When Joseph Schumpeter coined the term “creative destruction”, he might not have realised just how destructive unrestrained competition could be.…
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Chinese e-commerce giants Alibaba Group Holding, Meituan and JD.com are intensifying their costly rivalry in the on-demand fast-delivery sector, with…
Read More »China’s Communist Party mouthpiece has run an editorial arguing that regulators must act decisively to prevent the spread of vicious…
Read More »China and the United States have agreed to a temporary, partial truce in their unprecedented trade war, but their heated…
Read More »Chinese on-demand service giant Meituan has signed a US$1 billion deal to expand its Keeta food delivery platform to Brazil,…
Read More »As coffee chains in China struggle with a bitter combination of sluggish consumption and cutthroat pricing, Starbucks and Luckin Coffee…
Read More »A new battle in China’s e-commerce war has erupted in the form of “instant commerce”, a combination of online shopping…
Read More »Hong Kong stocks fell for the first time in four days on Thursday, as sentiment deteriorated after the US Treasury…
Read More »Chinese state media has refreshed its calls for local-level governments and businesses to refrain from unhealthy, exhausting competition that is…
Read More »Chinese e-commerce giant JD.com, which launched a food delivery service in February, has publicly accused on-demand delivery giant Meituan of…
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