ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China tech

China antitrust regulator launches probe of Meituan

Food delivery app investigated over exclusive sales deals with merchants

HONG KONG -- China's market regulator has launched an antimonopoly investigation against Meituan, the country's largest food delivery and services platform, extending a series of curbs by Beijing to rein in tech companies.

The State Administration for Market Regulation is probing exclusive sales agreements that Meituan has allegedly forced on merchants. It comes after the same regulator imposed a record 18 billion yuan ($2,78 billion) fine on Alibaba Group Holding for a similar practice earlier this month.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more