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Latest news and trends about tech in China

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Hungry Panda O2O Chinese food delivery app
Posted inViews

How a Chinese food delivery app is gambling on nostalgia

by Yuebai Liu Nov 27, 2020Dec 1, 2020

Hungry Panda is exporting the Chinese food delivery model to homesick students abroad. But is it just an overseas clone of Eleme?

logistics unmanned delivery robot autonomous driving jd.com
Posted inTechNode Insider

INSIDER | An independent JD Logistics should work with JD’s rivals

by Jacob Cooke Jun 4, 2021Jun 4, 2021

Following its IPO, JD Logistics should consider working with JD.com competitors like Alibaba’s Tmall, Pinduoduo, and Douyin.

delivery drivers investment covid-19 meituan ecommerce, covid-19, entertainment investment
Posted inViews

A delivery driver’s tale

by Kuang May 12, 2021May 12, 2021

Wang Haijia ruminates over the time he has spent as a delivery driver, highlighting the dangers of the job and comparing it to other work.

Posted inWith Chinese Characteristics

Sherpa’s fined over monopoly on delivering food to foreigners in Shanghai

by Wei Sheng Apr 12, 2021Jun 28, 2021

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.

luckin coffee starbucks fraud misconduct false sales
Posted inHeavy Hitters

Luckin faces effort to delist company from Nasdaq

by John Artman May 19, 2020May 19, 2020

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.

grocery, buy
Posted inHeavy Hitters

Food delivery disrupted as China stays home

by Nicole Jao and Emma Lee Feb 13, 2020Mar 17, 2020

Even with consumers staying home, O2O companies Meituan and Eleme face challenges selling and delivering meals to them.

Meituan delivery Covid-19 new retail O2O
Posted inHeavy Hitters

There are no food delivery winners

by Emma Lee Apr 29, 2020Jun 29, 2021

Various parties involved in Meituan’s food delivery ecosystem are pointing fingers at one another over missing profits. It doesn’t look good.

Posted inHeavy Hitters

From bad Tsinghua student to Meituan second in command

by Liu Peng and Heather Mowbray Jan 30, 2020Mar 17, 2020

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.

luckin coffee starbucks vending machine fraud privacy apps
Posted inUp and Comers

Luckin Coffee announces 2 new bids to raise cash

by Eliza Gkritsi Jan 8, 2020Mar 16, 2020

Luckin Coffee is offering a $400 million bond and issuing new shares less than a year after its Nasdaq IPO.

food delivery meituan eleme alibaba courier
Posted inUp and Comers

Food delivery backlash, VCs snub e-commerce: Retailheads

by Emma Lee Sep 16, 2020Sep 29, 2020

Chinese food delivery giants draw public ire, Dianping’s symbolic retreat is made official; and VC interest in e-commerce wanes.

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  • Tencent Music Entertainment Group revenue decreased 13.8% Aug 17, 2022
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