Meituan's Price War: Losses Mount for Food Delivery Giants

Meituan stock plunges as a brutal price war with Alibaba and JD.com wipes out billions! Find out how massive subsidies and fierce competition in China's food delivery market are crushing profits, forcing Meituan to expand overseas, and what it all means for the future of food delivery giants. Hosted on Acast. See acast.com/privacy for more information.