Meituan’s new business initiatives bear fruit
The company’s core local commerce business revenue increased 27.4% in the first quarter, as its money-losing new businesses also grew by 18.5% amid narrowing operating losses By KGI Asia…
Meituan prepares for overseas voyage with CEO Wang Xing as captain
The online-to-offline service provider’s founder will personally lead his company’s global pivot, hoping to imitate the success of other Chinese internet majors Key Takeaways: Meituan is launching a major restructuring…
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