Meituan
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Meituan Sees Impressive 21.4% Q4 Revenue Increase Amid Rivalry with Alibaba-Backed Ele.me
Chinese food delivery titan Meituan (3690.HK) reported a surprising 21.4% surge in quarterly revenue on Friday, holding its own against strong competitors like Alibaba-supported Ele.me. Chinese food delivery titan Meituan (3690.HK) reported a surprising 21.4% surge in quarterly revenue on Friday, holding its own against strong competitors like Alibaba-supported Ele.me. -
Chinese Ride-Hailing Operators Summoned By Regulators Over Misconduct
The Ministry of Transport, the Cyberspace Administration of China, and the State Administration of Market Supervision have jointly conducted meetings with the 11 companies. The Ministry of Transport, the Cyberspace Administration of China, and the State Administration of Market Supervision have jointly conducted meetings with the 11 companies. -
China's Antitrust Regulator To Fine Meituan About $1 Billion -WSJ
China's antitrust regulator is preparing to impose a fine of about $1 billion on Meituan for allegedly abusing its dominant market position, the Wall Street Journal reported on Friday, citing people familiar with the matter. China's antitrust regulator is preparing to impose a fine of about $1 billion on Meituan for allegedly abusing its dominant market position, the Wall Street Journal reported on Friday, citing people familiar with the matter. -
Meituan Stock Price Down 18% Tuesday On Courier Rules
China demands delivery companies provide adequate compensation and insurance for drivers. China demands delivery companies provide adequate compensation and insurance for drivers. -
Meituan Founder Donates $2.3 Billion Stake To Foundation
Meituan founder, Wang Xing, donated a total of 57.3 million shares to his philanthropic foundation. Meituan founder, Wang Xing, donated a total of 57.3 million shares to his philanthropic foundation. -
Regulators Impose Rules To Reign In Community Group Buying
China's top market regulators ask tech and internet giants to comply with nine rules within the community group buying market. China's top market regulators ask tech and internet giants to comply with nine rules within the community group buying market. -
Ant Group Is Not Alone In Loan And Deposit Regulations
Following Ant Group, nine leading domestic Internet platforms have voluntarily removed online deposit products from their financial apps. Following Ant Group, nine leading domestic Internet platforms have voluntarily removed online deposit products from their financial apps. -
Meituan Outpaces Estimates, Boosted By COVID-19 And EV
Covering life services from on-demand food delivery and ride hailing to travel booking, Meituan, in the past quarter has exceeded estimates. Covering life services from on-demand food delivery and ride hailing to travel booking, Meituan, in the past quarter has exceeded estimates. -
Chinese Tech Stocks Lose Billions In Value After Proposed Crackdown
The drop in the stock prices of JD.com, Alibaba, Tencent, and Meituan, has erased a combined $255 billion in market value. The drop in the stock prices of JD.com, Alibaba, Tencent, and Meituan, has erased a combined $255 billion in market value. -
Trip.com Pays Dues Via Essential Acquisition
Trip.com Group says the license will "improve the convenience of payments in the cultural and tourism industry." Trip.com Group says the license will "improve the convenience of payments in the cultural and tourism industry."