Meituan, China’s biggest food delivery app, reported a 28% rise in revenue for the third quarter. Demand for deliveries of meals and groceries was strong during the quarter, as China’s strict Covid-19 restrictions forced many consumers to spend more time at home. Meituan’s solid growth stands when most other Chinese internet giants are struggling to adapt to a tough economic environment....
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
google
semiconductors
To Reduce AI Costs, Google Wants to Ditch Broadcom as Its TPU Server Chip Supplier
entertainment
media/telecom
Disney-Charter Deal Could Prompt More Cable TV-Streaming Bundles