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China’s food delivery wars taking a bite out of Alibaba’s, others’ profits

Platforms are setting user and order records while investment banks issue warnings.

4 mins read
  • A single Saturday saw Taobao Shangou, Meituan, and JD.com log a combined 200 million orders, testing subsidy strength, logistics, and supply chains in real time.

    Insights

    Meituan scrambles on “Super Saturday” as Taobao Shangou tops 80 million daily orders

    11 mins read

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