The Chinese snack brand Xijie has completed its A Round of financing, garnering 295 million yuan ($46.1 million), jointly led by Source Code Capital and Focustar Capital.
Mobile data analysis company App Annie released a report last Friday pointing out that the food delivery application Meituan Waimai has surpassed 100 million app downloads across iOS and Google Play stores worldwide, ranking first.
ByteDance's "Xindong Waimai" food delivery mini program has been officially registered and approved, with approval date of October 11, 2021.
More details have emerged about “Xindong Waimai,” an on-demand food delivery service currently being developed by Douyin owned and operated by Beijing-based tech firm Bytedance.
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.
Trustdata released a new mobile Internet report on July 31, unveiling a 6-3-1 shape of the food delivery market in China where Meituan Waimai continues to lead with 60 percent of the market share, followed by Ele.me at 36 percent and Baidu Waimai at 3 percent.