Food Delivery Archives - Page 4 of 5

Meituan to Launch Food Delivery Butler Service for Restaurants, Speeding Growth of Take-away Services

According to DoNews on June 23rd, Meituan announced that it will launch a "Food Delivery Butler Service" to provide free take-away operation support to small and medium-sized restaurants across the country.

Pinduoduo Pulls Ahead with 824 Million Users, Vows to Use Scale for Good

Chinese e-commerce and grocery platform Pinduoduo has reported expectations-beating first-quarter results, backed by a 31% year-on-year increase in annual active buyers to 823.8 million.

After Alibaba, China Extends Its Big Tech Crackdown by Opening Antitrust Probe into Meituan

The Chinese government announced on Monday that it has launched an anti-monopoly investigation into food delivery giant Meituan, stepping up its campaign aimed at reining in the power of the country’s big tech groups.

Food Delivery Service Ele.me Faces Harsh Criticism due to Reportedly Unreasonable Reward System Amid Spring Festival

Labor disputes surrounding China’s leading food delivery service Ele.me are back in the spotlight.

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.

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.

Food Delivery Giant Ele.me Joins Hands with Beijing Daxing International Airport

Passengers at Beijing Daxing International Airport now can have their food delivered to the departure gate as the one-year-old hub is collaborating with Alibaba-affiliated food delivery platform Ele.me.

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.

End of Sharing Economy? Home-Cooked Reportedly Closed

Cooking-sharing app Home-Cooked has halted operations, indicating the downsides of sharing economy in today’s China.

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.

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.

Meituan-Dianping Announce Strong Q3 2019 Results, Bet on New Business Pays off

Meituan-Dianping’s quarterly revenue reached 27.5 billion yuan ($3.9 billion), while the total transaction amount increased by 33.6% year-on-year to 194.6 billion yuan ($27.5 billion).

Ant Financial in Talks to Lead $600 Million Investment in Indian Delivery App Zomato

Ant Financial, the Chinese payments giant, is in talks to lead a $600 million funding round in India’s leading food delivery app Zomato, people familiar with the matter told the Economic Times.

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.

Ant Financial Invests $210 million in Indian Delivery Unicorn Zomato

On Oct. 15, it was reported that Ant Financial, the financial arm of Alibaba Group made a $210 million of strategic investment in the Indian delivery startup Zomato.

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 company.

Meituan Leads in China’s Food Delivery Market, Followed by Ele.me and Baidu

Trustdata released a new mobile Internet report on July 31, unveiling a 6-3-1 shape of the food delivery market in China where Meituan Waimai continues to lead with 60 percent of the market share, followed by Ele.me at 36 percent and Baidu Waimai at 3 percent.

Meituan Unveils Driverless Food Delivery Platform and Multiple Autonomous Vehicles

Ordering a drink or meal at 2 a.m. could be possible in the future, as Meituan unveiled on July 25 more details of its driverless food delivery vehicles.

Meet Swiggy, India’s New Unicorn with Chinese blood

India’s food-delivery startup Swiggy announced yesterday that it had grabbed $210 million for its newest Series G funding, valuing the startup at $1.2 billion and making it the newest entrant of India’s unicorn club.

Ep. 10: Meituan, the Super App that Won Against a Thousand Clones

This week on TechBuzz China by Pandaily, co-hosts Ying-Ying Lu and Rui Ma tell you how Wang Xing, the legendary Chinese serial entrepreneur who started out with “copy to China,” is now standing behind one of the largest unicorns in the world, Meituan-Dianping.

Everything about China's Innovation