China moves to protect food delivery drivers from digital exploitation, knocking stocks such as services giant Meituan

Source: Tech – South China Morning PostChinese regulators have ordered online platforms to ensure food delivery riders earn above the country’s minimum wage, that riders be freed from unreasonable demands placed upon them by algorithms, and that these workers have access to social security and a place in a union, in a likely financial blow to big delivery services companies such as Meituan.The guidelines, published on Monday afternoon by the State Administration for Market Regulation (SAMR) along with six other government agencies…Read More

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