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Meituan’s Almost $40 Billion Rally Hinges On Competition, Expansion
Forbes· 14 hours agoWang Xing, founder and CEO of Chinese local services giant Meituan, managed to cut costs and find faster-than-expected growth in the first three months of 2024.
Economists expect realty bounce soon
China Daily· 8 hours agoLast week, first-tier cities — including Guangzhou and Shenzhen in Guangdong province and Shanghai — lowered mortgage rate minimums and down payment ratio requirements to boost homebuying enthusiasm ...
Youth festival boosts China-Africa ties
China Daily· 9 hours agoParticipants from a number of countries on the continent find opportunities to take home from event held in Jinhua, Zhejiang province, Xing Wen reports. In a bustling self-service ...
Why Is China Yuchai International Stock Gaining Today? - China Yuchai Intl (NYSE:CYD)
Benzinga· 2 hours agoChina Yuchai International shares surge after announcing $40 million share repurchase plan and...
People on the streets of London share opinions on Chinese products
China Daily· 7 days agoPeople in London share their opinions on such Chinese products as consumer electronics, electric cars, and e-commerce platforms in May 2024. Reporter Xing Yi Video by Brian Chang Jiang Duo contributed to the interview.
Meituan reports growth in revenue and profits, cuts losses by half on new initiatives · TechNode
TechNode· 9 hours agoNet profit for the quarter rose to RMB 5.4 billion compared to RMB 3.4 billion a year prior, partly as the company’s new businesses narrowed losses by nearly half versus the same period last ...
Earnings call: Meituan outlines robust Q1 growth with revenue up 75% By Investing.com
Investing.com· 1 day agoMeituan (3690.HK), the Chinese e-commerce platform specializing in local food delivery, reported a...
Meituan Prepping Middle East Foray While Exploring Europe, Asia
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Meituan is preparing for a potential entry into the Middle East in its first...
Hosting young Africans
China Daily· 4 days agoChina Daily reporter Xing Wen had a chance to travel in May with a group of young people from Africa who took part in the 8th China-Africa Youth Festival—a cultural exchange ...
Chinese food delivery giant Meituan beats estimates to post 25% quarterly revenue increase
South China Morning Post via Yahoo Finance· 1 day agoMeituan, China's biggest on-demand services provider, on Thursday reported a higher-than-expected 25...
