Grocery Delivery

Tied to the fortunes of SoftBank’s Vision Fund, the tech sector must now sink or swim.

With heavyweight Douyin encroaching on its market share, Meituan cannot afford to remain in autopilot mode.

Whether Alibaba sells those businesses or not, it’s growingly evident that the Chinese tech giant is shifting its focus from new retail back to e-commerce.

In a message to all employees, Yu Yongfu, CEO of Ele.me, sought to quash the rumors before they escalate further.

The president of Meituan’s in-store business candidly discussed the company’s prospects in his new year’s message, addressing the challenges posed by competitors like Douyin.

Increasing demand for faster deliveries has spurred the rise of quick commerce. Raphael Zennou of Foodpanda explores the concept’s emergence and the company’s take on it.

Considering Pinduoduo’s cautious approach to business expansion and spending, where does the “prudent” company see its next opportunities?

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