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The social media platform had half a billion users in its heyday before WeChat took all the attention of its parent company.

Duckbill has already more than 5,000 corporate clients, among them Shanghai-based logistics giant Sinolines, CTS International Logistics, and state-owned China Cosco Shipping.

With COVID-19 largely under control in China, Shanghai is expanding the use of its Suishen Code to outlast the pandemic.

Qapita is working on a feature for the digital issuance of shares and employee stock ownership plans.

During the pandemic, the startup has seen multi-fold growth.

The firm just received USD 20 million investment in a Series A+ round led by Source Code Capital.

This move allows smaller companies and livestreamers to capitalize on the rapidly growing livestreaming e-commerce sector in China.

The move is Meituan’s second foray into China’s RMB 5 trillion (USD 733 billion) fresh food retailing industry.