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More than a hardware play: Robot Era’s founder sets the record straight on the company’s true ambitions

10 mins read

Pulses

Alibaba, Meituan pour billions into subsidies

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Jiemian News
Alibaba’s Taobao Shangou and Meituan spent over RMB 20 billion in subsidies across recent weekends, fueling a fresh price war in China’s food delivery market. Taobao Shangou issued more than RMB 12 billion on July 12 alone, while Meituan spent up to RMB 4 billion. The surge lifted order volumes but raised concerns over sustainability and fulfillment.
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Insights

Meituan scrambles on “Super Saturday” as Taobao Shangou tops 80 million daily orders

A single Saturday saw Taobao Shangou, Meituan, and JD.com log a combined 200 million orders, testing subsidy strength, logistics, and supply chains in real time.

11 mins read
  • Features

    MiniMax finds its “aha moment,” and a way to challenge the AI status quo

    7 mins read

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