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FILE PHOTO: A staff member takes a bag of ordered food from a Meituan delivery worker at a Starbucks flagship store in Beijing, China January 18, 2022. REUTERS/Tingshu Wang/File Photo
FILE PHOTO: A staff member takes a bag of ordered food from a Meituan delivery worker at a Starbucks flagship store in Beijing, China January 18, 2022. REUTERS/Tingshu Wang/File Photo
Home » News » Business & Economy » Chinese food delivery giants surge as regulator, state media call end to price war
Business & Economy

Chinese food delivery giants surge as regulator, state media call end to price war

by Reuters

HONG KONG, March 25 (Reuters) – Hong Kong-listed shares of delivery platform Meituan surged on Wednesday after Chinese state media and the regulator urged the industry to end a bleeding price war.

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(Reporting by Jiaxing Li in Hong Kong and Li Gu in Shanghai; Editing by Janane Venkatraman)

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Reuters
Information you can trust. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. (c) 2025 Thomson Reuters

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