MarketPulse

instant commerce

2 articles
BenzingaBenzinga··Bamboo Works

Dingdong Sells China Grocery Unit to Meituan as India Tightens Foreign Investment

Dingdong Fresh sells China grocery unit to Meituan for $717M amid intense competition. India tightens scrutiny of Chinese investments in cross-border deals.
BABADDLMPNGYJDPDDM&Ainstant commerce
BenzingaBenzinga··Bamboo Works

Meituan Posts $2.3B Loss as Instant Commerce Competition Intensifies

Meituan posted a $2.3B Q4 loss amid intense instant commerce competition with Alibaba and JD.com. Losses expected to continue through 2026.
BABAMPNGYJDinstant commercemarket competition