China's State Administration for Market Regulation Unveils 43 Anti-monopoly Cases
Most of them were internet enterprises, including Baidu, Alibaba, Tencent, Meituan, ByteDance, JD.com, Suning.com, Sina, 58 Group and more.
11/23/20212 min read
Tag: #Meituan*
Showing 12 of 85 posts with this tag
Online Car-hailing Orders in China Decreases by 11.6% in April amid Covid Outbreak
The Ministry of Transport announced on Wednesday that China's online car-hailing supervision information exchange platform received a total of 476.02 million orders in April, down 11.6% from the previous month.
5/12/20222 min read
New Adjustment to Meituan's Retail Business: General Manager of Kuailv Division Changed
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.
11/22/20212 min read
Meituan Q3 Revenue Reaches $7.6 Billion; Annual Transacting Users Reaches 667.5 Million
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.
11/26/20213 min read
Tencent Alpha Tests Community Group Buying Product
Chinese tech giant Tencent has recently alpha tested a community group buying (CGB) applet "Exiangtuan" (鹅享团 Èxiǎngtuán) on WeChat.
2/21/20222 min read
Market Regulators in Xi'an Summon E-commerce Platforms to Stabilize Commodity Prices During Local Bout of COVID-19 Cases
Local market regulators in Xi'an, the capital of Northwest China's Shaanxi Province, have summoned more than 20 e-commerce and online food delivery platforms, including JD.com, Meituan and Freshippo.
12/28/20211 min read
3D Sensor Chip Firm Adaps Photonics Secures Financing Led by Meituan's Long-Z Investments
3D sensor computer chip firm Adaps Photonics announced on Monday that it has completed C-round financing worth several hundred million yuan, with Meituan’s Long-Z Investments as the lead investor.
4/11/20222 min read
JD.com to Attempt Food Delivery Business
Chinese e-commerce company JD.com will attempt to develop a food delivery business. Under the arrangement, merchants will operate through the JD Daojia app.
6/10/20222 min read
Meituan Responds to Netizens’ Criticism That Accounts Are Easily Stolen
A netizen posted a message criticizing Meituan's account security system on Weibo, complaining his account was reconnected to another mobile phone number by someone else.
10/11/20213 min read
North Ocean Photonics Announces Completion of Nearly $62.7 Million Series B+ Financing
North Ocean Photonics, a Chinese photonic technology company, announced on Monday that it has secured nearly 400 million yuan ($62.7 million) in Series B+ financing.
11/22/20213 min read
Meituan and Ele.me to Strictly Forbid Inducing or Forcing Delivery Riders to Register Individual Industrial and Commercial Households
Rumors have spread concerning food delivery platforms requiring their riders to register as individual industrial and commercial households, so as to avoid a responsibility that companies should bear. Meituan and Ele.me responded.
9/15/20213 min read
JD.com to Research Potential Move Into Food Delivery Sector
Xin Lijun, the CEO of JD Retail, said in an interview that JD.com was studying the possibility of entering the field of food delivery.
6/17/20222 min read