Recent developments in the Chinese business landscape highlight a rising competition in the food delivery sector. JD.com Inc. $JD has decided to take a strategic leap by aiming to attract 100,000 regular customers over the next three months. This move is driven by mounting competition from market leader Meituan $3690.HK.

Meituan, one of the leading Chinese tech giants, is set to announce its financial results, an event that will be significant for investors and analysts alike. These figures are expected to provide insights into whether the company's stock is poised for impressive growth as some have predicted.

Next week, shareholders of JD.com Inc. $JD are eagerly awaiting the release of the company's earnings report, which is likely to reveal the current state of affairs as it prepares to face intensifying competition in the food delivery market. JD.com, one of China's largest online retailers, is set to tackle challenges in this new phase of its development.