Shanghai’s bustling riverfront has become the latest testing ground for urban logistics technology, with McDonald’s and Chinese food-delivery giant Meituan…
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Meituan snaps losing streak with profitable June quarter though Douyin threat looms
On-demand delivery giant Meituan swung back to profitability in the second quarter as China’s price war in food delivery cooled,…
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China debuts biggest AI model trained on local chips, as Meituan releases LongCat-2.0
As China attempts to move beyond using domestic chips solely for model inference, food delivery giant Meituan has released what…
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Meituan slides into loss in ‘milk tea’ subsidy war with instant commerce rival Alibaba
China’s food-delivery giant Meituan swung to a deep quarterly loss, as a costly battle with Alibaba Group Holding’s instant commerce…
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Chinese delivery giant Meituan unleashes open-source AI model to take on Alibaba, DeepSeek
On-demand local services giant Meituan has become the latest Chinese Big Tech company to release an open-source large language model…
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Meituan gets record orders as China’s e-commerce war fuels demand for delivery service
Meituan said daily transaction volume on its dominant on-demand delivery reached an all-time high since its inception in 2010, briefly…
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Alibaba touts rapid growth in fast-delivery service in heated race with Meituan, JD.com
Chinese e-commerce giants Alibaba Group Holding, Meituan and JD.com are intensifying their costly rivalry in the on-demand fast-delivery sector, with…
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Alibaba launches Taobao fast-delivery service ahead of time to challenge JD.com, Meituan
Hangzhou-based Alibaba said its Taobao Instant Commerce initiative was introduced “ahead of schedule” on Friday, according to its post on…
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Battle of billionaires: China’s food delivery market faces shake up as JD takes on Meituan
A bitter war of words has broken out between two Chinese Big Tech food delivery firms, each backed by billionaires…
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JD.com’s billionaire founder delivers food in publicity stunt to challenge Meituan
Richard Liu Qiangdong, the founder of JD.com, who has an estimated net worth of US$6.5 billion, donned a uniform to…
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