Ele.me

Chinese food-delivery giant Meituan to debut in Saudi Arabia’s capital Riyadh as international expansion quickens

by

The company’s foray into Riyadh will pit Meituan against local rivals including Jahez International Co, Delivery Hero’s Talabat and HungerStation and Uber Technologies-backed Careem. The move comes as Saudi Arabia, already the region’s biggest economy, devises plans to invest trillions of dollars to become a tourism and commercial hub. The skyline of Riyadh, the capital … Read more

China’s internet giants must step up opening their ‘walled gardens’, state media says, ahead of Tencent flagship game’s return to Douyin

by

“In the future, internet companies need to be more open-minded and inclusive to promote truly win-win cooperation in the industry,” the Securities Times article said. Increased collaboration between China’s major internet companies are expected to not only benefit consumers, but help further expand the industry, according to state media. Photo: Shutterstock While China’s gross domestic … Read more