Chinese regulators fined leading food delivery platforms including Alibaba Group Holding Ltd., PDD Holdings Inc. and Meituan for failing to filter out unqualified merchants.
Chinese regulators fined leading food delivery platforms including Alibaba Group Holding Ltd., PDD Holdings Inc. and Meituan for failing to filter out unqualified merchants.
The State Administration for Market Regulation took a total of 3.6 billion y… [404 chars]
Source: Bloomberg | Published: 2026-04-17T11:13:37Z
Credit: Bloomberg
