ByteDance’s $600 billion question: What are investors really buying?
The company’s latest valuation suggests it is being priced like a sprawling platform built on Douyin’s domestic cash flow, TikTok’s global reach and an aggressive AI push Key Takeaways ByteDance’s…
JD Health’s AI push sets up a battle of the digital doctors
The Chinese healthcare platform enjoys a thriving online pharmacy business and is investing heavily in AI tools, but powerful rivals are entering the same arena Key Takeaways: Competitors such as…
15th Five-Year Plan: How will China’s low-altitude economy take flight?
From drone logistics to flying cars, the low-altitude economy is seen as a key industry in China’s 15th Five-Year Plan, though the path to commercialization remains uncertain By Lee…
BRIEF: JD.com takes 15% of China’s takeout dining market a year after entering
JD.com Inc. (JD.US; 9618.HK) received over 240 million orders in the first year after launching its takeout dining service, giving it more than 15% of the market, Caijing Tuya reported…
Survival and protectionism: Dingdong surrenders to Meituan as India blocks a Chinese buyout
Dingdong to sell its China business to Meituan for $717 million. And India kills a Chinese private firm's acquisition.
Instant commerce war delivers massive loss to Meituan
China’s leading online-to-offline services company said it expects to report a loss of up to 24.3 billion yuan for 2025, translating to a fourth-quarter loss of about 15.7 billion yuan…
East Buy rides into China’s instant commerce war zone
The e-commerce company’s move is the latest development in its gradual transformation into an online version of Costco and Sam’s Club Key Takeaways: East Buy is building up same-day delivery…
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