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Updated Sep 22, 2026
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Microsoft Can't Afford Unlimited Token Either — Enter DeepSeek

Microsoft has announced a shift in its pricing strategy for Copilot Cowork, moving to a usage-based model in response to rising operational costs. This decision comes as the company seeks to enhance affordability for users while managing expenses effectively. To support this transition, Microsoft is...

PanDaily.com CN News

Unitree IPO approved, Meituan-backed group emerges as top shareholder

Unitree Robotics has achieved a significant milestone by receiving approval from the listing committee for its initial public offering (IPO) on China's STAR Market. This rapid approval, completed in just 73 days since the application was accepted on March 20, sets a new record for the speed of listi...

TechNode.com CN News

Meituan Rolls Out Nighttime Drone Delivery Service

Meituan has expanded its drone delivery services to nighttime operations, marking a significant shift from its previous daytime-only model. The company, which initiated regular drone deliveries in 2021, has successfully completed over 600,000 orders, achieving an average delivery time of approximate...

TechNode.com CN News

Meituan shares drop as prosus cuts stake amid overseas expansion

Meituan, a prominent Chinese food delivery platform, experienced a significant stock decline of over 4% on July 31, reaching a two-week low. This drop was triggered by the major shareholder Prosus, which discreetly sold approximately $250 million worth of its shares. Following this transaction, Pros...

TechNode.com CN News

Ele.me, Meituan, JD.com summoned for talks by Chinese authorities

On July 18, China’s State Administration for Market Regulation (SAMR) convened discussions with major food delivery platforms Meituan, Ele.me, and JD.com amid an ongoing subsidy war in the industry. The regulatory body emphasized the importance of adhering to e-commerce regulations, anti-unfair comp...

TechNode.com CN News

Meituan doubles down on AI in 2025 strategic plan

Chinese media outlet Shixiang reports that Meituan is set to implement its 2025 strategy, dubbed “Big OP,” which prioritizes the integration of artificial intelligence (AI) as a core component of its business model. This strategic shift, spearheaded by CEO Wang, also aims to expand the company’s pre...

TechNode.com CN News
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