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Meituan Drives To Brazil For Growth, Only To Crash Into Chinese Rival DiDi

Benzinga_recent_news

Market Adjustment: What to Do? Key Event to Watch Tomorrow

Aurora Mobile GPTBots.ai partners with Vonosis

Alphabet Announces Image Processing Program Access for All Users as Adobe Responds Urgently

Gptbots Announces Strategic Partnership With Vonosis to Accelerate Enterprise AI Adoption in Thailand

THOMSON REUTERS

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Aurora Mobile’s GPTBots.ai Partners with Thailand’s Digital Leader Vonosis to Accelerate Enterprise AI Adoption Across Healthcare, Retail and Manufacturing

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As Chinese companies seek new markets to hedge against increasing competition, a weak economy and regulatory risks at home, they may inadvertently find themselves exporting their trademark cutthroat competition to the countries they enter. A rather extreme version of that scenario is playing out now between leading food delivery companyMeituanand ride-hailing giantDiDi Global.The two companies have become embroiled in a messy legal fight in Brazil as their rivalry in food delivery heats up in Latin America's largest market. In the latest episode of the drama, DiDi's Brazilian food delivery unit, 99Food, last Tuesday sued Meituan's overseas food delivery brand, Keeta, in a So Paulo court, alleging trademark infringement and unfair competition, according toa reportin financial media outlet Caixin. 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But killing a $1.2 trillion industry will be a stretch.That is how much the world's businesses are expected to spend on enterprise software this year, according to projections from market research firm Gartner. It is a big number, and nearly 11% higher than the $1.1 trillion that was spent last year.Businesses spend more on software than just about any other technology-related category. But the age of AI has made that budget line look increasingly under threat. Among the early promises of tools such as ChatGPT was that it could allow novices to create software by simply telling the LLM what they want in natural language. Such \"vibe coding\" could theoretically render premade software obsolete. In a live demo of its new GPT-5 model earlier this month, OpenAI employees created an app for teaching French to English speakers in a few minutes, all on stage.Companies such as Workday and 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First XR Headset Reportedly Set for September 29 Launch: Priced at 2.5-4 Million Korean Won with 100,000 Units Expected in First Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1123153942","media":"Deep News","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1123153942?lang=en_us&edition=fundamental","pubTime":"2025-08-27 13:43","pubTimestamp":1756273384,"startTime":"0","endTime":"0","summary":"According to a report from Korean media newsworks published on August 19, Samsung's first XR headset \"Project Moohan,\" jointly developed with Alphabet, is scheduled to be released on September 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