Meituan (3690.HK)
- Bloomberg
Tencent Resumes Slim Growth As China’s Internet Sector Stirs
(Bloomberg) -- Tencent Holdings Ltd. jumped its most in three weeks after the Chinese social media leader reported a resumption in revenue growth, fueling hopes of a Chinese economic recovery and looser regulatory environment in 2023.Most Read from BloombergJack Dorsey’s Block Falls After Hindenburg Says It’s Short the StockUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidShort Seller Hindenburg Says ‘Another Big One’ Coming SoonFinally, a Serious Offer to Take Putin Off Russia’s
- Financial Times
Didi fights back in China
When Uber was fighting Didi to become the dominant ride-hailing app in China in 2016, its drivers reported receiving a text message that drove home just how cut-throat competition in the country could be. The message appeared to come from Uber’s China headquarters. The recipients were told that Uber China was shutting down and not to expect payment.
- Bloomberg
Meituan’s Billionaire Co-Founder Joins China’s AI Chatbot Rush
(Bloomberg) -- Billionaire Meituan co-founder Wang Xing is clambering aboard a global investment wave to create ChatGPT-like AI bots.Most Read from BloombergCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeBillionaire Charles Schwab’s Fortune Is Slammed by SVB Fallout‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapBonds Rocket, Stocks Steady as Fed Rate Path Eyed: Markets WrapWang, who’s largely stayed out of
