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Meituan Cries 'Irrational!' As Alibaba Escalates Delivery Battle
benzinga.com/markets/tech/25/07/46491351/meituan-cries-irrational-as-alibaba-escalates-delivery-battle
Alibaba launched a 50B yuan subsidy war to boost Taobao Shangou, sparking intense delivery rivalry with JD.com and Meituan.
- Meituan called the price war “irrational” as daily orders soared past 250M, raising concerns over long-term profitability.
- Tim Melvin’s system has spotted 10X…
This story appeared on benzinga.com, 2025-07-18 13:21:26.