Meituan

Meituan has been criticized by regulators in Beijing for monopolistic practices before, notably for exploiting merchants with coercive exclusivity agreements.

The pandemic accelerated tech trends that will continue to dominate daily life in 2021.

New battleground for internet giants threatens small businesses.

The area is the hometown of Chinese unicorns like ByteDance, Xiaomi, Didi, and Meituan.

Chinese tech firms JD.com, Meituan, and Didi have also been trying to persuade their users to ditch WeChat Pay and Alipay.

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.

China’s grocery group-buying sector is gaining steam as the pandemic is boosting demand.