Food Delivery

As labor costs rise and demand is down, the relationship between Meituan and merchants has become strained, echoing resentment against Taobao in its early days.

The second quarter looks even grimmer.

Earlier this year, Uber Eats exited India by selling the food delivery business to local rival Zomato in an all-stock deal.

The company said it does not see the situation improving for quite some time.

Burger King, Canadian Pizza, Cedele, Da Paolo Group, The Daily Cut, and Tuk Tuk Cha are some of the merchants included in the service.

No decision yet on Gojek’s planned Malaysia expansion.

A probe over its accounting fraud is being conducted by SEC and its Chinese counterpart, the CSRC.

The service was set up specifically to help out ComfortDelGro cabbies during the COVID-19 pandemic.