BEIJING : China's state-run newspaper Economic Daily said in a commentary on Wednesday the market had over-reacted to the government's guidance that food delivery platforms should lower service fees.
The policy was not intended to target the platform economy as the government recognises its crucial role in the economy, the commentary said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chinese beauty brands woo Southeast Asian customers on TikTok and Shopee as saturated home market stagnatesA growing number of Chinese beauty brands are looking to woo overseas consumers in less competitive markets amid weakened domestic consumption. Over the last two years, Chinese cosmetics companies that sell online have been eyeing neighbouring markets like Japan and Southeast Asia for expansion before trying their luck in more competitive Western markets. In addition to dozens of smaller players...
Source: asiaonecom - 🏆 10. / 59 Read more »
Volkswagen eyes separate stock market listing for PorscheFRANKFURT: German auto giant Volkswagen on Tuesday (Feb 22) said it was drawing up plans to list its luxury brand Porsche as it looks to raise the funds for its move to electric vehicles. Volkswagen and its largest shareholder Porsche had \u0022negotiated a framework agreement which should form the basis for fu Is that legal
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Chinese beauty brands woo Southeast Asian customers on TikTok and Shopee as saturated home market stagnatesA growing number of Chinese beauty brands are looking to woo overseas consumers in less competitive markets amid weakened domestic consumption. Over the last two years, Chinese cosmetics companies that sell online have been eyeing neighbouring markets like Japan and Southeast Asia for expansion before trying their luck in more competitive Western markets. In addition to dozens of smaller players...
Source: asiaonecom - 🏆 10. / 59 Read more »