Shanghai’s market watchdog has imposed an RMB 500,000 fine on food delivery app Ele.me for misleading consumers on prices and food safety.
Search results
Posted inHeavy Hitters
Ele.me faces backlash, Luckin coup: Retailheads
Ele.me is criticized for its treatment of the family of a deliveryman who died on the job. The US may ban American investors from Alibaba and Tencent.
Posted inHeavy Hitters
Ele.me driver self-immolates to protest wage dispute
A short video showing individuals putting out the flames engulfing a deliveryman working for Ele.me in Jiangsu province went viral on Chinese social media.
Posted inNews
Alibaba layoff will hit local life service units the hardest: report
Alibaba’s layoff comes after the company recorded its slowest revenue growth in 2021 since it went public on the New York exchange in 2014.
Posted inHeavy Hitters
Pinduoduo gears up for on-demand retail push: report
Shanghai’s recent Covid outbreak has pushed companies to rethink the importance of last-mile delivery capabilities, which is a weak point for Pinduoduo.
Posted inHeavy Hitters
Douyin completes its target on local life services ahead of schedule
ByteDance-owned Douyin has achieved its yearly target set for local life service ahead of schedule, reaching RMB 50 billion ($6.98 billion) GMV in October, Chinese media outlet 36Kr reported, citing several unnamed sources. Why it matters: The short video app, which has more than 600 million daily active users, introduced functions like ordering food and […]
Posted inHeavy Hitters
Meituan to merge e-commerce and community group buying units: report
Meituan is planning to merge its e-commerce business units and the group buying unit known as Meituan Select, Chinese media outlet Caijing reported on Wednesday. Why it matters: Facing fierce competition in its core business, Meituan is combining two relatively weaker and similar units to concentrate on new growth points. In April, Meituan Select suspended […]
Posted inHeavy Hitters
Antitrust comes for Meituan
As Meituan dominates food delivery, many of the restaurants whose food it delivers are struggling to get by. Regulators are asking why.
Posted inHeavy Hitters
Pinduoduo founder steps down, Taobao on WeChat: Retailheads
Colin Huang, the Pinduoduo founder, stepped down as chairman. Alibaba is said to be planning to launch Taobao Deals on WeChat as a mini program.
Posted inHeavy Hitters
Briefing: Ele.me widens logistics offerings, to build out infrastructure
Ele.me’s service expansion follows on the heels of rival Meituan’s widened logistics services.
