The fines follow a period of intense competition that drove down prices and stalled profit-making at China's food delivery ...
BEIJING, April 3 (Reuters) - China's market regulator met with major food delivery platforms this week, ordering them to strengthen food safety measures ahead of new regulations taking effect in June.
Alibaba, JD.com, and Meituan have been locked in a brutal price war, particularly in food delivery.
China must ensure an adequate food supply for its 1.4 billion people – about one-fifth of the global population. In a ...
China's State Administration for Market Regulation has visited the offices of the country's leading food-delivery platforms as part of an investigation into their practices. The investigation is ...
Domestic rivals are moving faster, consumers are trading down, and global brands from Starbucks to Costa to Häagen-Dazs are scrambling to adapt - and paying the price when they don't A Luckin barista ...
Chinese consumers are outpacing their global peers in embracing health-conscious, sustainable and internationally sourced ...
China’s top antitrust body has launched an investigation into competition practices in the online food delivery market, citing concerns that subsidy-driven price wars are distorting the real economy ...
The growth of organic rice farming in Meihekou, Northeast China's Jilin Province, offers a useful insight into the shifting ...
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