[BIG TECH]■ STORY TIMELINE
CHINA FINES ALIBABA, PDD $528M FOR FOOD SAFETY LAPSES
Chinese regulators levied a combined $528 million in fines against leading food delivery platforms including Alibaba, PDD Holdings, and Meituan for failing to properly vet merchants. The penalty marks the largest sector fine since the 2015 food safety law.
Bloomberg Tech+0m
Chinese regulators fined leading food delivery platforms including Alibaba Group Holding Ltd., PDD Holdings Inc. and Mei…
Techmeme+1h 16m
Luz Ding / Bloomberg: China fines leading food delivery apps, including Alibaba and Meituan, a combined ~$528M, the larg…