Meituan

ByteDance’s Douyin expects that its no-commission structure and huge traffic from short videos can lure consumers away from incumbent platforms like Meituan and Ele.me.

Earlier this month, Meituan was among 34 tech firms that were urged to correct anti-competition practices.

China stopped importing foreign plastic waste in 2017, but how will it deal with garbage generated within its own borders?

Tencent will remain Meituan’s biggest institutional shareholder with a 17.2% stake.

Chinese startups Xingsheng Youxuan and Nice Tuan are raising funds to compete with the likes of Meituan, Pinduoduo, and Didi.

Almost half of the Chinese netizen population, or about 490 million customers, had ordered food online in 2020.

Despite regulatory concerns and intense competition, Meituan is doubling down on its community group-buying business.

The grocers were penalized for selling below cost and misleading consumers.