Chinese e-commerce giants ignore regulatory risks to pursue price wars in instant sales
Fierce competition in China’s e-commerce sector shows no signs of abating, particularly in the booming “instant sale” space. Ignoring warnings from regulators, major platforms such as Alibaba, JD.com, and Meituan are investing huge sums to subsidize one-hour deliveries, turning the market into a battle for survival. This frantic race promises lucrative opportunities, but also raises … Read more