Food delivery
South-east Asia’s digital economy revenue set to hit US$135 billion in 2025: report
The region’s gross merchandise value is also expected to grow to US$305 billion this year
Meituan seeks to raise US$3 billion in dual-currency bond sale
The company operates online platforms for food delivery and other consumer products
Meituan plans debut dim sum bonds in up to 10 billion yuan sale
The dim sum bond market has also drawn interest from local Chinese governments and countries such as Indonesia
CGS International upgrades Grab to ‘add’, raises target price to US$7 on financial services turnaround
Segment losses are expected to ‘narrow sharply’, says analyst Jacquelyn Yow
No pause for food delivery riders during Pakistan’s monsoon
[LAHORE] Abdullah Abbas waded through Lahore’s flooded streets, struggling to push his motorcycle and deliver a food order on time.
Meituan launches AI agent to boost food delivery business
[HONG KONG] Meituan has launched a new artificial intelligence (AI) agent app that aims to boost its food delivery and local services business, as its battle with Alibaba Group Holding for Chinese con...
Tencent’s AI restraint shows risk of Alibaba, JD food war
In China, the industry is just as enthralled by a three-way battle to deliver the cheapest meals and knick-knacks, fastest
Dynamic wages make work a gamble
Ride-hailing and food delivery companies’ new pay models use algorithms to decide bespoke fees
Prosus set to win EU nod for US$4.74 billion Just Eat deal: sources
Delivery Hero and Europe’s biggest meal delivery company compete with each other in Austria, Bulgaria, Italy, Poland and Spain
Alibaba risks deepening US$100 billion rout as turf war heats up
The company has merged its delivery unit into its core business and boosted subsidies since JD.com’s formal entry to the space in February