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Morris Cai

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Price War Drives Meituan to Record Quarterly Loss, Pressuring China’s Alcohol Retailers A Meituan food delivery worker on motorcycle in the rain in Futian Central Business District, Shenzhen - China. Meituan, founded in 2010 by Wang Xing, is an app that users in China turn to for food delivery, restaurant deals, movie tickets, hotel and travel bookings, and more. (pic: iStock)
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Price War Drives Meituan to Record Quarterly Loss, Pressuring China’s Alcohol Retailers

Morris Cai 2025-12-03
China's delivery giant Meituan is reporting a record quarterly loss amid rising price war among its competitors. Read More

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