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Meituan And JD Shares Have Bled $100 Billion In Market Value Since Late 2024 — China's Food Delivery Wars Are Thinning Out Its Tech Giants
benzinga.com/25/05/45611836/chinas-food-delivery-war-turns-bloody-as-meituan-and-jdcom-lose-100-billion-in-market-value
China's Meituan (OTC:MPNGY) and JD.com (NASDAQ:JD) have experienced a major selloff, triggered by the battle to win the food delivery war in the country, resulting in the loss of over $100 billion combined in market value since late 2024.
What Happened: Meituan and JD.com's Hong…
This story appeared on benzinga.com, 2025-05-27 07:31:23.