INSUBCONTINENT EXCLUSIVE:
Meituan, mainland China’s top on-demand delivery giant, said on Sunday that daily orders on its platform have surged to another all-time
high – a sign that the company has managed to fend off competition from rivals like JD.com and Alibaba Group Holding.
The Beijing-based
company said daily transactions had reached 150 million, just days after surpassing 120 million last week.
The firm’s record daily orders
for both food and retail goods delivery comes at a time when major Chinese e-commerce...
