Meituan returns to profit as Q1 revenue beats estimates
Chinese food delivery giant Meituan on Thursday returned to net profit in the first quarter on forecast-beating revenue.
Source: dealstreetasia.com
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Meituan returns to profit as consumer spending rebounds in Q1 · TechNode
Chinese food delivery giant Meituan posted a net profit of RMB 3.36 billion ($486 million) in the first quarter of 2023.
Source: technode.com
ByteDance founder opens personal fund in Hong Kong · TechNode
The new investment fund signals a move by Zhang, who stepped down as CEO of ByteDance in 2021, to diversify his wealth.
Source: technode.com
Meituan faces new challengers in China's booming local life services sector · TechNode
Social media platform Xiaohongshu and ByteDance-owned TikTok sibling Douyin are among those making inroads into the local life services market
Source: technode.com
Founder of TikTok owner ByteDance Zhang Yiming makes fresh donation while keeping a low profile
The entrepreneur is adding nearly US$29 million to a charitable education fund in his hometown, his first bout of publicity since 2021.
Source: scmp.com
From Big Tech to AI Startups: Chinese Tech Veterans Resign to Hop on the ChatGPT Bandwagon-钛媒体官方网站
The defining characteristic of human civilization is the use of fire and tools. Today, AI engineers have mastered this fire, and they determine its intensity and where it burns.
Source: tmtpost.com
Meituan Takes On The World With Hong Kong As Launchpad (OTCMKTS:MPNGY)
Meituans long-awaited food delivery service launch in Hong Kong appears to be just around the corner. Click here to see why the stock is a Hold.
Source: seekingalpha.com
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Caixin Global - Latest Business and Financial News on China, U.S. Trade War and Negotiations, Breaking News, Headlines and Developments
Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.
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Caixin Global - Latest Business and Financial News on China, U.S. Trade War and Negotiations, Breaking News, Headlines and Developments
Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.
Source: caixinglobal.com