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China Fines Food Delivery Platforms $671M Over Ghost Deliveries

China's State Administration for Market Regulation fined food delivery platforms 4.87 billion yuan ($671 million) for recording fictitious 'ghost' deliveries that were never fulfilled. Legal representatives of the companies face an additional 19.7 million yuan in personal fines, marking an escalation to individual

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Tag

meituan

China hits food delivery platforms with $671 million fine for ‘ghost’ deliveries

China's State Administration for Market Regulation fined food delivery platforms 4.87 billion yuan ($671 million) for recording fictitious 'ghost' deliveries that were never fulfilled. Legal representatives of the companies face an additional 19.7 million yuan in personal fines, marking an escalation to individual

2mo ago · 1 min · Business

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