China moves to end ‘irrational’ food-delivery subsidies and the sector’s price wars (opens original article in a new tab)

Chinese regulators propose new rules to stop food-delivery platforms from using subsidies to disrupt markets and engage in unfair competition.

• Chinese authorities introduced draft regulations to end food-delivery subsidies and price wars
• Regulations ban long-term subsidies, forced merchant participation, and selling goods at a loss
• Platforms must disclose subsidy campaigns and face legal liabilities