41 days ago • Posted by Martin Boujol
Hurting consumers rights does not pay - Meituan stock price down 9%
Meituan, a Chinese shopping platform, has seen its stock plunging 8.6% early Tuesday as the Shanghai Consumer Council criticized issues hurting consumers right. Part of these included misleading content and issues with refunds. The share price is down almost 50% since its February high.
Source: Bloomberg, Yahoo Finance