Deliveroo Plc will close its Hong Kong business after weak sales in the city weighed on the company’s international division.

Can Keeta, Meituan’s global brand, sustain its low-cost strategy in the Middle East’s highly competitive market?

Recent interviews conducted by YiMagazine from First Financial shed light on the skepticism delivery riders have towards their platforms’ commitment to social security payments. Out of over ten ...

Deliveroo says it has nominated liquidators to manage closure of the business and the remainder of its assets.

The deal amounted to HK$40.9m, or at HK$172.2 per share, 1.5% lower than previous close. MEITUAN-W is now trading down 3.66% to HK$168.5, with 29.02 million shares of HK$4.93b ...

Meituan, China’s local services platform, is accelerating its global expansion with a renewed focus on grocery retail, ...

The London-based delivery company will sell some assets to rival Foodpanda, owned by Delivery Hero SE, and close other assets ...

Deliveroo’s exit from Hong Kong market follows intense competition from Keeta and its own financial losses in the city.

Hongkonger Tam Yuen has earned an average of HK$50,000 (US$6,435) per month from food deliveries alone, even as he has a full ...

Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for ...

The deal amounted to HK$178.09m, or at HK$174.7 per share, 1.9% higher than previous close. MEITUAN-W is now trading up 4.9% to HK$179.9, with 15.67 million shares of HK$2.78b ...

Singapore depository receipts allow investors to invest directly in overseas stocks through the SGX. Read more at ...