China VC Weekly: Food delivery, Supplements, Biopharma and more
This week’s VC landscape has been dominated by smaller players with the biggest round raised barely reaching $122 million.
12/7/20205 min read
Tag: #Food Delivery
Showing 12 of 84 posts with this tag
Meituan Share Price Falls 7% Ahead of Unaudited Quarterly Financial Report Release
Chinese e-commerce giant Meituan on Nov. 30 released its unaudited financial results for the third quarter of 2020 ended Sept. 30, with share price falling about 7% in Hong Kong before its third-quarter results were published.
12/1/20203 min read
TikTok to Launch 300 Delivery-Only Digital Restaurants Across U.S.
The popular short video sharing platform TikTok will cooperate with Virtual Dining Concepts to launch TikTok Kitchen, to provide food delivery services in the United States from March 2022.
12/20/20212 min read
Dingdong Maicai Ready-Made Meals Triple Over Spring Festival
Dingdong Maicai, a leading fresh food e-commerce platform in China, showed that the sales volume of high-end ready-made meals on the platform increased over 3 times year-on-year during the Spring Festival.
2/8/20222 min read
Delivery Platforms Pilot Contactless Services During Coronavirus Outbreak
Ever since the coronavirus outbreak, multiple delivery platforms in China have now proceeded with contactless delivery services.
2/4/20202 min read
Chinese Food Delivery Platforms Embroiled in Controversy Over Responses to Popular Investigative Story
Eleme Inc. and Meituandianping Inc., two of China’s largest online food delivery service platforms, aroused controversy Wednesday after they published statements in response to an investigative story describing the problems that food delivery workers face.
9/10/20206 min read
Douyin Tests Food Delivery Function, Which is Different from Meituan
Short video platform Douyin, Chinese version of TikTok, is now testing a food delivery function “Xindong Waimai” and has put it into limited operation.
9/17/20214 min read
Meituan Conducts Internal Test of New Takeout Order Sharing Platform
Meituan had started an internal test for its new feature called "Fanxiaoquan", a social media platform which allows users to recommend food to their Wechat friends or to a phone number by sharing food delivery orders.
Keeta Expands into the Capital of Saudi Arabia, Furthering Overseas Market Presence
The launch of Meituan's overseas app Keeta in Riyadh, the capital of Saudi Arabia, signifies further expansion into the Middle East market.
10/9/20241 min read
Meituan to Put 100,000 Smart Helmets Into Use in 2022
In order to ensure the safety of delivery drivers, the local life services platform operated by major Chinese tech firm Meituan has announced it will put 100,000 smart safety helmets into use in Beijing and other cities this year.
4/25/20222 min read
Meituan Deliveryman Stabs Customer in Wuhan
On December 22, 2019, a Meituan food deliveryman attacked a supermarket employee with a knife in a shopping mall in Wuhan.
12/23/20192 min read
Meituan Unmanned Drone Settles in Smart Park in Shenzhen, Supports Food Deliverymen
On Friday, Meituan announced the beginning of the first normalized trial route of its UAV distribution in Shenzhen.
12/17/20213 min read