Alibaba escalates China's delivery price war with 50 billion yuan subsidy program for consumers and merchants, intensifying ...

China's market regulator summoned food delivery companies Meituan, JD.com, and Alibaba's Ele.me to discuss competition ...

China’s food delivery landscape has been reshaped by an intense subsidy war, with JD.com and Alibaba together pledging a staggering ...

Prosus NV has offered to sell down its holding in Delivery Hero SE to help pave the way for regulatory approvals for its ...

A Meituan executive said the company had no choice but to join the latest round of what he called “irrational competition” ...

China’s largest venture capital houses are tapping the market for at least $2 billion in new funds, re-engaging with the ...

China’s ‘instant commerce’ sector is experiencing a cut-throat price war with companies launching massive subsidy programs ...

Alibaba Group Holding is launching a 100-day campaign to boost orders and lure customers away from rivals Meituan and JD.com in China's instant delivery market.

Meituan, China's leading technology-driven retail company, hosted the first-ever overseas ceremony of its renowned "Black Pearl Restaurant Guide" (the "Black Pearl") at Marina Bay in Singapore on ...

Daily delivery volumes at the mainland’s top on-demand delivery giant reached 150 million from 120 million last week.