Meituan's Keeta is expanding rapidly in the GCC, leveraging food delivery success to enter grocery delivery and quick commerce, driving higher e-commerce penetration. Investment in drone ...
Chinese food delivery and on-demand service giant Meituan on Friday reported a 22.4 per cent gain in revenue in the third quarter on the back of strong growth in its core local commerce business ...
Chinese food delivery giant Meituan will phase out a late delivery penalty in 2025 amid a crackdown by regulators on internet platforms’ misuse of algorithms. The Beijing-based company said it ...
Meituan has a market valuation of about $217 billion. It said it plans to spend the money it raised on research and development of self-driving vehicles, drones delivery and other technology.
Walmart China has forged a strategic alliance with food delivery service provider Meituan, expediting its omnichannel transformation. The collaboration will see the two entities form a deep ...
China's largest food delivery firm Meituan posted a bigger-than-expected 22.4% rise in third-quarter revenue on Friday, defying sluggish Chinese consumption. Meituan, which has an app that ...