Apart from evaluating deals remotely, a number of other factors would shape up investors’ community in the world’s third-largest startup ecosystem in 2021.
Meituan has been criticized by regulators in Beijing for monopolistic practices before, notably for exploiting merchants with coercive exclusivity agreements.
Alibaba and its affiliate Ant Group are now in the crosshairs of China’s antitrust initiative targeting tech giants. But media are reading the trustbusting, faithfully, wrong.