
Ele.me and Koubei Merged to Become Alibaba's New Local Life Service Company
Alibaba Group announced today to merge the online food delivery service platform Ele.me and its local commerce platform Koubei into a new local life service com...
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Alibaba Group announced today to merge the online food delivery service platform Ele.me and its local commerce platform Koubei into a new local life service com...
Food delivery platform beU delivery has completed seed round financing worth several million dollars, led by Y Combinator.
ByteDance's Douyin, the sister app of TikTok for mainland China, has set up a new branch responsible for local life business in Chengdu, Sichuan Province and has also set up on-demand delivery and community group-buying distribution businesses.
At the 2022 Global Digital Economy Conference on July 29, Meituan, China's leading e-commerce services platform, displayed many products such as automatic delivery vehicles, drones, smart restaurants and smart pharmacies.
Coffee chain Manner Coffee announced last Sunday that it will launch delivery services in Beijing, Shanghai, Shenzhen and other cities by cooperating with food delivery giant Meituan.
According to the latest equity information from HKEx, on October 25, Neil Shen, the founding and managing partner of Sequoia Capital China, reduced his holdings in Meituan by 2,674,600 shares.
Bytedance's popular video-sharing platform Douyin recently set up a team for a food delivery business, launching an internal test of a mini-program named "Xindong Waimai".
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.
Users of Douyin, the Chinese mainland version of TikTok, can now purchase combo meal delivery services from restaurants through the platform.
ByteDance's short video app Douyin will reportedly launch food delivery services in all major Chinese cities on March 1, following internal testing in Beijing, Shanghai, and Guangzhou.
Regarding the media report "Douyin abandons food delivery," Douyin stated that this information is untrue, and its group purchasing and delivery business is operating normally.
Recently, Chinese food delivery platform Ele.me launched an AI culinary analysis system for merchants named 'exiaowei', trying to help merchants develop new dishes through digital technology and market insight.