Business
Sip happens: China’s delivery giants stir up a free drinks frenzy in no-holds-barred price war
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AI Summary
A fierce food delivery price war is underway in China, with Alibaba and Meituan offering free drinks and heavy discounts to attract customers. This has led to a surge in orders, impacting delivery riders and merchants. While riders like Xie Yu are seeing increased income, merchants are experiencing mixed results with higher order volumes but marginally increased profits. JD.com has also joined the fray, offering discounted fried chicken. The promotions, themed around the "first cup of milk tea in autumn" meme, are part of a larger battle for market share in China's competitive delivery landscape.
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