have already prepared their maps to tap into the food retail and grocery delivery respectively. Led by Chinese strategist Jack Ma, Alibaba seems to have identified that grocery is the next ...

Share prices of Meituan and JD.com are under pressure, highlighting the fierce competition in China's food delivery market.

The company is reportedly in talks to acquire Trendyol Go, the food and grocery delivery arm of e-commerce heavyweight Trendyol Group, which is majority-owned by Alibaba. Details of the potential ...

Shares of JD.com and Meituan slumped on Tuesday as intensifying competition in China's food-delivery market fuels concerns about thinning margins and near-term profitability. Both JD.com and Meituan ...

The company is reportedly in talks to acquire Trendyol Go, the food and grocery delivery arm of e-commerce heavyweight Trendyol Group, which is majority-owned by Alibaba. Details of the potential deal ...