On-demand Services

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

To attract more new users in lower-tier cities, Jingxi Ziying is offering a fully managed model to white-label merchants.

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.

Didi has strengthened its domestic position by riding the recovery in travel and focusing more on its drivers.

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

The leading Chinese operator is eyeing expansion into other markets.

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