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 offices in California as they seek to poach workers from American competitors for their generative artificial intelligence (AI) efforts, the...
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 buy now, pay later (BNPL) via Klarna, the Mirror reported Tuesday (Oct. 11). Consumers are given the option to pay...
China’s Tencent Holdings wants to sell most — if not all — of its stake in the food delivery platform Meituan as the government cracks down on the country’s Big Tech companies. That’s according to a report Tuesday (Aug. 16) by the Wall Street Journal,...
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 during the COVID pandemic. As Reuters reported Monday (April 18), the regulator told platforms to improve the way they manage...
March 16, 2020
Mobile order-ahead is growing faster than ever before, with digital ordering and delivery having grown 300 percent faster than in-store dining since 2014. Approximately 60 percent of Americans use digital ordering services at least once a week, with 59 percent of millennials’ restaurant interactions consisting of takeout or delivery. Many of these interactions are through […]
December 17, 2024
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 the retail giant on its popular app, Reuters reported Tuesday (Dec. 17), citing a WeChat post by Walmart’s China unit. That post added that the collaboration will help Walmart bolster its eCommerce […]
November 19, 2024
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 offices in California as they...
August 16, 2022
China’s Tencent Holdings wants to sell most — if not all — of its stake in the food delivery platform Meituan as the government cracks down on the country’s Big...
April 18, 2022
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 during the COVID pandemic. As...
