Beijing writes the rulebook for the food-delivery subsidy war
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
Authorities want food-delivery platforms to fund subsidies from their own profits – and make them public. On June 17, the market regulator (SAMR) released for public comment draft "Ten Rules on Food-Delivery Platform Subsidy Conduct." Some context: The rules come after a year of bruising subsidy wa...