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Chinese Delivery Robot Specialist PuduTech Pockets $78 Million In New Funding
Chinese indoor delivery robot developer PuduTech has raised 500 million yuan ($78 million) in its series C funding round, reflecting investor bullishness about a future in which completely autonomous deliveries become commonplace at locations such as hotels and restaurants.
by caixinglobal
2021-05-20
2021-05-20
Hong Kong Listed Meitu Invests $40 Million in Cryptocurrency
Chinese image beautification app maker Meitu has made a major investment in cryptocurrencies in the hope of reducing its exposure to holding cash. The move comes as the firm looks to enter the blockchain industry.
by caixinglobal
2021-03-10
2021-03-10
Chinese Meituan to Raise USD 2 Billion in Debt, Partly for “Refinancing”
The five-year bonds carry a yearly interest rate of 2.125% while the ten-year notes pay 3.05%, indicating the company’s capabilities to borrow at lower costs outside the Chinese mainland, where the 5-year benchmark lending rate is set at about 4.75%.
by KrAsia
2020-10-23
2020-10-23
MeiTuan released a survey report on the take-out industry: it is estimated that the turnover of the take-out industry will reach 603.5 billion yuan in 2019
It is estimated that the annual turnover of the take-out industry will reach 603.5 billion yuan in 2019, a year-on-year growth of 30.8%.
by Carol
2019-12-18
2019-12-18
China’s Food Supply Chain Company Lehe Food Raised Hundreds of Millions of Yuan in a Series B+ Round Funding Led by Longzhu Capital of Meituan
Established in 2006, Lehe Food is committed to building a comprehensive commercial chain of the food industry to provide customers with safe, cheap food whose quality is guaranteed.
by Carol
2019-10-22
2019-10-22
Meituan Testing the Waters for Drones and Robots in Food Delivery Services
Meituan’s chief scientist and managing director of its automated delivery business, Mr. Xia Huaxia, disclosed on the World Artificial Intelligence Conference 2019 that human-machine collaboration would become the new normal in the food delivery industry.
by Hayden
2019-08-30
2019-08-30
EV Developer Lixiang Automotive Raised $530 Million in a Series C Round Funding Led by the Founder of Meituan Wangxing
EV developer Lixiang Automotive raised $530 million in a series C round funding led by the Meituan’s founder Wangxing and followed by its previous stakeholders including Bluerun Venture Capital.
by Zach
2019-08-20
2019-08-20
VC firm behind ByteDance and Meituan raises new funds
Source Code Capital, the venture capital firm behind several Chinese tech unicorns, has announced the completion of a new fundraising round that yielded USD 570 million.
Source Code Capital, the venture capital firm behind several Chinese tech unicorns, has announced the completion of a new fundraising round that yielded USD 570 million.
by Carol
2019-04-09
2019-04-09
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