Meituan

Meituan, a Chinese shopping platform for locally found consumer products, has been ruled to pay local competitor Ele.me RMB 352,000 ($53,852) for unfair competition infringement.

The company reported an adjusted loss of 1.44 billion yuan in the fourth quarter of 2020, compared with a profit of 2.27 billion yuan in the same period of 2019.

Meituan is accused of using its dominant market position to remove support for Alipay payments, making it impossible for consumers to make payments via Alipay in the Meituan APP.

China's online-service super-app Meituan Dianping announced on October 9 that the company's name had been changed to "Meituan" from September 30.

Last week, Honor partnered with China's online-service super-app Meituan to launch a "shared laptop" service during this year's National Day, and now their joint shared tablet is here as well.

Huawei's Honor brand said today that it is partnering with China's online-service super-app Meituan to launch a shared laptop service during this year's National Day holiday in China.

China's online-service super-app Meituan Dianping plans to simplify its name to Meituan  

China’s online-service super-app Meituan Dianping has been in frequent contact with some service providers recently and plans to increase taxi subsidies for users, Jiemian.com said, citing sources with knowledge of the matter.

Five-year-old Chinese EV player Li Auto filed a prospectus with the SEC yesterday in preparation for its listing on the Nasdaq under the symbol "LI". Once Li Auto goes public, it will become the second Chinese smart electric car company to go public in the U.S. after Nio.

Chinese electric vehicle startup Li Auto is on the verge of raising $550 million in Series D funding that is led by Chinese food delivery firm Meituan, according to LatePost.