Party's Over: China Tells Alibaba, Meituan, JD To Stop Bleeding

benzinga.com/markets/tech/25/07/46513732/partys-over-china-tells-alibaba-meituan-jd-to-stop-bleeding

On Friday, China’s State Administration for Market Regulation (SAMR) called upon three of the country’s leading food delivery platforms: Alibaba Group’s (NYSE:BABA) Ele.me, Meituan (OTC:MPNGY), and JD.com (NASDAQ:JD). The regulator urged these companies to adopt more “rational”…

This story appeared on benzinga.com, 2025-07-21 09:47:54.
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