Mobile data analysis company App Annie released a report last Friday pointing out that the food delivery application Meituan Waimai has surpassed 100 million app downloads across iOS and Google Play stores worldwide, ranking first.
Meituan has invested in autonomous driving startup QCraft’s latest fundraising round of $100 million, highlighting the intensifying bets made by the country’s Big Tech on the promising driverless car space.
Authorities in Beijing have released the latest version of the country's draft Personal Information Protection Law, affirming that it further improves rules on the processing of personal information.
Meituan had started an internal test for its new feature called "Fanxiaoquan", a social media platform which allows users to recommend food to their Wechat friends or to a phone number by sharing food delivery orders.
According to DoNews on June 23rd, Meituan announced that it will launch a "Food Delivery Butler Service" to provide free take-away operation support to small and medium-sized restaurants across the country.
The Chinese government warned on Thursday that companies involved in the sharing economy need to comply with regulation and price their services properly.
Beijing summoned 13 internet companies engaged in finance business on Thursday, including Tencent and ByteDance, ordering them to comply with tougher regulations.
The Chinese government announced on Monday that it has launched an anti-monopoly investigation into food delivery giant Meituan, stepping up its campaign aimed at reining in the power of the country’s big tech groups.
The next generation of autonomous delivery vehicles developed by Chinese shopping platform Meituan have been officially put into operation in Shunyi District, Beijing.
Chinese food delivery platform Meituan reported better-than-expected fourth quarter and full year revenues but warned that continued investment in its community group buying business would likely lead to losses in future quarters.
