Neil Shen, the founding and managing partner of Sequoia Capital China and director of food delivery giant Meituan, had recently reduced his share holdings in the food delivery company.
Regulators have recently conducted an online talk with Meituan to address an issue of wage arrears revealed by food delivery drivers in the northeastern province of Heilongjiang.
Chinese food delivery giant Meituan announced on Friday its audited consolidated results for the year ended December 31, 2021.
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.
On Thursday, Chinese food delivery giant Meituan released their "2021 Social Responsibility Report of Meituan Delivery Personnel Rights Protection" through its official WeChat official account.
Leading Chinese food delivery platforms Ele.me and Meituan plan to reduce commission for pandemic-affected catering merchants.
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.
Chinese food delivery service platform Ele.me has recently piloted smart helmets in Shanghai and other Chinese cities, and plans to deploy over 100,000 helmets nationwide this year.
Residents of pilot cities in China can pay for meals with the digital RMB while taking food delivery on Meituan.
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.
On Friday, Meituan announced the beginning of the first normalized trial route of its UAV distribution in Shenzhen.
Chinese food delivery giant Ele.me said in a post on Thursday that the company is piloting the promotion of smart helmets.
In response to this morning's "temporary failure of Meituan Zhongbao App", Meituan Waimai said on its official Weibo account that the failure had been completely repaired as of 10:46 a.m.
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.
On Friday, Meituan released its financial results for the third quarter of 2021 as of September 30, 2021. The report shows that the company's revenue reached 48.829 billion yuan ($7.6 billion), an increase of 37.9% over last year.
On November 20, the general manager of the Kuailv Division of Meituan changed from Guo Wanhuai to Gao Yulong, the former head of the division's commodity department.
The catering service project "Satisfying Gaifan"(满足盖饭) by mobile transportation platform Didi has undergone further tests.
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.
The Chinese snack brand Xijie has completed its A Round of financing, garnering 295 million yuan ($46.1 million), jointly led by Source Code Capital and Focustar Capital.
On Wednesday, Chinese web retail and services platform Meituan announced a new round of adjustments, including the establishment of a special group to make decisions regarding all retail-related businesses.