Meituan Outperformance May Gather Pace as Sales Bump Expected
A surge in sales expected for Meituan may be a catalyst to its shares, which have outperformed peers
2023-08-24 08:52
Tencent Revenue Disappoints in Warning for China Tech Sector
Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it
2023-08-16 17:51
Alibaba’s Sales Beat Estimates in First Step of Comeback Effort
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
2023-08-10 18:25
Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 08:47
China Premier Meets Major Tech Companies, Vows More Support
Chinese Premier Li Qiang met with senior executives from the country’s leading technology firms including Alibaba Group Holding
2023-07-12 21:18
China Tech Stocks Rally on Growing Signs Long Crackdown Is Over
There are growing signs the tide is turning for Chinese technology shares after a years-long crackdown that wiped
2023-07-12 17:51
Meituan Buys Co-Founder’s Months-Old AI Startup for $234 Million
Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery
2023-06-29 18:48
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:18
Meituan Planning Hong Kong Debut as Soon as Monday, Sources Say
Meituan is set to launch a sister app in Hong Kong as soon as Monday, taking the world’s
2023-05-18 18:55