Meituan

JD.com Plans Major Expansion with 100,000 New Delivery Riders in China

1 month ago

In a significant move aimed at bolstering its logistics capabilities, JD.com has announced an ambitious plan to recruit an additional 100,000 delivery riders throughout China. This initiative is designed to strengthen the company’s competitive edge against its main rival, Meituan, which has dominated the food delivery sector.

Meituan Reports Impressive 20% Revenue Growth, Signaling Strength for Global Expansion

2 months ago

In a recent financial report, Meituan, a prominent Chinese online services platform, revealed a remarkable 20% increase in revenue. This surge highlights the company's robust performance and sets the stage for its ambitions to expand its global footprint.

Meituan Eyes Expansion Following Hong Kong Market Triumph

2 months ago

In a significant boost to its business operations, Meituan, a leading Chinese service platform, is preparing to capitalize on its recent successes in Hong Kong. The company has demonstrated its resilience in an ever-evolving market, displaying robust financial health and a willingness to innovate and expand its service offerings.

JD.com Faces Profit Pressures as Competition with Meituan Intensifies

3 months ago

In a volatile business landscape, JD.com, one of China's premier e-commerce giants, is anticipated to experience significant profit pressures amid escalating competition with rival firm Meituan. Analysts have closely scrutinized JD.com's financial outlook as it gears up for what many perceive to be a pivotal confrontation in the online retail sector.

Alibaba, JD, and Meituan Shares Soar Following Major China Stimulus Announcement

8 months ago

On September 27, 2024, China's tech giants including Alibaba Group Holding Ltd., JD.com Inc., and Meituan saw their stocks surge strongly. The rally later joined on the back of a generous stimulus package announced by the Chinese government to prop up the country's sluggish economy.