Wang Xing: the Poet Entrepreneur
After Meituan’s going public, Meituan CEO Wang Xing’s networth has rocketed to $41.7 billion.
Ep. 23: Update on Meituan, the Super App that Won Against a Thousand Clones
Happy Holidays, TechBuzz listeners! That’s right, it’s Mid-Autumn Festival, followed closely by Golden Week for the Pandaily team back in Beijing. In honor of the holidays — and to commemorate *almost* six months since we released our first episode of TechBuzz back in April of this year — co-hosts Rui and Ying-Ying are taking off as…
Meituan-Dianping Listed on HKEX Amidst Great Losses
On Sept. 20, Meituan-Dianping started trading at the Hong Kong Stock Exchange.
Meituan-Dianping Updates Operating Data in IPO Prospectus, Raising Valuation to $55 Billion
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 Surpassed Ctrip to Lead the Online Hotel Booking Industry in Q2 2018
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.
Meituan Unveils Driverless Food Delivery Platform and Multiple Autonomous Vehicles
Ordering a drink or meal at 2 a.m. could be possible in the future, as Meituan unveiled on July 25 more details of its driverless food delivery vehicles.
Meet Swiggy, India’s New Unicorn with Chinese blood
India’s food-delivery startup Swiggy announced yesterday that it had grabbed $210 million for its newest Series G funding, valuing the startup at $1.2 billion and making it the newest entrant of India’s unicorn club.
Ep. 10: Meituan, the Super App that Won Against a Thousand Clones
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.
Meituan Rumored to IPO at $60B Valuation in Hong Kong
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.
TechBuzz China: A Weekly Tech Podcast on China’s Innovation
TechBuzz China is a new weekly technology podcast powered by Pandaily hosted by Rui Ma and Ying-Ying Lu. To listen to this week’s conversation on Toutiao’s Apology and Mobike’s Acquisition by Meituan-Dianping, you can tune in to TechBuzz China on iTunes Podcast, SoundCloud, or simply search for TechBuzz China in the podcast app of your choice.
Food Delivery Is About to Get Even Cheaper in Nine Cities as Didi Competes for Market Share
Didi Waimai, the taxi-hauling app Didi’s new food delivery platform, shared 9 posters on their official Weibo account on April 13th, claiming that a nationwide launch in site, also verifying earlier rumors of their entrance into nine cities.
Meituan Acquires Mobike, One of the World’s Largest Bike-Sharing Companies
Meituan, one of the world’s largest e-commerce platforms of services, announced today that the Company has entered into an agreement to acquire Mobike, one of the world’s largest smart bike-sharing companies.
Meituan-Dianping to test autonomous delivery this year for service launch in 2019
The annual session of the China Development Forum (CDF) 2018 is taking place from March 24 to 26, 2018, with “China in the New Era” as its theme. Meituan-Dianping CEO Xing Wang presented at the “New Lifestyles in the AI Era” session.
Meituan and Didi starts to compete on food delivery and ride-hailing
Chinese consumers commonly order takeout with Meituan and hail rides with Didi. Yet, the two seemingly unrelated apps will start to compete with each other. Meituan will unveil ridesharing service on March 21 in Shanghai, while Didi will finalize preparations for the launch of its takeout business.
Alibaba to Purchase Ele.me and Enter Competitive Chinese Food Delivery Market
Chinese e-commerce giant Alibaba is planning to take over food delivery platform Ele.me for $9.5 billion. While Alibaba and ele.me have both declined to comment on “market rumors”, an Alibaba executive confirmed this news to the media without disclosing further details.