Alibaba escalates China's delivery price war with 50 billion yuan subsidy program for consumers and merchants, intensifying ...

China’s food delivery landscape has been reshaped by an intense subsidy war, with JD.com and Alibaba together pledging a staggering ...

China's market regulator summoned food delivery companies Meituan, JD.com, and Alibaba's Ele.me to discuss competition ...

A Meituan executive said the company had no choice but to join the latest round of what he called “irrational competition” ...

China’s ‘instant commerce’ sector is experiencing a cut-throat price war with companies launching massive subsidy programs ...

Chinese food delivery giant Meituan posted a bigger-than-expected 21.4% rise in quarterly revenue on Friday as it fended off competition from powerful rivals such as Alibaba-backed Ele.me.

Meituan, whose app provides services including bike-sharing, ticket-booking and maps, made net profit of 3.36 billion yuan ($486 million) versus a loss of 5.7 billion yuan a year earlier.

Meituan is one of China’s top tech companies and leading food delivery providers, with a platform that boasts more than 667 million active users. Despite the new measures, ...

Meituan Dianping, a Chinese startup whose app offers services like food delivery and hotel bookings, raised about $4.2 billion from its Hong Kong IPO, defying a weak market to show investors ...

Meituan Dips Below 2018 IPO Price as Selloff Reaches Extremes. Stock down 85% from all-time high on worry over outlook, macro ‘The market has been overly negative’ on Meituan, Goldman says ...