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

Alibaba matched its all-time high of 80 million on-demand deliveries on Saturday as it intensified its competition with ...

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, Taobao, Ele.me and JD.com shower consumers with freebies and promotions, leaving customers gleeful and merchants ...

Meituan, a China-based shopping-and-delivery platform, plans to buy back its shares valued up to $1.0 billion, a day after announcing solid third-quarter results.

The 2025 edition of the Food Delivery App Report is now available, with key insights into the market and new data on how the ...

A sustained, steep selloff in Meituan briefly drove the Chinese delivery giant’s stock below its 2018 initial public offering price.

Explore Meituan stock price, quotes, charts and forecasts with Benzinga. Stay updated on market trends for MPNGF.

Shares of Hong Kong-listed food delivery service Meituan fell as much as 10% after Reuters reported that shareholder Tencent Holdings was planning to sell all or a bulk of its $24 billion stake ...