Meituan Plunges as Losses Balloon in Food Fight With Alibaba
The Meituan Dianping logo is seen on the company’s application on an Apple Inc. iPhone in an arranged photograph taken in Hong Kong, China. (Photographer: Justin Chin/Bloomberg)

Meituan Plunges as Losses Balloon in Food Fight With Alibaba

(Bloomberg) -- Meituan Dianping, the Chinese food-delivery giant, slumped by a record as its fight for market share with Alibaba Group Holding Ltd. led to wider losses.
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