{"id":132981,"date":"2025-07-17T11:00:16","date_gmt":"2025-07-17T11:00:16","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=132981"},"modified":"2025-07-17T11:00:16","modified_gmt":"2025-07-17T11:00:16","slug":"meituan-executive-bemoans-irrational-price-war-with-alibaba-jd-com","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=132981","title":{"rendered":"Meituan executive bemoans \u2018irrational\u2019 price war with Alibaba, JD.com"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostA Meituan executive said the company had no choice but to join the latest round of what he called \u201cirrational competition\u201d against rivals JD.com and Alibaba Group Holding in China\u2019s instant delivery sector, even though the blizzard of discounts being offered to woo buyers had become disconnected from business fundamentals.<br \/>\n\u201cWe didn\u2019t want to take part in [the price war], as we don\u2019t think it makes sense,\u201d Wang Puzhong, head of Beijing-based Meituan\u2019s core local commerce business, said in an&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3318580\/meituan-executive-bemoans-irrational-instant-commerce-price-war-alibaba-jdcom?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostA Meituan executive said the company had no choice but to join the latest round of what he called \u201cirrational competition\u201d against rivals JD.com&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/132981"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132981"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/132981\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132981"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}