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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...
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...
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...
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...