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Meituan returns to profit as Q1 revenue beats estimates
Reuters via Yahoo News· 1 year agoSHANGHAI (Reuters) -Chinese food delivery giant Meituan on Thursday returned to net profit in the...
Tencent to hand $20 billion Meituan stake to shareholders as sales slip
Reuters via Yahoo News· 2 years agoChina's Tencent Holdings said on Wednesday it would return capital to shareholders through a...
China’s Meituan beats revenue estimates, swings to profit
Reuters via Yahoo News· 2 years agoBEIJING (Reuters) -Chinese food delivery giant Meituan reported better than expected quarterly...
Meituan explores deal for Delivery Hero’s Southeast Asia arm
Bloomberg via Yahoo News· 8 months agoMeituan is exploring a potential acquisition of Delivery Hero SE’s business in Southeast Asia as the...
Starbucks (SBUX) Expands U.S. Delivery With DoorDash Tie-up
Zacks via Yahoo News· 1 year agoStarbucks Corporation SBUX and DoorDash recently announced the rollout of a new delivery service in...
China Launches Smart-Contract Functionality on Digital Yuan Through E-Commerce App Meituan
CoinDesk via Yahoo News· 1 year agoChina has enabled smart-contract functionality for its central bank digital currency (CBDC), the...
China's Meituan to buy artificial intelligence firm Light Year from co-founder
Reuters via Yahoo News· 1 year agoThe deal comes at a time when AI has captivated investor interest across the globe, prompting a...
China's Meituan launches $1 billion share buyback program
Reuters via Yahoo News· 8 months agoMeituan CEO Wang Xing had said on Tuesday that the board had authorised a share buyback of up to $1...
Delivery Hero denies report that talks to sell Foodpanda failed
Bloomberg via Yahoo News· 5 months agoDelivery Hero talks to sell its Foodpanda brand in several Southeast Asian markets collapsed....
China's Meituan to restructure ride-hailing unit, reduce service's staff - letter
Reuters via Yahoo News· 1 year agoChinese tech giant Meituan plans to restructure its ride-hailing service and reduce the number of...