Chinese delivery giant Meituan recently generated an appetizing profit for investors, but will it be able to maintain that momentum? SEE ALSO: Tencent plans to divest Meituan stake In the […]…
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Tencent plans to divest Meituan stake
80-billion stake in Meituan to satisfy domestic regulators and monetise an 8-year investment.
According to four independent sources, Tencent Holdings plans to sell its USD 80-billion stake in Meituan …
MUJI offers on-demand delivery service in China
China’s food delivery app Meituan has launched delivery services with the Japanese fashion and home products company MUJI. Customers can now receive their purchases at their doorsteps in a matter of h…
Starbucks China announces partnership with Meituan
Starbucks announced a partnership with e-commerce platform, Meituan to launch three expanded digital services in China enabling customers to connect with their local stores and personalise their Starb…
Meituan Dianping to set Hong Kong IPO valuation at up to $55 billion
China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of HK$60 to HK$72 ($7.64-$9.17) per share for its initial public offering (IPO…
Chinese O2O giant sets up e-commerce school
Chinese online-to-offline (O2O) giant Meituan & Dazhongdianping has announced it will set up a college to train e-commerce personnel.…