Showing 12 of 132 posts with this tag
Since the beginning of this year, micro-lenders under five Chinese internet giants, namely Tencent, ByteDance, Baidu, Meituan and JD.com, have been successfully approved to issue ABSs amounting to 39.33 billion yuan ($5.4 billion).
On January 17th, Meituan's Hong Kong stock price fell by 6.97%, closing at HKD 68.75, reaching a new low in the past four years. This price dropped below Meituan's IPO price.
Meituan Dianping selected over 4,700 stores from 31 cities in 19 countries and included them in two lists titled “2019 Reputable Restaurants” and “2019 Popular Brands”.
After Tencent clarified rumors that it will sell all or most of its shares in Meituan, there are now market reports that the Shenzhen-based tech giant plans to reduce its stock investments in listed companies by 100 billion yuan ($14.49 billion) this year.
On March 8, Wang Xing, CEO of Meituan, revealed that he would participate in the A round financing of Wang Huiwen's AI startup and serve as a director. Wang Huiwen retired as senior vice-president of the Chinese food delivery company in 2020.
Recently, a figure shows that in Shanghai 76 traffic accidents related with takeout delivery happened in the first half of 2017, with one food-delivery rider in...
On December 14th, NetEase's market value on the Hong Kong Stock Exchange reached HKD 53.06 billion, surpassing Meituan to become the fourth largest internet company in China by market capitalization.
2017 is coming to an end and it's time to sum it up. Every year, countless products emerge, occur, change and die. Along with the growth of the Internet, we rev...
ByteDance's short video app Douyin will reportedly launch food delivery services in all major Chinese cities on March 1, following internal testing in Beijing, Shanghai, and Guangzhou.
On Jan. 23, Wang Huiwen, co-founder and senior vice president of Chinese food delivery giant Meituan Dianping, announced in an internal letter the full integration of bike-sharing company Mobike into the Meituan system.
Meituan's on-demand delivery business unit is preparing to enter the Hong Kong market, and it is currently recruiting staff.
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.