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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 expressed the board's intention to do so.Meituan CEO Wang Xing had said on Tuesday that the board had authorised a share buyback of up to $1 billion bu
In a strategic move into the burgeoning field of generative AI, Meituan, the Chinese food delivery behemoth, has unveiled "Wow," an AI social interaction ... AI, Alibaba, Artificial Intelligence, Baidu, ChatGPT, China, chinese, currency, Education, Generative AI, Meituan, Meituan Dianping, online shopping, Renminbi, search engine, social media, Startup, technology, Tencent, Tencent Music, University, venture capital, Weibo, Yuan
After the success of its extended-range cars, the Nasdaq-listed EV maker plans to go purely electric.
Meituan shares fell 5% Friday after CEO Wang Xing warned of a food delivery slowdown in the third quarter during the firm’s latest earnings call on Thursday.
Meituan shares fell 5% Friday after CEO Wang Xing warned of a food delivery slowdown in the third quarter during the firm's latest earnings call on Thursday.