Meituan Dragon Ball is leading a $2bn round in the Beijing-based maker of the Kimi chatbot, with China Mobile and CITIC Private Equity Funds participating. The valuation is roughly seven times the figure Moonshot carried sixteen months ago.…
China's top authorities mandated labor protections for 200 million gig workers, demanding standardized contracts, workload-based pay, and algorithm transparency by 2027. Platforms like Meituan face overhaul amid rising disputes and economic pressures.
