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Meituan has completed an internal restructure, separating its ride-hailing and robot delivery businesses into two stand-alone units, LatePost reported Monday, citing unnamed sources. The restructure came as Meituan goes after Didi’s market share as Didi mires in a cybersecurity review that began in July. In October, Meituan provided around 1 million trips every day, only one-fifth of its rival Alibaba’s Amap, the report said. [LatePost, in Chinese]

Yan Qiang, Kuaishou’s senior vice president who led the short video apps’ early commercialization efforts, will leave the company due to “personal reasons” on October 24, according to an internal letter made public on Tuesday. Wang Jianwei, the firm’s head of product, will assume Yan’s role. The Douyin rival also announced organizational restructures, streamlining operations by merging departments into four major business groups: e-commerce, commercialization, globalization, and gaming. [Jiemian, in Chinese]

Nio delivered 3,667 vehicles in October, its lowest-ever monthly delivery number since last August and a 65% plunge from September. The company said it significantly scaled back its production during the first half of last month to restructure production lines and prepare for new vehicle model deliveries. Nio’s competitors Xpeng and Li Auto delivered 10,138 and 7,649 vehicles in October, respectively. [Nio statement]

Alibaba announced on Monday that deputy chief financial officer Toby Xu to replace Maggie Wu as the company’s chief financial officer next April. Separately, the company said it will create two new units for domestic e-commerce business and international e-commerce business. Trudy Dai will lead the domestic unit, and Jiang Fan will head the global one. The Chinese e-commerce giant overhauls its business structure at a time of increasing regulatory pressure and rising competition. [Reuters]