Posted inChina

Food delivery service Meituan gets back on track

Shares in Meituan, a Hong Kong-listed food deliverer, rebounded on Wednesday after a state-owned newspaper said investors may have over-reacted to a recent suggestion from the government about lowering service charges for restaurants. The company’s shares dropped by 15% last Friday after the National Development and Reform Commission and 13 other Chinese government bureaus issued […]

%d bloggers like this: