Meituan Bike’s ‘no-contact’ hygienic biking plan: We bring the bikes. You bring the hygiene.
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Didi raises $1 billion in push for 100 million daily trips
Didi is digging a wide yet deep competitive moat around the broader Chinese mobility market. Bike rentals will be a main driver of growth.
Posted inHeavy Hitters
Meituan is shuttering its cloud business
Chinese food delivery and services platform Meituan Dianping is shutting down its public cloud service in order to retain focus on its core businesses. Why it matters: Halting its cloud computing services is a major pullback in Meituan’s expansion into enterprise tech, a trend which has formed the basis of many recent moves by competitors including […]
Posted inHeavy Hitters
From bad Tsinghua student to Meituan second in command
As Meituan CEO Wang Xing’s right hand man—and college best friend—announces his retirement, TechNode takes a close look back at his career.
