US EditionJD.com Reportedly Buys Majority Stake in Hong Kong’s Kai Bo Grocery Chain
CHINA, JUL 21 – China's regulator calls for fair competition among major food delivery firms amid a surge from 100 million to over 250 million daily orders, urging control of aggressive subsidies.
6 Articles
6 Articles
Top market regulator urges food delivery platforms to compete rationally
China's three major food delivery platforms — Ele.me, Meituan, and JD.com — have rolled out low-price strategies recently. In a bid to capture a larger market share, the three platforms have increased subsidies and launched various promotional activities, such as Meituan's "100 billion yuan subsidy" plan.China's top market regulator, the State Administration for Market Regulation, has called on the country's three major food delivery platforms t…
Verdict Foodservice
BizTocChinese regulator urges major food deliverers to compete fairly
China’s State Administration for Market Regulation (SAMR) has called a meeting with food deliverers to discuss ongoing price competition.The post Chinese regulator urges major food deliverers to compete fairly appeared first on Verdict Food Service.
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