BLOOMBERG Meituan has become Hong Kong’s second-largest food delivery platform since debuting in the city last May, a sign that splashy subsidies are boosting the company’s first major foray outside mainland China. The internet firm’s sister app “KeeTa” accounted for 37% of the local food delivery market in December, according to data from Measurable AI, a Hong Kong-based firm that ...

BEIJING / WAM The Chinese Academy of Sciences’ Centre for Forecasting Science released a report, projecting that China’s economy will sustain steady growth in 2024, with an estimated GDP growth rate of approximately 5.3 percent. According to China Daily, the report indicated that in 2024, the year-on-year growth rates for the primary, secondary and tertiary industries’ output are expected to ...

ABU DHABI / WAM In line with Abu Dhabi University’s (ADU) ongoing efforts to provide students with a world-class academic experience, the University’s College of Health Sciences signed a Memorandum of Understanding with Universiti Sains Malaysia’s (USM) School of Health Sciences, a leading Malaysian research university, to further enhance research, educational programs, and training in the field of health science. ...