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Chinese language on-demand supply providers suppliers, led by Meituan and Ele.me, face gloomy prospects after Beijing directed these web platforms to chop the charges they cost eating places, which has put a cap on their revenue margins, in line with analysts.“Since meals supply accounts for a giant proportion of those platforms’ income, the diminished fee payment would have an effect [on their revenue],” stated Zhang Yi, chief govt of market analysis agency iiMedia.Beijing-based Meituan, operator of…
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