{"id":133834,"date":"2025-08-01T09:30:42","date_gmt":"2025-08-01T09:30:42","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=133834"},"modified":"2025-08-01T09:30:42","modified_gmt":"2025-08-01T09:30:42","slug":"chinas-instant-commerce-giants-commit-to-a-truce-in-brutal-price-war","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=133834","title":{"rendered":"China\u2019s instant commerce giants commit to a truce in brutal price war"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostChina\u2019s top three on-demand delivery service operators \u2013 Alibaba Group Holding, Meituan and JD.com \u2013 have publicly announced an \u201canti-involution\u201d commitment, signalling a truce in their brutal price war.<br \/>\nOn Friday, the three companies vowed to engage in \u201crational\u201d competition and resist offering excessive subsidies, according to separate statements published two weeks after China\u2019s market regulator urged them to stop engaging in excessive competition, known locally as \u201cinvolution\u201d. Alibaba,&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3320452\/alibaba-meituan-jdcom-commit-truce-after-regulator-calls-rational-competition?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 PostChina\u2019s top three on-demand delivery service operators \u2013 Alibaba Group Holding, Meituan and JD.com \u2013 have publicly announced an \u201canti-involution\u201d commitment, signalling a truce&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\/133834"}],"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=133834"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/133834\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133834"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}