Pinduoduo launched Duo Duo University as a local program in Yunnan Province that provides week-long training to equip farmers with important digital skills.
Chinese EV Maker Leading Ideal is expected to have its IPO in July or August, which is sill in dispute by people.
Though hit by COVID-19 pandemic, Meituan Dianping's market value rocketed, becoming the third most valuable internet company in China.
Didi called the police to probe into the alleged sexual assualt and denied the acquisition rumor.
Meituan Dianping's revenue in the first quarter was 16.75 billion yuan, a year-on-year decrease of 12.6%.
Meituan has rolled out live streaming features on its platform to promote traveling and provide training to tenants. E-commerce platform Pinduoduo has also launched a series of virtual travel via live broadcasts.
Chinese food delivery service company Meituan Dianping (Meituan) warned a negative year-on-year revenue growth and operating loss for the first quarter of 2020 as a result of the pandemic.
China’s VC activity is beginning to recuperate with a series of notable investments from ByteDance, Meituan Dianping, Matrix Partners China and others.
On March 4, Wang Xing, the founder and CEO of Meituan Dianping, issued an internal letter to commemorate the tenth anniversary of its establishment.
According to Meituan Bicycle’s big data, the number of cycling trips nationwide increased by about 86% on weekdays last week compared with two weeks ago.
Representatives of the Central Bank pointed out that even if approved, the loans will be far smaller than the 4 billion and 5 billion yuan sought by the companies.
More than 300 companies have applied for loans from local banks in Beijing in recent days, totaling at least 57.4 billion yuan.
Ever since the coronavirus outbreak, multiple delivery platforms in China have now proceeded with contactless delivery services.
Meituan Dianping's co-founder and Senior Vice-President Wang Huiwen will retire from his management role as of December 2020.
In Episode 58 of Tech Buzz China, our first episode of the new decade, co-hosts Rui Ma and Ying-Ying Lu talk about grocery e-commerce, or buying fresh food over the internet.