The Meituan App as the Online Food Platform Sheds $40 Billion After Chinese Crackdown Fears Deepen

The Meituan application arranged on a smartphone in Shanghai, China, on Tuesday, July 27, 2021. Meituan has shed roughly $40 billion of its market value over two frenetic trading sessions, after Beijing unveiled sweeping reforms against private-sector companies that darkened the outlook for the worlds biggest food delivery giant. Photographer: Qilai Shen/Bloomberg via Getty Images

The Meituan App as the Online Food Platform Sheds $40 Billion After Chinese Crackdown Fears Deepen
The Meituan application arranged on a smartphone in Shanghai, China, on Tuesday, July 27, 2021. Meituan has shed roughly $40 billion of its market value over two frenetic trading sessions, after Beijing unveiled sweeping reforms against private-sector companies that darkened the outlook for the worlds biggest food delivery giant. Photographer: Qilai Shen/Bloomberg via Getty Images
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1234227534
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27 July, 2021
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CHINA MEITUAN
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