Meituan secures China’s first nationwide drone delivery license, ramping up competition with Google Wing
Meituan spends $51 million on first share buyback as investor confidence runs low. Credit: Meituan According to China Daily, Chinese on-demand delivery giant Meituan’s self-developed fourth-generation drone has passed a review by the Civil Aviation Administration of China (CAAC), earning Meituan the country’s first nationwide operating certificate for low-altitude logistics.…
bubmagApril 23, 2025