Consolidation and drop in tech industry funding may cut into discounts enjoyed by Chinese consumers with fewer ‘subsidy wars’ among competitors
Players in Chna's on-demand consumer economy were giving away chauffeured rides, movie tickets and food at below-cost, but there are fewer deals to be had now that more companies are merging.
China in 2 minutes a day
More from SupChina
Friday, May 26
May 26, 2017