China food delivery stocks surge as regulators signal end to destructive price wars

China food delivery stocks surge as regulators signal end to destructive price wars

  • March 25, 2026

Shares of China’s leading food delivery platforms jumped sharply after regulators and state media signaled a push to end prolonged price wars that have weighed heavily on profitability across the sector. Meituan led gains in Hong Kong trading, rising more than 12 percent

Meituan’s Deep Loss Highlights the High Cost of China’s ‘Milk Tea’ Subsidy Battle

Meituan’s Deep Loss Highlights the High Cost of China’s ‘Milk Tea’ Subsidy Battle

  • November 28, 2025

Meituan has found itself slipping into a significant quarterly loss as China’s increasingly aggressive food delivery competition reaches new heights. At the heart of this struggle is an expensive subsidy fight with Alibaba’s fast-growing instant commerce arm, a rivalry that has reshaped how