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No Free Lunch: Hidden Fees and Loan Service Scandal Rocks E-Commerce Platforms


No Free Lunch: Hidden Fees and Loan Service Scandal Rocks E-Commerce Platforms
Jan 13, 2021 2:27 pm | 1 comment | 412 reads
It s no secret that with the development of e-commerce and cashless payments, spending money has never been easier. However, it s also no secret that the internet is far from being a utopia. That is, even if you manage to dodge hackers and traps set by fraudulent sites, it s still possible to lose a considerable amount of money in one simple click when doing business with seemingly innocuous vendors or platforms.
Recently, several netizens reported receiving messages from Meituan – one of China s leading food delivery platforms which has since expanded into transportation services, the movie industry, hotel booking, and more – claiming payments were due for money  borrowed from the platform. Somewhat curiously, however, none of these folks recalled having applied for such a loan. Only af ....

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