Insights
COVID-19 exposes fragility of Meituan’s relationship with restaurants
As labor costs rise and demand is down, the relationship between Meituan and merchants has become strained, echoing resentment against Taobao in its early days.
Insights
As labor costs rise and demand is down, the relationship between Meituan and merchants has become strained, echoing resentment against Taobao in its early days.