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Meituan
Chinese Internet Companies Report First-Ever Combined Revenue Decline
China’s internet firms saw a decline in revenue last year, the first-ever drop in nearly ten years, according to Chinese Communist Party (CCP) data. Data released on Jan. 31 by ...
February 10, 2023
BY
Kathleen Li
and
Lynn Xu
China’s Meituan Anti-Monopoly Fine Less Than Feared, Shares Rebound
Shares of China’s food delivery giant Meituan rebounded more than 8 percent on Oct. 11. The company’s financial ...
October 11, 2021
BY
Fran Wang
China’s Meituan to Change Delivery Algorithm Rules Amid Increased Regulatory Scrutiny
Chinese food delivery giant Meituan released its algorithm rules for the first time as it faces increased scrutiny ...
September 14, 2021
BY
Rita Li
China’s Meituan Reports 3rd Quarterly Loss, Warns on Antitrust Fines
BEIJING—Chinese food delivery giant Meituan warned it could be required to pay "a significant amount" of antitrust fines ...
August 31, 2021
BY
Reuters
Three Chinese Tech Giants’ Shares Drop Over 30 Percent After Beijing’s Recent Crackdown
Despite the surge in online shopping driven by the pandemic lockdown, China’s major online retailers’ shares—that had soared ...
May 19, 2021
BY
Dorothy Li
CEO’s Post of Ancient Poem Interpreted as Criticism of Beijing Rattles Stock Market
A Chinese billionaire rattled the stock market by quoting an ancient poem on social media, reflecting on the ...
May 12, 2021
BY
Rita Li
China Probes Takeout Firm Meituan Over Antitrust Concerns
HONG KONG—China’s market regulator said Monday it has launched a probe into suspected monopolistic behavior by food delivery ...
April 26, 2021
BY
The Associated Press
Founder of Chinese Delivery Drivers Alliance Arrested for Rights Activism
The founder of Drivers’ Alliance, which is a mutual aid network of Chinese delivery drivers, was recently arrested ...
March 5, 2021
BY
Alex Wu
China Insider: China Launches Antitrust Regulation Targeting E-commerce Giants
On November 10th, Chinese Communist Party (CCP) authorities announced that they would crack down on monopolies in the ...
November 17, 2020
BY
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