NewsChina’s community group-buying fever meets Beijing’s snubNew battleground for internet giants threatens small businesses. 4 mins read
The area is the hometown of Chinese unicorns like ByteDance, Xiaomi, Didi, and Meituan. InsightsHow Zhongguancun became the innovation hub powering China’s tech aspirations6 mins read
Chinese tech firms JD.com, Meituan, and Didi have also been trying to persuade their users to ditch WeChat Pay and Alipay. NewsPinduoduo unveils payment service Duoduo Pay for its 731 million users2 mins read
Companies like Alibaba and Meituan use exclusivity agreements and “monopoly clauses” to box in merchants and hobble competitors. That may change soon. InsightsChina’s new antitrust rules rein in sprawling marketplace platforms4 mins read
China’s largest on-demand service platform has been one of the slowest tech giants to rebound from the impact of COVID-19, but the recovery is underway. NewsMeituan shows strong recovery as China’s service economy rebounds2 mins read
China’s grocery group-buying sector is gaining steam as the pandemic is boosting demand. NewsKEY STAT | Social e-commerce startup Nice Tuan closes its fourth fundraising round in 20201 min read
Latecomers have to be able to endure large-scale losses, says Haitong’s Natalie Wu. NewsByteDance and Kuaishou venture into China’s red-hot group-buying sector2 mins read
Jack Ma’s retirement marks a new era for the country’s innovators. InsightsChina ‘second-generation’ internet entrepreneurs take helm4 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
