China's food delivery wars taking a bite out of Alibaba's, others' profits

Platforms set user and order records as investment banks sound warnings

20250715 JD.com and Meituan

Food delivery riders of JD.com and Meituan in Shenyang, China. Platforms are offering deep discounts to attract users.  © Getty Images

CISSY ZHOU

HONG KONG -- China's food delivery war rages on as the three big platforms, Alibaba Group, Meituan and JD.com, vie to become the ultimate gateway for consumer spending in Asia's largest economy.

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