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China's Meituan launches $1 billion share buyback program
Reuters via Yahoo News· 7 months agoMeituan CEO Wang Xing had said on Tuesday that the board had authorised a share buyback of up to $1...
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...
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...
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...
Why Big Tech May Never Recover in China
Time via Yahoo News· 2 months agoCredit - Photo-Illustration by TIME; Getty Images (2) Even by its own standards, the tech sector has had an extraordinary year. The surges in valuation...
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...
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...
China’s Maoyan Warns of Profit Slump, Touts Diversification Moves – Global Bulletin
Variety via Yahoo News· 1 year agoPROFITS WARNING FOLLOWS BOX OFFICE SLIDE Maoyan, the Chinese film ticketing agency and film...
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...
China's Tencent posts weak revenue growth, plans to double buybacks
Reuters via Yahoo News· 4 months agoHONG KONG (Reuters) -China's Tencent Holdings posted a weaker-than-expected 7% rise in...