Meituan
Combining restaurant reviews, daily deals, and food deliveries, the Tencent-backed firm comprises two popular apps, Meituan and Dianping.
Meituan expands AI push with new platform for businesses
Meituan said CatPaw has already been deployed internally, covering 90,000 employees, with more than 30,000 agents built.
Grace Priscilla Teo · · 1 min read
Meituan leads $73.9m round for Chinese robotics firm
This was Xynova’s third funding round in 2026, following pre-A and series A rounds in March and May.
Diya Lal · · 1 min read
Meituan open-sources LongCat-2.0 AI model
Meituan has deployed LongCat-based models in its app to support customer service and multi-agent interaction systems.
Aiko Gao Ishida · · 1 min read
The new rules of the AI game
Meta and Palantir offer two versions of the same AI strategy: selling control rather than tokens. Our top AI reads this week show why that matters.
Glenn Kaonang · · 8 min readMeituan open-sources massive AI model built on China tech
The company said LongCat-2.0 is part of its in-house foundation model program and is aimed at coding.
Aiko Gao Ishida · · 1 min readMeituan shares drop over 4% in Hong Kong trade
Meituan’s market value was about HK$500 billion (US$63.7 billion) in February.
Diya Lal · · 1 min readAlibaba offers $1.5b for Chinese grocery app Pupu
Pupu operates a 30-minute delivery network across 10 cities in Fujian, Guangdong, Sichuan, and Hubei.
Minh Le · · 1 min readChina’s Moonshot AI seeks $30b valuation in new round
Moonshot AI’s annual recurring revenue topped US$200 million in April 2024.
Naomi Li Gan · · 1 min readMeituan Q1 loss narrows as China delivery fight eases
Revenue for the quarter ended March 31 rose 5.6% year on year to 91 billion yuan, or about US$13.45 billion, in line with estimates.
Naomi Li Gan · · 1 min readChina’s Moonshot AI raises $2b at $20b valuation
Moonshot AI’s annual recurring revenue surpassed US$200 million as of April.
Diya Lal · · 2 min read