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Meituan has been criticized by regulators in Beijing for monopolistic practices before, notably for exploiting merchants with coercive exclusivity agreements.News
While China’s engagement with Africa increases, the One Belt One Road policy diversifies China’s trade partners and reduces demand for African raw materials.
Terminus Group’s smart city products aim to enhance information and data exchange in urban environments to streamline city life and the delivery of emergency services.
Haoting Chow discusses his journey to becoming a vet, and the importance of long term planning to personal growth.
Companies like Alibaba and Meituan use exclusivity agreements and “monopoly clauses” to box in merchants and hobble competitors. That may change soon.
China’s largest on-demand service platform has been one of the slowest tech giants to rebound from the impact of COVID-19, but the recovery is underway.
The company’s IoT business also showed promising signs of recovery following a slowdown due to the pandemic.
Sea Group’s share price fell by 4.20% to USD 170.62 in Tuesday trading after the earnings announcement.News