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The Latest Breaking News from Meituan

Business Brief (Oct. 17): U.K. Sanctions Chinese Firms Over Russia Ties

Chinese scientists report a major breakthrough in solid-state EV batteries, Indonesia confirms purchase of Chinese J-10 fighter jets

What's Fueling Alibaba Stock's Jump Past Its 52-Week High?

What's Fueling Alibaba Stock's Jump Past Its 52-Week High?

Alibaba Group's (NYSE:BABA) mapping and local services platform, Amap, reached a record 360 million daily users on the first day of China's National Day holiday, underscoring the company's growing push into the local services market.

Jack Ma Back At Alibaba? What's Going On

Jack Ma Back At Alibaba? What's Going On

Jack Ma has re-emerged at the center of Alibaba Group (NYSE:BABA) as the company intensifies its push into artificial intelligence and revives competition with JD.com (NASDAQ:JD) and Meituan (OTC:MPNGY).

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What's Going On With Alibaba Stock Monday?

Alibaba Group (NYSE:BABA) stock traded higher on Monday as its artificial intelligence endeavors continue to spur investor optimism.

Nvidia's China Chip Boom Faces Threat As Beijing Pushes For Homegrown AI

Nvidia (NASDAQ:NVDA) has popularized the accelerators that China should ditch, a top government adviser warned, urging the country to develop domestic chips that enable artificial intelligence.

DeepSeek And Meituan Emerge As China's Boldest AI Challengers

DeepSeek and Meituan (OTC:MPNGY) are emerging as China's strongest contenders in the escalating race to challenge OpenAI, Microsoft (NASDAQ:MSFT), Alibaba (NYSE:BABA), and Tencent (OTC:TCEHY) in global artificial intelligence.

Are There Opportunities to Invest in China?

Opportunities to invest in China are plentiful and, arguably, shouldn't be ignored in the U.S. Here's where to look.

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Alibaba Unites Its Empire To Fight Back Against Meituan

Alibaba Unites Its Empire To Fight Back Against Meituan

Alibaba Group (NYSE:BABA) and its fintech affiliate Ant Group, co-founded by Jack Ma, have launched a unified strategy to take on Meituan (OTC:MPNGY) in China’s instant commerce market.

Nvidia's Dilemma Could Redefine The Future Of China Tech ETFs

Nvidia's Dilemma Could Redefine The Future Of China Tech ETFs

Nvidia Corp’s (NASDAQ:NVDA) uneasy dance between Washington and Beijing is quickly becoming a market-defining saga for China-focused tech ETFs. The chipmaker is gearing up to ship its new AI chip, likely to be called the B30A processor, next month, according to a Reuters report. This new product will be a…

Yum China’s sales keep growing, but a fierce food-delivery price war may be weighing on investor sentiment

Yum China’s sales keep growing, but a fierce food-delivery price war may be weighing on investor sentiment

Yum China’s HK-traded shares are down about 3% since Tuesday, even as the KFC and Pizza Hut operator posted 4% year-on-year revenue growth last quarter.

China's Crackdown Forces Alibaba, JD, And Meituan To Call Truce On Price War

China's Crackdown Forces Alibaba, JD, And Meituan To Call Truce On Price War

Alibaba Group (NYSE:BABA), Meituan (OTC:MPNGY), and JD.com (NASDAQ:JD) pledged on Friday to end aggressive price-based competition that has squeezed margins and drawn regulatory scrutiny.

Party's Over: China Tells Alibaba, Meituan, JD To Stop Bleeding

Party's Over: China Tells Alibaba, Meituan, JD To Stop Bleeding

On Friday, China’s State Administration for Market Regulation (SAMR) called upon three of the country’s leading food delivery platforms: Alibaba Group’s (NYSE:BABA) Ele.me, Meituan (OTC:MPNGY), and JD.com (NASDAQ:JD). The regulator urged these companies to adopt more “rational” competitive practices amidst an escalating price war within the sector.

Meituan Cries 'Irrational!' As Alibaba Escalates Delivery Battle

Alibaba Group (NYSE:BABA) escalated China’s instant delivery price war by launching a massive 50 billion Chinese yuan subsidy program for consumers and merchants on its Taobao Shangou platform, intensifying an already cutthroat battle for market share against JD.com (NASDAQ:JD) and Meituan (OTC:MPNGY).

Alibaba Intensifies Instant Delivery Fight With New Campaign

Alibaba Intensifies Instant Delivery Fight With New Campaign

Chinese e-commerce juggernaut Alibaba Group Holding (NYSE:BABA) is intensifying its efforts in China’s fiercely competitive instant delivery market by launching a new 100-day Super Saturdays campaign under its Taobao Shangou brand.

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Alibaba Bleeds Billions As Delivery Price War Erases $100 Billion In Market Value

Alibaba Group Holding (NYSE:BABA) matched its record of 80 million on-demand deliveries on Saturday, intensifying its competition with Meituan (OTC:MPNGF) (OTC:MPNGY) and JD.com (NASDAQ:JD) in China’s high-stakes quick-delivery market.

Move over, Magnificent 7: Goldman Sachs proposes the 'Prom 10,' China's top stocks including Tencent, Alibaba and BYD

Goldman Sachs recently highlighted 10 different Chinese stocks that it thinks are best poised for growth. Together, they make up the “Prominent 10."

The Independent UK

China's army of food delivery drivers get by with help from discount 'loving meals'

More and more of China's migrant workers are choosing to work in the gig economy

The Guardian - UK

Humanoid workers and surveillance buggies: ‘embodied AI’ is reshaping daily life in China

China’s leaders see artificial intelligence as key to upgrading military strength, solving problems created by a shrinking workforce, and a source of national pride

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Beyond DeepSeek: 4 Chinese ETFs for AI & Tech Exposure

This article covers four major Chinese tech ETFs that can provide readers with exposure to developing AI technology with diversification.

Global Markets Rise On Positive Investor Sentiment

Global markets show positive momentum post-Trump's Treasury secretary nominee announcement. European and Asian shares rise, while tech stocks face challeng...

3 Top ETFs to Invest in China's Stock Market

China's recent economic stimulus measures have sparked a surge in investor interest, with three ETFs - iShares China Large-Cap ETF (FXI), KraneShares CSI China Internet ETF (KWEB), and Direxion Daily FTSE China Bull 3X Shares ETF (YINN) - emerging as popular options for investors seeking exposure to the Chinese market.

Evening Standard

Takeaways can now be delivered to tourists on the Great Wall of China via drone

It only takes five minutes for the drone to deliver your food

Drone Delivery Service Revolutionizes Great Wall Tourism Experience

Discover how Meituan's drone delivery service at the Great Wall of China showcases China's leadership in drone technology.

Buy This ETF to Bet on a Rebound for Beaten-Down Chinese Tech Stocks

The KraneShares CSI China Internet ETF is poised to benefit from a potential rebound in Chinese tech stocks, driven by the People's Bank of China's recent interest rate cuts and stimulus measures.

Meituan Beats Q4 Estimates With Strong Financial Results

Meituan's Q4 success, Ping An's impact, US-China relations, and investor sentiment in Asian markets.

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