Meituan

Alibaba bids US$1.5 billion for China grocer in fight with Meituan

On Wednesday (Mar 25), Alibaba Group's shares closed up 4.6%.

Meituan, Alibaba shares jump as Beijing vows to end price wars

In Q3 last year, Meituan posted its first quarterly loss since late 2022, and warned of further losses as a price war with rivals squeezes margins.

China probes competition among food delivery platforms to curb price war

Since 2025, Beijing raised scrutiny of retail after Alibaba, JD and Meituan spent billions on delivery subsidies.

China targets online commerce battles in latest regulatory salvo

DeepSeek’s latest two models match the reasoning performance of OpenAI’s GPT-5 and Google’s Gemini 3 Pro.

China’s open-source AI is a national advantage

Although Beijing remains risk-averse, it increasingly views the fintech sector as having sufficient oversight, while consumer subsidies are indirectly spurring growth.
ANALYSIS

China’s internet firms cautiously revive lending as Beijing pushes consumer loans

Meituan has a 2.125% US$750 million bond maturing on Tuesday, with its next major offshore regular bond due in 2028.

Meituan seeks to raise US$3 billion in dual-currency bond sale

Meituan has faced an increasingly crowded field in China’s food delivery sector, where rivals have been slashing prices.

Meituan plans debut dim sum bonds in up to 10 billion yuan sale

The Xiaomei agent allows users to order meals via voice command and help them book restaurants.

Meituan launches AI agent to boost food delivery business

Alibaba and Meituan are among the prominent tech companies in China locked in a bitter battle for market share in “instant retail”, flooding consumers with discounts and coupons in the booming one-hour delivery segment.

Alibaba mapping app steps into local business rankings, intensifying competition