Friday, August 6, 2021

Sources: China plans to levy a roughly $1B fine on Meituan in the coming weeks for abusing its market position (Keith Zhai/Wall Street Journal)

Keith Zhai / Wall Street Journal:
Sources: China plans to levy a roughly $1B fine on Meituan in the coming weeks for abusing its market position  —  The penalty for allegedly abusing its dominant market position could be announced within weeks, people familiar with the matter say  —  SINGAPORE—China's antitrust regulator …



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How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a "China shedding" strategy, while Shein and Meituan seek non-US growth (Meaghan Tobin/New York Times)

Meaghan Tobin / New York Times : How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a “China shedding” s...