Food Delivery

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.

Douyin’s slowed aggression has allowed Meituan to rebound with reduced losses and a surge in daily orders.

Meituan Shangou, its quick commerce business, could play a significant role in its strategy to counter competition from main rival Douyin.