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 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 is facing an anti-monopoly investigation for abusing its dominant position as the government steps up scrutiny of the country’s biggest tech companies.
Chinese bike-sharing app Mobike ceased operations Monday night following a full integration into its parent company, Meituan Dianping.
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'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 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.
Chinese food delivery and rating platform Meituan Dianping has recently removed Alibaba’s online payment platform Alipay in its app, Tech Planet reported Wednesday.
Will ages of TAMP (Tencent, Alibaba, Meituan-Dianping, Pinduoduo) come?
The final part of interview between Professor Qian Yingyi and Zhang Yiming.
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 is expected to have its IPO in July or August, which is sill in dispute by people.
Though hit by COVID-19 pandemic, Meituan Dianping's market value rocketed, becoming the third most valuable internet company in China.
Didi called the police to probe into the alleged sexual assualt and denied the acquisition rumor.
Meituan Dianping's revenue in the first quarter was 16.75 billion yuan, a year-on-year decrease of 12.6%.