Meituan-Dianping report: Only 4% of dining revenue comes from delivery

Meituan-Dianping data shows that the dining market grew 11.3 per cent in 2016...


Alibaba’s lifestyle unit Koubei snags US$1.1B to accelerate local expansion

Koubei recorded a loss of RMB 237 million last quarter Alibaba has grown into a...


Zhihu crowned China’s first knowledge sharing unicorn with 100m USD series D

Zhihu is the go-to place for Chinese seeking expert opinions and insights in...


Alibaba is seeking US$1B to grow its local services platform Koubei

The move to let in external investors may set it on a path to be listed as a...


Meituan-Dianping moves to second-half era with payment startup acquisition

Meituan-Dianping is now able to run financial services ranging from mobile...


Baidu’s group-buying arm Nuomi dismisses merger rumour with China’s Groupon, Meituan Dianping

A source said Baidu Waimai had made contact with Meituan Dianping on the merger,...


Baidu’s group-buying arm Nuomi dismisses merger rumour with China’s Groupon, Meituan Dianping

A source said Baidu Waimai had made contact with Meituan Dianping on the merger,...