
China’s State Administration for Market Regulation (SAMR) on Friday summoned major online food delivery platforms – Alibaba Group Holding’s Ele.me, Meituan, and JD.com – urging them to engage in “rational” competition amid a prolonged price war.The meeting aimed to “further regulate promotion behaviours, encourage rational competition, and foster a healthy ecosystem and win-win situation for consumers, merchants, delivery riders, and platform operators”, the regulator said in an...