Meituan

Chinese Antitrust Watchdog May Hit Meituan With $1B Penalty

Chinese Antitrust Watchdog May Hit Meituan With $1B Penalty
Chinese Antitrust Watchdog May Hit Meituan With $1B Penalty
August 06, 2021  |  Cross-border Payments

Amid stepped-up regulatory scrutiny of Big Tech firms in China, the country’s antitrust watchdog is reportedly getting ready to hit food delivery platform Meituan with...

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China Intensifies Antitrust Scrutiny On Domestic Tech Businesses
China Intensifies Antitrust Scrutiny On Domestic Tech Businesses
June 17, 2021  |  ANTITRUST

Chinese officials are stepping up antitrust probes into numerous domestic technology firms, popping into facilities unannounced, The Wall Street Journal (WSJ) reported. Get the Full...

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Big Tech Compliance Tracker: G7 Nations Ink Tech Reg Agreement; Apple Hit With $12 Million Fine From Russia
Big Tech Compliance Tracker: G7 Nations Ink Tech Reg Agreement; Apple Hit With $12 Million...
May 03, 2021  |  Legal & Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. Get the Full Story Complete the form to unlock this...

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China Expands Big Tech Probe To Focus On Meituan
China Expands Big Tech Probe To Focus On Meituan
April 26, 2021  |  Cross-border Payments

Chinese regulators are taking an even closer look at Meituan, an app that lets users order a variety of services that include meal delivery as...

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Meituan Seeks $10 Billion To Compete In Chinese Grocery Wars
Meituan Seeks $10 Billion To Compete In Chinese Grocery Wars
April 19, 2021  |  Retail

The Chinese delivery leader Meituan is aiming to raise roughly $10 billion to compete with companies like Alibaba. According to Bloomberg, Meituan is looking to...

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Top 4 Chinese Tech Firms Shed $200 Billion As Regulators’ Alibaba Probe Scares Away Investors
Top 4 Chinese Tech Firms Shed $200 Billion As Regulators’ Alibaba Probe Scares Away Investors
December 28, 2020  |  Cross-border Payments

Alibaba led another day of high-octane selling that was driven by fears of further antitrust crackdowns, Bloomberg reported. Get the Full Story Complete the form...

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Today In Payments Around The World: Meituan Revenues Surge 28.8 Pct; Amazon Merchants Cash In With $4.8 Billion Global Holiday Sales
Today In Payments Around The World: Meituan Revenues Surge 28.8 Pct; Amazon Merchants Cash In...
December 01, 2020  |  News

In today’s top payments news around the world, total revenues for China-based Meituan increased in Q3 by 28.8 percent year over year, and Amazon merchants...

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Meituan Revenues Up Nearly 30 Pct YOY In Q3
Meituan Revenues Up Nearly 30 Pct YOY In Q3
November 30, 2020  |  Earnings

Food delivery emerged as the top earner in the third quarter for China-based firm Meituan, according to a report from the company. Get the Full...

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