Page 2 - Wang Xing News Today

The university housing President Biden's think tank recently saw its donations from China triple from its previous reporting period, records show.

Zhang ranked behind 44-year-old Wang Xing, 44, founder of food delivery giant Meituan and 62-year-old Xu Hang, founder of property developer Parkland Group.…

At age 21, Zhang Hongchao started peddling shaved ice treats. A quarter of a century later, he and his younger brother Hongfu have made a fortune selling soft-serve ice cream, coffee drinks and its super popular bubble tea and lemonade.

Although the 44-year-old entrepreneur still boasts a net worth of $9.3 billion, Meituan's shares have witnessed a staggering 50% drop since January, including a sharp 12% decline on Wednesday.

Chinese food delivery giant Meituan on Wednesday confirmed it had authorised a share buyback of up to $1 billion in value.

Chinese food delivery giant Meituan on Wednesday confirmed it had authorised a share buyback of up to $1 billion in value, a day after its chief executive…

The 44-year-old mogul still has a sizeable net worth of $9.3 billion, but he is having trouble convincing investors skeptical of the firm’s future outlook.

SHANGHAI :China's Meituan posted a bigger-than-expected 22.1per cent rise in third-quarter revenue on Tuesday, as the country's largest food delivery firm extended its recovery from the pandemic impact of last year.The platform, whose app provides services such as bike-sharing, ticket-booking and maps, report

SHANGHAI :China's Meituan on Tuesday said it expects fourth-quarter revenue growth for its core food delivery business to slow versus the preceding quarter, as persistent consumer caution and warmer weather for the winter season hits orders. Deliveries will also likely decline versus the same period last year

Agencies and staff reporter Meituan (3690) nearly tripled its net profit to 3.59 billion yuan (HK$3.93 billion) in the third quarter from a ...