Meituan Dianping reported strong fourth quarter revenue, exceeding analyst consensus expectations, and booked profits for a third consecutive quarter but warned that adverse effects from the Covid-19 outbreak could last the entire year. Why it matters: Impact to the Chinese local services super app from the Covid-19 outbreak will be “significant” because of the heavily offline nature […]
The outbreak has offered makers of delivery robots an unprecedented opportunity to put their technology through its paces.
Under quarantine in Hubei’s smaller cities, it’s low tech life as Covid-19 brings the digital economy to a halt.
Alibaba is the first major e-commerce platform to describe online consumption during the virus. Everything but groceries and household supplies are down.
How online retail has changed, by the numbers: less hiking equipment, more instant noodles, more condoms. With color charts!
Meituan Dianping reported first quarter losses that were smaller than expected, with its core food delivery business showing signs of rapid recovery.
Trip.com continued to grapple in the second quarter from stifling effects from the pandemic, and it expects the fallout to extend into the third quarter.
Alibaba is investing further into its cloud infrastructure to meet demand for digital services, which has boomed following the Covid-19 outbreak.
China may rely on AI to fight future diseases, said a Covid hero. This one, he said, it beat with “traditional wisdom and solid urban management.”
Are Covid-period levels of e-commerce sustainable? Register for a joint Asia House-TechNode webinar on June 16 to join the conversation.