Not long after Chinese bike-sharing start-up Ofo withered away, its longtime rival Mobike has begun to withdraw from overseas markets.
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.
Chinese on-demand service platform Meituan-Dianping overthrows Apple as the world’s most innovative company according to a recent ranking of American business magazine Fast Company.
Meituan-Dianping, China’s online food delivery-to-ticketing service platform, announced that the company enters partnerships with international firms for the development of its autonomous delivery open platform.
In Ep. 25 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Alibaba’s recent moves to firm up its strategy around local services, putting pressure on Meituan-Dianping to defend itself.
Please check out the hot new trending topics in China last week:
On Sept. 20, Meituan-Dianping started trading at the Hong Kong Stock Exchange.
Meituan-Dianping (Meituan), one of the most popular local online group purchase platforms in China, updated the operating data throughout its IPO Prospectus on September 3.
Meituan Hotels has overtaken Ctrip to rank first in China on the fronts of order volume and nights booked in Q2 2018, according to a report released on August 30 by Trustdata, a mobile internet data monitoring company.
This episode of TechBuzz China is our second of two focused on bike-sharing in China.
Three CEOs of Chinese tech giants are among the top 10 of Fortune’s new “40 under 40” list released by the magazine on July 20.
Recently Meituan-Dianping and WeChat both came under fire for privacy and security related scandals.
Meituan-Dianping submitted the file for its Initial Public Offering (IPO) to Hong Kong stock exchange on June 22, targeting to raise $6 billion in funds. It will compete with the incoming IPO of Xiaomi in scale with a funding target of $6.1 billion.
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.
Tencent-backed Chinese Internet giant Meituan-Dianping is seeking to go public in Hong Kong at an evaluation of $60 billion. According to The Information, it is reported that Wang Xing, CEO of Meituan, was in Hong Kong tapping several banks for listing details.