Meituan says Covid-19 effects may linger after upbeat Q4

By Emma Lee

Meituan Dianping reported strong fourth quarter revenue, exceeding analyst consensus expectations, and booked profits for a third consecutive quarter but warned that adverse effects from the Covid-19 outbreak could last the entire year.

Why it …

Meituan is shuttering its cloud business

By Emma Lee

Chinese food delivery and services platform Meituan Dianping is shutting down its public cloud service in order to retain focus on its core businesses.

Why it matters: Halting its cloud computing services is a major pullback in Meituan’s expans…

MEITUAN IN FOCUS | A matter of timing

By Nicole Jao and Emma Lee

In 2018, Chinese tourists made 150 million international trips, and four years later, China became the world’s largest outbound travel market. Within China, billions of domestic trips are made each year. But in 2020, those figures will look a lot diffe…

Ride-hailing app Didi is testing home delivery services

By Jill Shen

Mar 11, 20202 min read Screenshots showing the launch of Didi’s home delivery service “Paotui” in the eastern Chinese city of Hangzhou. (Image credit: TechNode)

China’s massive ride-hailing platform Didi Chuxing has introduced home delivery optio…