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Wang Xing

Wang Xing
The latest news and updates on Wang Xing, a prominent Chinese internet entrepreneur, best known as the founder and CEO of Meituan, a leading e-commerce service platform. He previously launched several ventures, including social networks like Xiaonei (later Renren) and China’s first microblogging site, Fanfou, demonstrating his persistent entrepreneurial spirit despite early setbacks. Under his leadership since 2010, Meituan has grown from a group-buying site into a dominant on-demand delivery and lifestyle services giant, expanding into areas like food delivery and hotel bookings. His assertive strategies and innovative vision have been key to Meituan’s significant success in China’s competitive tech landscape.
China’s private sector

Will share buy-backs help Chinese big tech companies rescue battered valuations?

Firms like Tencent and Alibaba are trying to boost investor confidence in the sector, whose stock prices have recently hit alarming lows.

How Nvidia’s Corning pact sheds light on China’s key role in global fibre supply

Meituan swings into loss in ‘milk tea’ subsidy war with instant commerce rivals

Hefty subsidies on milk tea and lunchboxes drive Meituan from profit to loss, underscoring the ferocity of the war to reshape food delivery.

King Maha Vajiralongkorn to make first China trip by Thai monarch in 50 years

The state visit will be the first to a ‘major country’ by the Thai king since he ascended the throne in 2016, according to Beijing.

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