Meituan

Sales growth was slowest in almost two years during lockdowns Meituan is still grappling with pandemic and a slowing economy Meituan’s quarterly revenue grew 25%, after the Chinese food delivery titan withstood the economic…

Shen, a founder and managing partner at venture capital firm Sequoia Capital China, sold a total of 42.96 million shares in Meituan Some of Sequoia’s other big bets in the tech sector include Shein, Alibaba and JD.com Neil Shen…

Chinese media outlet Xinyan Finance reported on Monday that major Chinese e-commerce platform Meituan has recently launched a product called “Meituan Livestreaming Assistant,” a free tool intended for online merchants and internet…

Shares of Chinese food delivery giant Meituan surged as much as 15% in Hong Kong after its fourth-quarter results impressed analysts. The stock snapped a two-day loss and was the best performer on the Hang Seng Tech Index on Monday. The…

Chinese food delivery giant Meituan announced on Friday its audited consolidated results for the year ended December 31, 2021. The company’s revenues increased by 56% to 179.1 billion yuan ($28.2 billion) in 2021 from 114.8 billion yuan…

Leading Chinese food delivery platform Ele.me announced on Wednesday that the company will invest 20 million yuan ($3.17 million) to carry out reductions to its corporate commission for catering businesses across 87 districts and counties…

Meituan lost about 20 per cent of its market value over the past two trading days since Beijing directed on-demand delivery providers to cut commission fees What is at stake under the Chinese government’s scrutiny is the nation’s…