Food delivery couriers for Meituan gather around motorcycles in Beijing on April 21. Photo: Bloomberg
Food delivery couriers for Meituan gather around motorcycles in Beijing on April 21. Photo: Bloomberg
Meituan

China fines Meituan less-than-expected US$530 million for monopolistic behaviour, ending five-month antitrust probe

  • The ‘pick one from two’ tactic, in which merchants are forced to choose only one platform as their distribution channel, has been widespread in China
  • Meituan, founded by the 42-year-old billionaire Wang Xing, was previously urged to improve its working conditions

Topic |   Meituan
Food delivery couriers for Meituan gather around motorcycles in Beijing on April 21. Photo: Bloomberg
Food delivery couriers for Meituan gather around motorcycles in Beijing on April 21. Photo: Bloomberg
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