Source: South China Morning PostMeituan, the country’s largest on-demand delivery service provider, is facing a likely fine of billions of yuan as a result of an antitrust probe from Beijing regulators, a fate similar to what befell Alibaba Group Holding after the recent conclusion of another investigation, according to analysts.China’s State Administration for Market Regulation (SAMR), the country’s antitrust watchdog, announced the investigation into Meituan on Monday with a one-line statement on its website. The agency is…Read More