BRIEF: Meituan launches $13.7 billion subsidy to support merchants, consumers
Meituan (3690.HK) has pledged to invest 100 billion yuan ($13.7 billion) in the restaurant industry over the next three years, focusing on consumer subsidies, merchant support, incentives for high-quality restaurant…
Apple’s AI gamble in China: Did it bet on the wrong horse?
Apple may have miscalculated by teaming with Alibaba in a limited AI partnership, rather than embracing open-source sensation DeepSeek By Vivian Toh When Apple (AAPL.US) recently unveiled its collaboration…
China’s Takeout Delivery Market Gets a Shakeup
China's takeout dining duopoly of Ele.me and Meituan will start offering social benefits for their more than one million of riders. What's driving this change of heart and what will it mean for the market? And JD.com has announced its entering the fray, aiming to take on this established duopoly. What are its chances of success, and what does this mean for the industry?
‘Revenge travel’ slowdown puts damper on Trip.com’s banner year
After delivering impressive results for 2024, China’s leading online travel platform said it is confident of more growth in 2025 Key Takeaways: Trip.com’s reported its profit grew by a robust…
JD.com seeks place at China’s massive takeout dining table
The e-commerce giant is working with major chains and ‘high-quality’ restaurants as it prepares to challenge the duopoly of Meituan and Ele.me Key Takeaways: JD.com has signaled it’s preparing to…
After years of shopping around, Dingdong bags formula for profits
The online grocer reported its third consecutive quarterly profit in the three months to September, and now boasts profit margins similar to Walmart and Kroger Key Takeaways: Dingdong’s revenue rose…
BRIEF: Meituan issues $2.5 billion in senior notes
Online-to-offline services provider Meituan (3690.HK) on Thursday announced its issue of two traches of senior notes worth a combined $2.5 billion. One tranche was worth $1.2 billion, with an annual…
Recent Articles
China’s Takeout Delivery Market Gets a Shakeup
3690.HK
JD.US
BRIEF: Meituan issues $2.5 billion in senior notes
3690.HK
MPNGY.US
RELATED ARTICLES
-
Riding on space fever, Adaspace rockets towards Hong Kong listing
-
JD.com seeks place at China’s massive takeout dining table
9618.HK JD.US
-
Tsui Wah goes to college as consumers dine out less
1314.HK
-
Xiaocaiyuan sets the table for Hong Kong IPO. But is the timing right?
0999.HK
-
Xiabuxiabu gets chilled by China’s weak economy
0520.HK
-
BRIEF: Cinda sets up $2.7 billion fund to support property market
1359.HK 600657.SHG
- An ‘Old Hen’-turned-chic chick flocks to Hong Kong for IPO
