News

Alibaba, JD.com, Meituan have poured big money into subsidies for their food delivery services, eroding profits and rattling ...
China's leading food delivery group Meituan posted an 89% drop in second-quarter adjusted net profit on Wednesday, hit by ...
In past months, the trio has invested billions of dollars on incentives and hiring delivery riders. This strategy backfired ...
The Chinese food-delivery giant’s profit cratered in the second quarter as intense competition snapped a long run of growth, ...
The Chinese Communist Party has bought up almost 350,000 acres of agricultural land. They won't stop there. China's goal is to dominate US food production. States need to help stop them.
(Yicai) Sept. 1 -- Chinese internet giants Meituan and JD.Com have extended their e-commerce, food delivery, and humanoid robot competition to offline retail, with the former opening its first ...
Chinese food brands are making inroads into ASEAN by localising products to compete with entrenched global players.
Chinese authorities held meetings with the country's food delivery service providers including JD.com , Meituan and Alibaba's Ele.me to discuss competition in the sector, the country's market ...
Fast food chains operate on a global scale, and sourcing ingredients from international suppliers—including China—is not uncommon. While many chains strive to source domestically where ...
From Labubu to Luckin Coffee, Chinese retail chains are betting big that American consumers can revive the growth they're losing at home.
A Brazilian subsidiary of China's ride-hailing company DiDi Global sued Chinese rival Keeta on Monday in a Sao Paulo court ...
Happy Thyme Asian Market, which offers a wide selection of Asian food and snacks, has opened in St. Cloud. The market will feature a Chinese restaurant, a food court with various Asian cuisines ...