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CN SAMR Summons Ele.me/ Meituan/ JD, Demands Rational Competition among Food Delivery Platforms
China's State Administration for Market Regulation (SAMR) summoned three platform operators, namely Ele.me under BABA-W (09988.HK)(BABA.US), MEITUAN-W (03690.HK)(MPNGY.US), and...
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CN SAMR Summons Ele.me/ Meituan/ JD, Demands Rational Competition among Food Delivery Platforms
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China's State Administration for Market Regulation (SAMR) summoned three platform operators, namely Ele.me under BABA-W (09988.HK)  -0.300 (-0.254%)    Short selling $449.20M; Ratio 10.931%   (BABA.US)      , MEITUAN-W (03690.HK)  -2.100 (-1.606%)    Short selling $905.74M; Ratio 24.036%   (MPNGY.US)      , and JD-SW (09618.HK)  -0.700 (-0.535%)    Short selling $100.29M; Ratio 18.067%   (JD.US)      , which were required to strictly adhere to the provisions of the E-Commerce Law, the Anti-Unfair Competition Law, and the Food Safety Law, among other regulations.

They must rigorously implement their primary responsibilities, further regulate promotional activities, engage in rational competition, and jointly build a favorable ecosystem that benefits consumers, merchants, delivery riders, and platform companies. This is primed to promote the standardized, healthy, and sustainable development of the catering service industry.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-22 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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