Meituan

Neolix develops autonomous transportation solutions for a variety of uses, from parcel delivery to mobile vending machines, and expects to break even in 2020.

Newcomers vie with Uber for slice of market as restaurant sales plunge.

The food delivery boom has been a lifesaver for many restaurants in China as they flock to online channels amid social distancing.

The move comes after major tech companies like Tencent, Ant Financial, and Meituan have all launched similar platforms.

Startups have proved vulnerable to the economic fallout of the COVID-19 outbreak.

Online sales for food and daily goods increased while clothing fell by 15% year-on-year in Q1 2020.

Meituan’s move follows a written complaint by the Guangdong Restaurant Association and other 32 trade associations.

A look back at the major fundraising deals that have happened during the outbreak period from January 2020.