Walmart has teamed with China’s Meituan to fortify its eCommerce business in that country. The partnership will see Meituan provide delivery service for Walmart products and begin featuring...
Chinese tech giants are reportedly using Silicon Valley to recruit for their AI projects. Companies such as ByteDance and Alibaba have recently begun expanding their...
U.K.-based food delivery service Deliveroo is asking the question, “Do consumers want to pay for their burritos in multiple installments?” The company is now offering...
China’s Tencent Holdings wants to sell most — if not all — of its stake in the food delivery platform Meituan as the government cracks...
Shanghai’s market regulator has summoned a dozen eCommerce firms, including food delivery platforms Meituan and eleme.me, to discuss a range of topics including price gouging...
Meituan, the Chinese food delivery company, lost $26 billion in value as of Friday after regulators wanted to lower fees food platforms are charging restaurants,...
China’s food delivery service Meituan has become the latest tech firm to let customers use central bank digital currency (CBDC) payments. As CoinTelegraph reported Friday...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. BIS Wary Of Big Tech’s Market Power, Data Concentration In...
Amid stepped-up regulatory scrutiny of Big Tech firms in China, the country’s antitrust watchdog is reportedly getting ready to hit food delivery platform Meituan with...