Chinese on-demand delivery services providers, led by Meituan and Ele.me, face gloomy prospects after Beijing directed these internet platforms to cut the fees they charge restaurants, which has put a ...

Delivery Hero (DH), the German company that owns South Korea’s top delivery platform ‘Baedal Minjok’ (Woowa Brothers), has reportedly proposed the acquisition of Baemin to Meituan Dianping, the ...

Chinese robotics startup Tianji Intelligent System has raised CNY1 billion (USD147.4 million) in Series B and B+ financing co-led by Hillhouse Capital-backed GL Ventures and Chinese local services ...

The infrastructure includes Meituan’s self-developed long-range winch-drop drone, the M-Drone 4L Winch, M-Port 3 smart ...

Shares in Meituan, China’s largest food delivery platform, have tumbled after its CEO posted —and then deleted — an ancient poem in a move widely seen as possible criticism of the Chinese government.

The founder of food delivery giant Meituan will donate shares worth about $2.27 billion to his personal charity, a stock exchange filing late on Thursday showed, making him the latest Chinese tech ...

Add Yahoo as a preferred source to see more of our stories on Google. Chinese food delivery giant Meituan will phase out a late delivery penalty in 2025 amid a crack down by regulators on internet ...

On June 29, Meituan 03690 acquired an artificial intelligence startup company called Light Year for USD 233.7 million and agreed to assume liabilities of CNY 366.9 million (USD 50.7 million). As of ...

By Luciana Magalhaes SAO PAULO, May 20 (Reuters) - Brazilian food delivery app iFood, owned by Dutch investment group Prosus, ...

Chinese food delivery giant Meituan lost about $82 billion in market cap in 2023 from its yearly high, according to CNBC calculations. Fears over rising competition in China and Meituan management's ...

Meituan (SEHK:3690) has drawn investor attention after a recent share price move, with the stock closing at HK$82.70. The shift comes against a backdrop of mixed shorter term and longer term returns.