$26 billion wiped off Meituan's value with China's new fee policy
Meituan fell the most in nearly seven months after China published new guidelines requiring food delivery companies to reduce costs
Source: techstory.in
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Meituan fell the most in nearly seven months after China published new guidelines requiring food delivery companies to reduce costs
The firm last week completed a US$6.6 billion (S$9 billion) state-orchestrated bailout. . Read more at straitstimes.com.
It seems fear is taking over Wall Street.