News

Battle of billionaires: China’s food delivery market faces shake up as JD takes on Meituan
The fight escalated this week as both companies accused each other of blocking delivery riders from accepting orders from ...
Meituan: Fundamentals Intact Amid JD's On-Demand Ambitions
Meituan stock dipped 20% after JD's food delivery entry. Click to read if MPNGY is holding up to challenges presented by the ...
China tech stocks are red-hot this year — but 2 are plunging as the battle for food delivery dominance intensifies
Share prices of Meituan and JD.com are under pressure, highlighting the fierce competition in China's food delivery market.
Videos show just how far ahead China's drone delivery is compared to the US
The US is still experimenting with drone delivery, but Chinese companies have been doing it successfully for years.
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Retail Giants Collide as Meituan and JD Target Each Other’s Turf
The two firms are expanding into rival territory, escalating a high-stakes fight over speed, reach, and market share.
JD.com’s billionaire founder delivers food in publicity stunt to challenge Meituan
The move reflects the e-commerce giant's commitment to expanding its recently launched food delivery business, analysts say ...
JD.com, Meituan Shares Drop as Food-Delivery Battle Heats Up
Shares of JD.com and Meituan slumped on Tuesday as intensifying competition in China's food-delivery market fuels concerns about thinning margins and near-term profitability. Both JD.com and Meituan ...
JD.com (JD) Shakes Up China’s Food Delivery Market with 100,000 New Riders
E-commerce giant JD.com (JD) disclosed plans to hire 100,000 full-time delivery riders in the next three months. This major ...