Dada Nexus: Path to Profitability Speeds Up, Works to Support China’s Real Economy
On August 23, 2022, Dada released its Q2 2022 results and reported 2.28 billion in revenue, up 55% year after year. The Gross Merchandise Volume (GMV) of JDDJ, surged 69% to CNY 54.6 billion.
Aug 29, 2022 08:20 PM
China’s Food and Beverage Industry in Search of Methods to Shrink its Carbon Footprints
Meituan and Ele.me Lose Lawsuits Due to Unfair Competition, Catering Businesses Benefit
On April 14, the Huaian People's Court of Jiangsu Province made a judgment that Beijing Sankuai Technology Co., Ltd. (Meituan) should compensate CNY 352,000 to Shanghai Lazasi Information Technology Co., Ltd. (Ele.me). Meanwhile, Ele.me was also ordered to pay fines to Meituan for the same reason.
Apr 14, 2021 09:09 PM