Edition:
United Kingdom

Brenda Goh

China food delivery firm Meituan continues strong run since listing

1:54pm GMT

BEIJING Chinese food delivery giant Meituan Dianping beat market expectations with a 44% jump in third-quarter revenue and a second straight quarterly profit, as it increased its dominance in the business.

UPDATE 2-China food delivery firm Meituan posts 2nd straight quarterly profit since listing

11:14am GMT

BEIJING, Nov 21 Chinese food delivery giant Meituan Dianping beat market expectations to record a 44% jump in third-quarter revenue and post a second straight quarterly profit, as it gained market share and cemented its dominance in the business.

VW sees mild growth for China auto market over next three to four years

10:51am GMT

GUANGZHOU, China/SHANGHAI Volkswagen AG , the top foreign automaker in China, said on Thursday it expects the world's biggest passenger car market to stabilize next year with low growth levels likely for three to four years.

Ausländische Firmen wollen bei Veggie-Boom in China mitmischen

7:49am GMT

Peking/Shanghai Burger, Schnitzel, Bratwurst ohne Tier: Der Boom von Veggie-Produkten im Westen bringt auch immer mehr Chinesen auf den Geschmack von Fleischersatzprodukten.

Beyond Meat vs Zhenmeat: The battle for China's meatless market

19 Nov 2019

BEIJING/SHANGHAI U.S. plant-based "meat" makers targeting China like Impossible Foods and Beyond Meat Inc will need to battle homegrown rivals which are developing local favorites such as dumplings and mooncakes to nab a share of the lucrative market.

ByteDance CEO urges TikTok diversification as U.S. pressure mounts - internal note

18 Nov 2019

BEIJING The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according to an internal staff note seen by Reuters, as it faces political pressure in the United States. | Video

ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note

18 Nov 2019

BEIJING The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according to an internal staff note seen by Reuters, as it faces political pressure in the United States.

ByteDance CEO urges TikTok diversification as U.S. pressure mounts - internal note

18 Nov 2019

BEIJING, Nov 18 The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according to an internal staff note seen by Reuters, as it faces political pressure in the United States.

Tencent's quarterly profit drops 13% as economic slowdown bites

13 Nov 2019

BEIJING China's Tencent Holdings Ltd reported a surprise 13% drop in quarterly profit on Wednesday hurt by a weaker-than-expected core smartphone games business and falls in media advertising and computer games revenue.

L'Oreal, Nestle score big at Alibaba's Singles' Day shopping fest

13 Nov 2019

SHANGHAI/HANGZHOU, China Chinese shoppers snapped up food supplements, facial masks and baby milk powder at the world's largest shopping festival, with brands such as L'Oreal and Nestle among the biggest winners, Alibaba data showed. | Video

World News