trending Market Intelligence /marketintelligence/en/news-insights/trending/zT_Q8arTfinRt8mAhZo_lw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Meituan Dianping forges partnerships for autonomous delivery push

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Meituan Dianping forges partnerships for autonomous delivery push

Meituan Dianping, an on-demand food delivery company in China, said Jan. 8 that it formed partnerships with international companies to support its autonomous delivery platform.

The company, which recently raised $4.2 billion in its Hong Kong IPO, signed strategic cooperation agreements with French auto parts supplier Valeo SA, U.S. visual computing company NVIDIA Corp. and automotive design company Icona at the 2019 Consumer Electronics Show to support the Beijing-based company's driverless delivery push.

Valeo will supply key components, including engines and sensors, for Meituan's autonomous delivery vehicles, while NVIDIA will provide technical support for autonomous delivery research and development, as well as trial operations.

Meanwhile, Icona will design Meituan's autonomous delivery robots and vehicles.

"With the surging demand for food deliveries in China, Meituan is leveraging its platform and scale advantages to apply autonomous delivery technologies in its operations," Meituan Senior Vice President Wang Puzhong said in a statement.

Tencent Holdings Ltd.-backed Meituan said it is testing delivery operations using self-driving vehicles in a number of locations in China, including the Beijing Shougang Park, Beijing's Raffles City, Xiongan New Area and the Lenovo Building in Shenzhen.