Douyin

Douyin’s slowed aggression has allowed Meituan to rebound with reduced losses and a surge in daily orders.

Pinduoduo’s GMV was RMB 4.05 trillion in 2023.

The automatic labeling of AI-generated content on TikTok is a small step in an uphill battle against the misuse of AI.

Meituan Shangou, its quick commerce business, could play a significant role in its strategy to counter competition from main rival Douyin.

Douyin Group is ushering in a new era with a quintet of young leaders, the youngest of whom hails from the post-90s generation.

With heavyweight Douyin encroaching on its market share, Meituan cannot afford to remain in autopilot mode.

In a message to all employees, Yu Yongfu, CEO of Ele.me, sought to quash the rumors before they escalate further.

The president of Meituan’s in-store business candidly discussed the company’s prospects in his new year’s message, addressing the challenges posed by competitors like Douyin.