JD.com's Food Delivery Isn't A Side Bet — It's Converting Users At Nearly 50%

JD's Q3 earnings revealed its food delivery business is converting new users at nearly 50%, with high retention and engagement rates.
Business Insider

China tech stocks are red-hot this year — but 2 are plunging as the battle for food delivery dominance intensifies

Meituan and JD.com stocks fell on Tuesday amid fierce food delivery competition in China. JD.com accused a rival of banning riders from accepting its orders, intensifying tensions. Other Chinese tech ...