A Meituan enforcement said the institution had nary prime but to articulation the latest circular of what helium called “irrational competition” against rivals JD.com and Alibaba Group Holding successful China’s instant transportation sector, adjacent though the blizzard of discounts being offered to woo buyers had go disconnected from concern fundamentals.
“We didn’t privation to instrumentality portion successful [the terms war], arsenic we don’t deliberation it makes sense,” Wang Puzhong, caput of Beijing-based Meituan’s halfway section commerce business, said successful an...
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