You have searched for "Meituan"
Showing 1-10 of 380
SHANGHAI: Groupon Inc's Gaopeng China joint venture with Tencent Holdings will merge with another Chinese daily-deal website to form a new company, Gaopeng said.
HONG KONG: Two Chinese startups separately backed by Alibaba Group Holding Ltd and Tencent Holdings Ltd have agreed to a merger that will create a US$15bil provider of local services like restaurant reviews and movie bookings, people with knowledge of the matter said.
As China's economy stutters, growing numbers of diners on a budget are tapping into smartphone applications to snap up meal delivery deals, spelling big trouble for fast food chains like Yum Brands Inc's KFC and Pizza Hut.
The Beijing offices of Shequ001, a startup delivering supermarket goods booked via smartphone, stand almost deserted. Leaflets lie scattered on the floor.