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AseanPlus News 19 Sep 2010 | 12:00 AM

Better than bargaining

BEIJING: Student Wang Yuelu was surprised when her boyfriend took her to an expensive restaurant in an ancient Beijing courtyard, because she thought he was a penny pincher.

Business 27 Jun 2012 | 12:00 AM

Groupon's China unit to merge with Tencent deal site

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.

TECH 07 Oct 2015 | 6:14 PM

China group-buy firms agree to merge: Bloomberg

A pair of Chinese firms backed by Internet giants Alibaba and Tencent will merge into a US$15bil (RM63.30bil) provider of online services, Bloomberg News reported.

Business 08 Oct 2015 | 12:00 AM

Meituan set for US$15bil merger with Dianping

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.

Business 09 Oct 2015 | 12:00 AM

Alibaba and Tencent to work together

HONG KONG: Two Chinese startups separately backed by Alibaba Group Holding Ltd and Tencent Holdings Ltd will merge to create a dominant player in the nation’s booming market for local services from restaurant deals to movie bookings.

Technology 09 Oct 2015 | 7:54 PM

Hungry? China's food delivery apps bite into Yum revival

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.

TECH 27 Nov 2015 | 9:30 AM

Asian online giveaways echo past Internet follies

As the Internet boom of the late 1990s neared its peak, venture capitalists used to joke about setting up a website that would sell dollar bills for 90 cents.

Technology 27 Nov 2015 | 5:51 PM

Alibaba throws a wrench in web fundraising wars

Alibaba is disrupting China's web fundraising wars.

Technology 09 Dec 2015 | 7:38 AM

In China's O2O tech, today's 'unicorns' risk becoming tomorrow's 'unicorpses'

The Beijing offices of Shequ001, a startup delivering supermarket goods booked via smartphone, stand almost deserted. Leaflets lie scattered on the floor.

Technology 20 Jan 2016 | 7:37 AM

China's online arms race shows no sign of cooling

The online arms race in China continues. Local-deals specialist Meituan-Dianping has just raised more than US$3.3bil (RM14.45bil).