Tag: Meituan

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Meituan Profits Increase as Consumer Spending Recovers in Q1

Meituan, the Chinese food delivery and services provider, reported a net profit of RMB 3.36 billion in the first quarter of 2023, boasting a return to profitability. Revenue from local commerce such as food delivery, in-store, hotel, and travel also increased by 25.5%. CEO Wang Xing is credited for driving the success of the company by revolutionizing different businesses and adapting to consumer needs in China.

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ChatGPT for Mac Exposed User Data, OpenAI Issues Urgent Update

Discover how ChatGPT for Mac exposed user data, leading OpenAI to issue an urgent update for improved security measures.

China Dominates Generative AI Patents, Leaving US in the Dust

China surpasses the US in generative AI patents, as WIPO reports a significant lead for China's innovative AI technologies.

Absci Corporation Grants CEO Non-Statutory Stock Option

Absci Corporation grants CEO non-statutory stock option in compliance with Nasdaq Listing Rule 5635. Stay updated on industry developments.

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