Meituan

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.

Here’s a comprehensive walkthrough of China’s e-grocery business operations.

The battery-sharing market is expected to increase 70.2% this year to exceed USD 2.25 billion.

More digital companies dump new businesses under government pressure.

Although group-buying has been around in China way before the COVID-19 pandemic, the sector enjoyed renewed popularity thanks to social distancing measures.

Alibaba, Tencent, Baidu, and Meituan have all used variable interest entities to dodge rules on capital activity.

Group-buying businesses have shunned top-tier cities so far.