∗Meituan-Dianping Archives

Tencent Buys Over 11 Million Shares in Meituan, Raising Nearly $400 Million and Acquiring a 17.2% Stake in the Firm

On the evening of July 13, Chinese delivery and e-commerce giant Meituan announced that all preconditions for the items contained in Tencent's subscription agreement had been reached. The estimated net proceeds from the deal are expected to be about $400 million.

China to Impose New Information Protection Laws, Tightening Regulation of Data-Hungry Internet Giants

China is moving closer to enforcing a new law that would crack down on the invasive practices of the country’s most powerful tech giants, as the draft of the Personal Information Protection Law has been submitted on Monday.

Meituan Faces Anti-monopoly Probe for Banning Alipay on Its Apps

Meituan is facing an anti-monopoly investigation for abusing its dominant position as the government steps up scrutiny of the country’s biggest tech companies.

Bike-sharing App Mobike Ends Operations as Meituan Takes Full Control

Chinese bike-sharing app Mobike ceased operations Monday night following a full integration into its parent company, Meituan Dianping.

Community Group Buying Becomes New Way to Tame Rising Pork Prices

Chinese e-commerce platforms are thinking about new ways to help consumers obtain cheaper pork. And the online community group buying model is one of the ways.

Meituan Reports the World’s Highest Hotel Room Nights in Q2, Beats Booking and Expedia

Meituan's number of domestic hotel room nights stayed in Q2 2020 was 78 million, almost triple Booking’s results and four times that of Expedia.

Meituan Dianping Q2 Revenue Surges 8.9% to $3.58B, Beats Estimates

Meituan Dianping reported a revenue of 24.72 billion yuan ($3.57 billion) in the second quarter of 2020, surpassing the 23.48 billion yuan average estimates.

Meituan App No Longer Supports Alipay

Chinese food delivery and rating platform Meituan Dianping has recently removed Alibaba’s online payment platform Alipay in its app, Tech Planet reported Wednesday.

TAMP – China Tech’s New Era

Will ages of TAMP (Tencent, Alibaba, Meituan-Dianping, Pinduoduo) come?

Bytedance CEO Zhang Yiming at Tsinghua University: Part 4

The final part of interview between Professor Qian Yingyi and Zhang Yiming.

Pinduoduo’s Duo Duo University Equips E-commerce Merchants with Skills in Setting Up Digital Business

Pinduoduo launched Duo Duo University as a local program in Yunnan Province that provides week-long training to equip farmers with important digital skills.

Chinese EV Maker Leading Ideal Expected to Have a July or August IPO

Chinese EV Maker Leading Ideal is expected to have its IPO in July or August, which is sill in dispute by people.

Meituan’s Market Value Blows Past $1 Trillion HKD, With Sales Bouncing Back To Pre-Pandemic Level

Though hit by COVID-19 pandemic, Meituan Dianping's market value rocketed, becoming the third most valuable internet company in China.

Didi Chuxing Responds to Alleged Sexual Assault And Acquisition Rumor

Didi called the police to probe into the alleged sexual assualt and denied the acquisition rumor.

Meituan’s Q1 2020 Performance Considerably Hampered by COVID-19

Meituan Dianping's revenue in the first quarter was 16.75 billion yuan, a year-on-year decrease of 12.6%.

Meituan, Pinduoduo Launch Live Streaming Features to Promote Tourism for Labor Day Holiday

Meituan has rolled out live streaming features on its platform to promote traveling and provide training to tenants. E-commerce platform Pinduoduo has also launched a series of virtual travel via live broadcasts.

Chinese Food Delivery Giant Meituan Dianping Expects Loss in Q1 over Coronavirus

Chinese food delivery service company Meituan Dianping (Meituan) warned a negative year-on-year revenue growth and operating loss for the first quarter of 2020 as a result of the pandemic.

China VC Weekly: Robots, Artificial Meat and ByteDance’s Latest Strategic Move into Online Entertainment

China’s VC activity is beginning to recuperate with a series of notable investments from ByteDance, Meituan Dianping, Matrix Partners China and others.

Wang Xing Commemorates Meituan’s 10th Anniversary With an Internal Letter

On March 4, Wang Xing, the founder and CEO of Meituan Dianping, issued an internal letter to commemorate the tenth anniversary of its establishment.

Meituan Bicycle’s Big Data Shows Recovery from COVID-19 Stagnancy

According to Meituan Bicycle’s big data, the number of cycling trips nationwide increased by about 86% on weekdays last week compared with two weeks ago.

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