Meituan Tag

22 Feb China to Carry out Preferential Policies for Service Industries Hit by Epidemic

發表於 16:07 2022-02-22 作者 Jordy Leo

China’s 14 regulatory departments, including the National Development and Reform Commission (NDRC) and the State Administration for Market Supervision (SAMR), published policies on February 18 to facilitate the recovery of service industries affected by epidemic prevention measures, as reported by South China Morning Post on...

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12 Oct SAMR Fines Meituan for RMB3.44bn over Monopolistic Behavior

發表於 14:42 2021-10-12 作者 Helena Zhu

China’s State Administration for Market Regulation (SAMR) fined food delivery giant Meituan [3690:HK] RMB3.44bn (USD533m) for its monopolistic tactic after a six-month investigation, as reported by Caixin on October 8. The fine accounts for 3% of Meituan’s 2020 domestic revenues, which was RMB114.7bn (USD17.8bn). The...

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17 May Chinese Regulators Require Ride-Hailing Companies to Improve Labor Rights Protection

發表於 18:02 2021-05-17 作者 Mars Guo

The Ministry of Transport (MoT), the Cyberspace Administration of China (CAC), the Ministry of Industry and Information Technology (MIIT), and five other departments jointly held a regulatory meeting on May 14 with ten online ride-hailing providers, such as Didi Chuxing, Meituan [3690:HK], and Huolala, as...

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29 Apr SAMR Launches Anti-Monopoly Investigation into Meituan

發表於 13:48 2021-04-29 作者 劉寧靜

China’s antitrust watchdog, State Administration for Market Regulation (SAMR), launched an investigation into Tencent-backed [0700:HK] food delivery giant, Meituan [3690:HK], for the internet company’s potential abuse of the market dominance position by forcing vendors into exclusive deals, known as ‘picking one from two’ (POFT), as...

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21 Jan Meituan, other Fintech Services Need to be Accountable to Their Customers

發表於 14:23 2021-01-21 作者 羅海燕

Earlier in January, a user reported that Meituan [0369:HK] requested her to return borrowed money, though she had never applied for any loans on the platform. After contacting Meituan’s customer service several times, the user was informed that the unsolicited loan, called Meituan Monthly Payment,...

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28 Dec SAMR Declares Regulatory Redlines on Internet Companies’ Community Group Buying Businesses

發表於 10:06 2020-12-28 作者 曲娜

State Administration for Market Regulation (SAMR) and the Ministry of Commerce (MOFCOM) held an administrative guidance meeting for the regulation of community group buying businesses on December 22, where Alibaba [BABA:US], Tencent [0700:HK], JD.com [JD:US], Meituan [3690:HK], Pinduoduo [PDD:US], and Didi Chuxing participated, according to...

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19 Nov Food Delivery Industry in China [Part 2]: From Algorithms to Sustainability

發表於 11:08 2020-11-19 作者 羅海燕

Two months ago, a controversial report in Renwu magazine reported systemic exploitation of food delivery workers, also known as couriers, or riders. This occurred through built-in algorithms that companies such as Meituan [3690:HK] and Ele.me use, triggering widespread online outrage. To learn more about the mixed...

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