SHANGHAI, Aug 27 (Reuters) - China's leading food delivery group Meituan (3690.HK), opens new tab posted an 89% drop in second-quarter adjusted net profit on Wednesday, hit by rising competition in ...

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Heavy subsidy spending in China’s food-delivery battle led Meituan to report a 19.8 billion yuan ($2.7 billion) operating loss in the third quarter of 2025, its largest since listing. Alibaba’s ...

Mr. Dreyer, an editor and writer who focuses on the Chinese political economy and science, wrote from Shanghai. In late September, 11 Republican members of Congress wrote to the directors of national ...