Food delivery couriers for Meituan stand with insulated bags during a morning briefing on a street in Shanghai on November 29, 2020. Photo: Bloomberg
Meituan faces customer lawsuit for alleged abuse of market power amid China’s ongoing antitrust crackdown
- Chinese authorities have moved to tighten regulation of the country’s internet platforms, including launching an antitrust probe into Alibaba Group
- Meituan’s share of China’s food delivery market increased from 63.4 per cent in the first quarter of 2019 to 68.2 per cent in the second quarter of 2020
Food delivery couriers for Meituan stand with insulated bags during a morning briefing on a street in Shanghai on November 29, 2020. Photo: Bloomberg