Hungry Panda is exporting the Chinese food delivery model to homesick students abroad. But is it just an overseas clone of Eleme?
Various parties involved in Meituan’s food delivery ecosystem are pointing fingers at one another over missing profits. It doesn’t look good.
A week ago we didn’t know if regulators saw e-commerce as a market. The Sherpa’s case show that delivering food In English in Shanghai is a market.
Even with consumers staying home, O2O companies Meituan and Eleme face challenges selling and delivering meals to them.
Luckin may be kicked off Nasdaq over fraud admission as board seeks to rein in shady listings. Delisting would put Luckin in the company of penny stocks.