How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a “China shedding” strategy, while Shein and Meituan seek non-US growth
Meaghan Tobin /New York Times:
How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a “China shedding” strategy, while Shein and Meituan seek non-US growth
Meaghan Tobin /New York Times:
How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a “China shedding” strategy, while Shein and Meituan seek non-US growth
Chinese firms must contend with geopolitical tensions and mistrust to do business in the United States.
China launches a probe into competition among online food delivery platforms, aiming to curb price wars that have contributed to deflationary economic pressures
China will investigate cutthroat competition among food delivery platforms operated by tech firms such as Meituan and Alibaba …
A look at Chinese food delivery giant Meituan's subsidy war with Alibaba and JD.com, leading Meituan to a big Q3 loss and internal debate over global expansion
Competition from Alibaba and JD.com for fast-growing instant retail market has hit the Beijing-based group
Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba
Luz Ding / Bloomberg :
Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba
Meituan posted its first loss in almost three years, reflecting the toll of a three-way battle with Alibaba Group Holding Ltd …
Report: China's market regulator drafts rules to curb “coercive competition” in the online food delivery market, spurring a rally in Meituan and JD.com's shares
Bloomberg :
Meituan, Alibaba, and JD.com vow to curb “disorderly competition” and end their price war in China's food delivery space after warnings from government agencies
Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb “disorderly competition” …
Report: Douyin is merging its online shopping and instant delivery platforms, as ByteDance takes on Alibaba, JD.com, and Meituan in China's quick delivery race
Hannah Wang / South China Morning Post :