
Charlotte Yang / Bloomberg:
JD.com's costly bid to challenge Meituan in food delivery, while the latter enters the e-commerce space, has led to a loss of ~$70B in combined market value — While much of the world is focused on a volatile international trade war, two of China's largest internet companies are inflicting greater damage on each other at home.

Charlotte Yang / Bloomberg:
JD.com's costly bid to challenge Meituan in food delivery, while the latter enters the e-commerce space, has led to a loss of ~$70B in combined market value — While much of the world is focused on a volatile international trade war, two of China's largest internet companies are inflicting greater damage on each other at home.
Source: TechMeme
Source Link: http://www.techmeme.com/250425/p5#a250425p5