Food Delivery

After a strong start in 2024, Douyin’s life services business faces new challenges in maintaining its momentum.

Keeta, Meituan’s delivery app, enters the Saudi market through Al Kharj instead of the capital Riyadh.

Xiaohongshu expands group buying services across 49 cities, giving food and beverage merchants a break on fees.

Meituan’s second-quarter report shows profit margins reaching new highs as business strategy shifts inward.

A second restructuring of Douyin Waimai in just six months casts uncertainty over ByteDance’s approach to the food delivery market.

The acquisition of Chope will add to Grab’s already extensive list of services offered on its superapp.

With a stronghold in e-commerce, TikTok has launched a pilot for local services in Southeast Asia, beginning with Indonesia and Thailand.

Clear victories are rare when internet giants lock horns. Douyin and Meituan’s drawn-out fight in the city of Wenzhou illustrates how these battles can play out.