Meituan, JD Shares Rise After China Moves to Defuse Food Wars

Bloomberg TechnologyWednesday, September 24, 2025 at 3:59:24 AM
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Meituan, JD Shares Rise After China Moves to Defuse Food Wars
Shares of Meituan and JD.com have surged following China's market watchdog's efforts to reduce fierce competition in the meal delivery sector. This move is significant as it aims to stabilize the market, benefiting both companies and consumers by potentially leading to better services and prices. Investors are optimistic about the future of these leading firms in a more regulated environment.
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