Tag: Meituan
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China’s Delivery Titans Export Their Ugliest Rivalry to Brazil
Two of China’s biggest delivery giants are exporting not just their business models but also their worst habits. In Brazil, Didi’s 99Food and Meituan’s Keeta have turned a promising overseas expansion into a spectacle of lawsuits, exclusivity deals, and copycat branding so absurd that instead of toppling ...
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Brazil’s Lula Clinches Deals in Beijing
Brazil announced a currency swap agreement with the People's Bank of China for $27.69 billion over five years. The announcement comes as $4.5 billion in trade and investment deals were signed. These include a $881.6 million deal for the delivery service Meituan ...
File image of an artisanal miner carrying raw ore at Tilwizembe, a former industrial copper-cobalt mine, outside of Kolwezi, the capital city of Lualaba Province in the south of the Democratic Republic of the Congo. REUTERS/Kenny Katombe/File Photo
By Maxwell Akalaare Adombila and Ange Kasongo The U.S. has made progress in its push to prise Congo's strategic minerals from China's orbit, but conflict, contested licences and compliance demands are still slowing Washington's advance into a region its rival dominates, diplomats and ...
China’s Delivery Titans Export Their Ugliest Rivalry to Brazil
Two of China’s biggest delivery giants are exporting not just their business models but also their worst habits. In Brazil, Didi’s 99Food and Meituan’s Keeta have turned a promising overseas expansion into a spectacle of lawsuits, exclusivity deals, and copycat branding so absurd that instead of toppling ...
Brazil’s Lula Clinches Deals in Beijing
Brazil announced a currency swap agreement with the People's Bank of China for $27.69 billion over five years. The announcement comes as $4.5 billion in trade and investment deals were signed. These include a $881.6 million deal for the delivery service Meituan ...