China moves to end ‘irrational’ food-delivery subsidies and the sector’s price wars

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Source: South China Morning Post
Published: 2026-06-17 21:56 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Technology & AI, Economy & Finance, China, Financial Markets, Food & Agriculture, Business & Economy, Asia Pacific, Technology
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Snippet:
Regulators target predatory pricing and merchant coercion, with new rules requiring that tech giants disclose subsidy data and not disrupt the market
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