Tag Archives: meituan

CoinspeakerMeituan Surpasses Expectations with Impressive Q2 2023 Results In the face of changing dynamics for China’s tech giants, Meituan has demonstrated a commitment to strategic expansion into adjacent sectors. Meituan Surpasses Expectations with Impressive Q2 2023 Results

CoinspeakerChinese Project Zhipu AI Sees Huge Boost, Gets Meituan Funding Zhipu AI was founded in 2019 as a creative invention by the Chinese prestigious Tsinghua University. Chinese Project Zhipu AI Sees Huge Boost, Gets Meituan Funding

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While this may come as a surprise to many but the less known and less trendy Pinduoduo has overtaken the upscale internet retailer JD.com both in share price and valuation. The share price rose on NASDAQ more than 12% to $39.96 giving it a market capitalization of $46 billion ahead of JD’s $45 billion. This makes Pinduoduo the 4th largest internet Chinese company whose shares are listed in another country with Meituan at $65.572 billion, Tencent at $385 billion, Alibaba at $449 billion. This...