Shanghai’s market watchdog has imposed an RMB 500,000 fine on food delivery app Ele.me for misleading consumers on prices and food safety.
Shanghai’s recent Covid outbreak has pushed companies to rethink the importance of last-mile delivery capabilities, which is a weak point for Pinduoduo.
Expansion in the food delivery sector has decelerated sharply from 2017 and 2018.
As Meituan dominates food delivery, many of the restaurants whose food it delivers are struggling to get by. Regulators are asking why.
Colin Huang, the Pinduoduo founder, stepped down as chairman. Alibaba is said to be planning to launch Taobao Deals on WeChat as a mini program.
Authorities call on leading app operators to stop collecting user data without permission amid concerns over leaks.
MissFresh, Dingdong Maicai, two Chinese online grocers, filed for US IPOs. JD.com and its logistic branch are expanding overseas.
For millions stuck in Shanghai, purchasing daily goods has become a hassle. Community group buying has revived, thanks to its flexibility.
Since Ele.me was acquired by Alibaba, the company has escalated a cash-burning subsidy war with Meituan Dianping
The Starbucks delivery service, for now, is only available in 10 stores in Beijing and Shanghai respectively.