Chinese food delivery and lifestyle services platform Meituan-Dianping (Meituan) has announced an organizational adjustment to launch a premium business division for community group buying services.
Chinese food delivery and services platform Meituan and ride-hailing giant Didi have recently made major moves into the e-bike rental market, each placing bulk orders for electric bicycles to secure a larger share of an emerging market that promises better returns than bike-sharing.
While Gojek has reportedly denied its involvement in such talks, a potential merger between the two does not sound like something completely out of the question.
With the Year of Rat approaching, Dazhong Dianping, the popular Chinese restaurant and service rating app released its “New Year Flavor Map 2020” revealing the hottest trends in food consumption in the past year.
Smart cities and smart transportation are what Chinese tech giants have been obsessed with since AI, 5G and IoT turned from hackneyed buzzwords to everyday reality.
When it seemed like we were about to hear the eulogy to the troubled industry, Meituan-Dianping and Didi Chuxing – companies that timely bought into bike-sharing flag-bearers Mobike and Bluegogo – started revitalizing their bicycle fleets.
In Meituan Dianping’s earnings announcement last week, the company said profit increased to 875.8 million yuan ($123.66 million) in the three months ending June 30.
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.
