Meituan blocks payment via Alipay as rivalry intensifies

By Emma Lee

Chinese online to offline giant Meituan has suspended Alibaba-backed payment tool Alipay as a payment option for some users on its services super app.

Why it matters: While not the first time it has suspended Alipay payments, Meituan’s move highligh…

Mini programs are the new mobile app growth driver: report

By Emma Lee

Mini programs are an increasingly important growth driver for apps, functioning as an entry point for Chinese mobile users to access online services, according to a recent report on Chinese internet trends in the first half of the year.

Why it matte…

Meituan may invest $500 million in EV startup Li Auto

By Jill Shen

Chinese electric vehicle startup Li Auto is about to close a $550 million round of funding led by Meituan Dianping, as the local services giant looks to gain a firmer foothold in the country’s emerging electrified vehicle market.

Why it matters:&nbs…

Meituan says Covid-19 effect to extend beyond Q1 losses

By Emma Lee

Meituan Dianping reported smaller than expected losses in the first quarter as a result of the Covid-19 outbreak, sending its share prices up more than 8% in Tuesday trading.

Why it matters: Earnings season offers a closer look at how Chinese tech m…