The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based lidar
The Chinese government's announcement of a three-child policy sent speculators into stocks that could potentially benefit from a baby boom. Meituan was the star of the week as investors welcomed its h
HONG KONG, June 4, 2021 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, today announced the launch of the Meituan Green Tech Fund and a series of

IEMG: Emerging Markets Are Booming

11:53am, Friday, 04'th Jun 2021
IEMG: Emerging Markets Are Booming
Wang Xing has donated a $2.3 billion stake in his food delivery giant Meituan to his own philanthropic foundation, according to a stock exchange filing published late Thursday.
The founder of food delivery giant Meituan Dianping will donate shares worth about $2.27 billion to his personal charity, a stock exchange filing late on Thursday showed, making him the latest Chinese
The strengthening in the Chinese yuan spurred investors to rotate back into growth and consumer names. Whether the rotation play into value and cyclical has halted remains to be seen. Tencent Holdings
HONG KONG, May 28, 2021 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, today announced the unaudited consolidated results of the Company for the
These companies have enormous potential given the size of their markets and opportunities to build infrastructure in those regions, said Citi's David Bailin.
Chinese regulators have opened an antitrust probe into Meituan not long after fining Alibaba $2.8 billion in a similar investigation.
Hong Kong-listed shares of Chinese food delivery giant Meituan (OTC: MPNGY) plunged for a second straight session on Tuesday, down about 15% cumulatively. What Happened: The stock, which is part of C
A plethora of positive data points reflecting a buoyant Chinese economy was released late in the week.
There is plenty of room to reduce the costs of food delivery riders as Meituan is now aiming at unmanned delivery. The buzzword “community group buying” sounds quite tempting, yet it is more suita

The Great Reset For Chinese Internet Giants

09:00am, Sunday, 02'nd May 2021
Guangdong and Zhejiang, home to Tencent and Alibaba respectively, achieved higher than the national average GDP growth - indicative of the economic contribution of the two Chinese internet giants.
Experts weigh in on China's tumultuous campaign to reign in its powerful tech companies.
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