Browsing Tag
Meituan
2 posts
China investigates Meituan and Alibaba units in widening online travel crackdown
Chinese regulators are investigating businesses linked to Meituan and Alibaba alongside Tongcheng and Tujia over suspected unfair competition in online hotel and travel booking. The action expands enforcement across a sector already shaken by a 5.2 billion yuan penalty against Trip.com and puts platform practices, merchant terms and investor risk back under the microscope.
Scottish Mortgage (LSE: SMT) delivers 27.4% NAV return as SpaceX nears IPO and AI buildout reshapes the portfolio
Scottish Mortgage returns 27.4% as SpaceX swells past 19% of assets and shares jump to a 52-week high premium, turning SMT into a leveraged bet on one IPO.