforms with one click. New cities include Qingdao, Wuxi, Taiyuan, Dongguan, Foshan, Fuzhou, Xiamen, Beijing, Dalian and Harbin.
10 Must-Have Apps for Travelers and Expats in China
Whether you are a traveler or expat in China, there are a few apps you’ll need to get to enhance your experience in China. We’ve compiled a list of 10 apps you must download before going to China.
Mobike Hits the Brakes on its Singapore Branch
Not long after Chinese bike-sharing start-up Ofo withered away, its longtime rival Mobike has begun to withdraw from overseas markets.
Meituan Reports Growing Losses, Followed by Stock Slide
China’s online food delivery-to-ticketing company Meituan Dianping reported a total loss of 115 billion yuan in last year, and an 11 billion yuan operating loss, dropping down by 190 percent compared to that of 2017.
Meituan-Dianping Named the World’s Most Innovative Company by Fast Company
Chinese on-demand service platform Meituan-Dianping overthrows Apple as the world’s most innovative company according to a recent ranking of American business magazine Fast Company.