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Meituan Steadfastly Supports National Investigation and Assessment of Food Delivery Mkt Competition
Recommend 22 Positive 41 Negative 7 |
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Regarding the announcement by the Office of the State Council Anti-Monopoly and Anti-Unfair Competition Committee to investigate and assess the competitive situation in the food delivery platform service industry, MEITUAN-W (03690.HK) issued a statement expressing steadfast support and commitment to fully cooperate. Issues of irrational competition such as "price wars, subsidy battles, and traffic control" have recently become prominent in the food delivery market, said the announcement. Meituan has repeatedly called for the industry to return to rationality and firmly opposes "involution" competition. Meituan will take this investigation as an opportunity to work with various platforms within the industry to jointly perform market responsibilities, participate fairly in market competition, and promote innovation and healthy development in the food delivery platform service industry, the company said. AASTOCKS Financial News Website: www.aastocks.com |
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