In translation from Ran Caijing, a look at how far China tech stocks plunged under the influence of the virus—and the few that rose.
With Maidan, Meituan is competing head-on with Alipay, JD.com, and Tencent, which also have their own virtual credit payment tools.
China is tightening its grip on tech giants with antitrust punishments against some of its biggest internet firms following the Ant Group IPO suspension.
The move highlights efforts from Meituan to fend off competition from Alipay, which is moving into the local services sector—Meituan’s home turf.
Mini programs are an increasingly important growth driver for apps, functioning as an entry point for Chinese mobile users to access online services, according to a recent report on Chinese internet trends in the first half of the year. Why it matters: These lightweight applications are becoming must-have features for mainstream apps. They offer a […]
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues affecting the macroeconomy and the stock prices of China’s tech companies. Make sure you don’t […]
Chinese food delivery giants draw public ire, Dianping’s symbolic retreat is made official; and VC interest in e-commerce wanes.
E-commerce retailers geared up for a national consumption festival in May, regulators launched an investigation into Meituan.
Increased commissions suggest food-delivery platforms are becoming increasingly serious about improving their financials.
It’s common for companies to negotiate with workers individually, hoping to come to amicable terms of separation.