TechNode
In less than 100 days, China’s food delivery landscape has been reshaped by an intense subsidy war, with JD.com and Alibaba together pledging a staggering RMB 80 billion (around $11 billion) to challenge Meituan’s dominance. Things began when JD.com attempted to challenge Meituan’s dominance in the sector by increasing rider welfare and distributing discounts to [……
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Meituan exec calls food delivery boom “mostly a bubble” amid subsidy battle with Alibaba
Shuang Jing
18:26
In less than 100 days, China’s food delivery landscape has been reshaped by an intense subsidy war, with JD.com and Alibaba together pledging a staggering RMB 80 billion (around $11 billion) to challenge Meituan’s dominance. Things began when JD.com attempted to challenge Meituan’s dominance in the sector by increasing rider welfare and distributing discounts to
