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Calmer waters arrive for Meituan after fending off Douyin

The Chinese on-demand shopping platform has maintained its leading position despite the arrival of a new competitor in the form of ByteDance-owned Douyin.

4 mins read
  • Meituan’s revenue from food delivery was more than double that of Alibaba’s Ele.me in Q3 2021.

    News

    Alibaba’s local consumer businesses reportedly plan layoffs as they lose ground to Meituan

    2 mins read

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