Logistics

Four years on, Meituan’s Internet+ strategy is beginning to show some teeth.

In total, 26 billion parcels were delivered in the first five months of 2020, up 18.4% YoY.

The Singaporean relocation company expects more consolidation in the sector.

The coronavirus has provided economies around the world with a chance for reflection.

The firm plans to list under the symbol “DADA” on the Nasdaq Stock Exchange.

Ehang is the world’s first autonomous aerial vehicle company approved to conduct commercial trials of passenger drones for transporting heavy cargo, it says.

The company shipped 8.8 million parcels in the region, up from 237,000 one year earlier.

With ride-hailing down, the company is turning its drivers into couriers.