The move comes as aggressive discounting and subsidy-driven tactics squeezed profitability in the food delivery sector.

President Trump said early Friday that American oil companies would pour $100 billion of investment into Venezuela to jumpstart its oil industry. Trump's social-media post came hours before he is ...

China's central government will investigate and evaluate market competition among food delivery platforms to ensure fair and ...

China’s top antitrust body has launched an investigation into competition practices in the online food delivery market, ...

China is set to investigate aggressive competition among tech-operated food delivery platforms like Meituan and Alibaba. This ...

China's annual consumer price inflation accelerated to a 34-month high in December, but the full-year rate slumped to the ...

China's top antitrust body said on Friday that it has launched probes into the competitive conditions within the country's ...

China will investigate cutthroat competition among food delivery platforms operated by tech firms such as Meituan and Alibaba ...

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Heads of Exxon, Chevron, Halliburton, Shell and others are hearing the president's pitch for investing in Venezuela as the US ...