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Price-based rivalry in the food delivery market involving Alibaba and Meituan.

2 reports, 1 independent Updated Aug 1
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What happened

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Price-based rivalry in the food delivery market involving Alibaba and Meituan.

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What this event is mainly about

How it developed

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  1. Alibaba and Meituan are engaged in price-based rivalry within the food delivery market.1 source
  2. Regulators sought to dampen rampant price competition between the two tech giants.1 source

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Coverage

Newest first; wire copies grouped
  • BloombergAlibaba, Meituan and JD Vow End to Food Delivery Price War (Bloomberg) -- Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb “disorderly competition” and cease the price-based
  • BloombergMeituan Jumps With Food Deliverers as Beijing Targets Price Wars (Bloomberg) — Meituan (3690.HK, MPNGY) led gains in China’s food-delivery shares after the authorities sought to damp down rampant pri