InsightsChina ‘second-generation’ internet entrepreneurs take helmJack Ma’s retirement marks a new era for the country’s innovators. 4 mins read
The sale will generate nearly USD 2 billion in net proceeds, half of the USD 4 billion the company raised in its IPO in September 2018. NewsMeituan to raise USD 2 billion in debt, partly for “refinancing”2 mins read
Meituan first released livestreaming features in April, allowing tourist sites to introduce themselves to potential visitors amid the COVID-19 pandemic. NewsMeituan rolls out livestreaming tools for educational businesses1 min read
Tmall Supermarket could improve its delivery efficiency powered by Ele.me’s extensive network of delivery riders. NewsAlibaba links Tmall Supermarket and Ele.me to expand on-demand grocery delivery1 min read
The move is Meituan’s second foray into China’s RMB 5 trillion (USD 733 billion) fresh food retailing industry. NewsMeituan plans grocery retail business expansion to cover 1,000 cities and towns in China2 mins read
This is the first time that a hotel chain operator in China has opened an online booking channel on Pinduoduo, which mainly sells groceries. NewsPinduoduo ventures into hotel business, taking on Trip.com and Meituan2 mins read
From manufacturing to service sector, robots are playing a bigger role in China. NewsInvestors bet big on Chinese robot makers amid the COVID-19 pandemic2 mins read
Shenzhen is home to more companies on the list than any other cities. NewsForbes’ top Chinese CEOs list includes names from Alibaba, Tencent, and Meituan3 mins read
Li Auto is the second China-based EV maker to go public in the US, following Nio. NewsHybrid EV maker Li Auto soars nearly 50% on Nasdaq debut after raising USD 1.1 billion in IPO2 mins read
