May holiday spending, Meituan probe: Retailheads

E-commerce retailers geared up for a national consumption festival during the Chinese Labor Day holiday in May. Regulators launched an investigation into Tencent-backed Meituan. Seven central government agencies announced new rules for livestreamed e-commerce. JD Logistics and Alibaba-backed edtech firm Zuoyebang consider public listings.   May holiday consumption The Ministry of Commerce will kick off a month-long campaign to increase consumer…
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