China’s State Administration for Market Regulation (SAMR) on Friday summoned major online food delivery platforms – Alibaba Group Holding’s Ele.me, Meituan, and JD.com – urging them to engage in “rational” competition amid a prolonged price war.
The meeting aimed to “further regulate promotion behaviours, encourage rational competition, and foster a healthy ecosystem and win-win situation for consumers, m…
Source: South China Morning Post – China feed (http://www.scmp.com/…)