Techmeme

JD.com's costly bid to challenge Meituan in food delivery, while the latter enters the e-commerce space, has led to a loss of ~$70B in combined market value (Charlotte Yang/Bloomberg)

Charlotte Yang / Bloomberg: JD.com's costly bid to challenge Meituan in food delivery, while the latter enters the e-commerce space, has led to a loss of ~$70B in combined market value  —  While much of the world is focused on a volatile international trade war, two of China's largest internet companies are inflicting greater damage on each other at home.

Apr 25, 2025 - 07:27
 0
JD.com's costly bid to challenge Meituan in food delivery, while the latter enters the e-commerce space, has led to a loss of ~$70B in combined market value (Charlotte Yang/Bloomberg)

Charlotte Yang / Bloomberg:
JD.com's costly bid to challenge Meituan in food delivery, while the latter enters the e-commerce space, has led to a loss of ~$70B in combined market value  —  While much of the world is focused on a volatile international trade war, two of China's largest internet companies are inflicting greater damage on each other at home.

Read More

Tags:

Previous Article

Implement NextAuth with Next.js and TypeScript

Next Article

OpenAI expands deep research usage for Plus, Pro, and Team users with an o4-mini...

Related Posts

Thomson Reuters has won the first major AI copyright case in the US, filed in 2020 against the legal AI startup Ross Intelligence (Kate Knibbs/Wired)

Thomson Reuters has won the first major AI copyright ca...

Feb 11, 2025  0

Snap updates Spectacles AR glasses to add GPS support for Lenses, improved hand tracking, an AR keyboard, and more (Andrew Liszewski/The Verge)

Snap updates Spectacles AR glasses to add GPS support f...

Mar 17, 2025  0

The Xbox Kinect, released in 2010 and discontinued in 2017, has found applications beyond gaming, including in interactive art, pornography, and ghost hunting (Geoffrey Bunting/The Guardian)

The Xbox Kinect, released in 2010 and discontinued in 2...

Mar 4, 2025  0