Meituan Waimai Opens Digital RMB Payment Channel
Residents of pilot cities in China can pay for meals with the digital RMB while taking food delivery on Meituan.
1/5/20221 min read
Tag: #Meituan*
Showing 12 of 85 posts with this tag
Three Meituan Grocery E-Commerce Divisions Establish Unified Platform
Three business divisions of Beijing-based e-commerce firm Meituan – including grocery platforms Youxuan and Maicai, and distribution arm Kuailv – have together set up a unified functional center.
3/4/20223 min read
Hurun Releases 500 Most Valuable Private Chinese Companies 2021
The Hurun Research Institute released on Wednesday the their Most Valuable Private Companies 2021, a list of the Top 500 China non-state-controlled enterprises ranked according to their value.
1/19/20223 min read
Meituan Sets Up Special Team for Retail-Related Business
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.
10/28/20213 min read
Zhenyun Technology Completes C Round Financing of RMB 650 Million Led by Meituan's VC DragonBall Capital
On November 26, digital procurement service provider Zhenyun Technology announced the completion of a RMB 650 million ($102 million) C round of financing, led by Meituan's venture capital fund DragonBall Capital.
11/29/20212 min read
JD Retail Announces New Executives
36 Kr reported on Thursday that JD Retail has adjusted its personnel, appointing Feng Yi, former president of Dashang Super Omni-channel Business Group, as president of its Fashion Home Business Group.
8/5/20212 min read
Meituan Improves Service Evaluation Rules for Delivery Personnel
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.
3/3/20222 min read
Principal of DCM Ventures Dies of Mental Breakdown after Attending Mental Destruction Courses
On August 16, Sara Wei, principal of DCM Ventures, died at the age of 32. She had taken a course in the LEGACY Power Leap Workshop and fainted while in the classroom.
8/17/20213 min read
Source Code Capital, ByteDance and Meituan Shareholder, Raises RMB Fund Worth $1.1 Billion
Source Code Capital, a Chinese venture capital firm, announced on Monday that it had completed its fifth RMB-denominated fund at over 7 billion yuan (almost $1.1 billion), taking just over three months.
10/11/20212 min read
Didi's ChengXin Youxuan Shrinks Service Area
Chengxin Youxuan, a community group-buying grocery unit backed by Chinese ride-hailing platform Didi, began to scale back its business operations to nine provinces in only three regions, LatePost reported on Tuesday.
9/8/20213 min read
Tech Tycoons Embrace Philanthropy as China Pushes for “Common Prosperity”
Pinduoduo pledged to donate all of its net profit since going public and future earnings to support the country’s farmers and agriculture area until it’s given away a total of 10 billion yuan.
8/26/20214 min read
Meituan Receives $533.8 Million Fine for Monopolistic Behavior in Online Food Delivery Service Market
China's State Administration for Market Regulation on October 8 reached a decision to penalize domestic food delivery giant Meituan.
10/8/20214 min read