Chinese regulators have ordered online platforms to ensure food delivery riders earn above the country’s minimum wage, that riders be freed from unreasonable demands placed upon them by algorithms, and that these workers have access to social security and a place in a union, in a likely financial blow to big delivery services companies such as Meituan.
The new proposed regulation to require all tutoring companies be non-profit that kill off a billionaire (losing 15 billion $) overnight and now this, hope China can keep this up :xi-clap:.
It's genuinely really impressive to me that China can step up against a giant like Meituan. Completely unimaginable seeing the US or whatever doing anything remotely similar to Uber even though it's barely a fraction in comparison.
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