Showing 12 of 85 posts with this tag
Meituan and the Jinshan District Government of Shanghai jointly announced that China's first urban low-altitude logistics operation demonstration center has officially settled in Shanghai.
Last Saturday, officials from the Chinese government required Meituan, Alibaba and other enterprises to hold a meeting, demanding that they effectively protect the rights and interests of workers such as food delivery riders.
On Friday, Meituan announced the beginning of the first normalized trial route of its UAV distribution in Shenzhen.
Recently, Xianglu Technology announced that it had obtained 100 million yuan ($16 million) in angel round financing from Source Code Capital.
Different people may approach this question differently. But I would like to offer the best choice in my mind: Wang Xing, CEO of Meituan.
In last week’s VC news, one of China’s most active VCs Lightspeed China Partners closes the largest fundraising round in its history, and more.
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.
Reports have surfaced in Chinese media lately alleging that Meituan has initiated a round of layoffs covering its online ride-hailing department, its grocery e-commerce platform Youxuan, and its hotel and travel division.
Chinese food delivery giant Meituan announced on Friday its audited consolidated results for the year ended December 31, 2021.
Inceptio Technology, a leading autonomous truck company, announced on Tuesday it has completed a B round of financing worth $270 million.
“There are two 18-year-olds, one in China, the other in the United States, both poor and short on prospects. You have to pick the one with the better chance at upward mobility. Which would you choose?”
The leading two companies in the domestic food delivery industry – Meituan and Ele.me – are now promoting "group buying food" services, while keeping a low profile.