On March 2, China’s Supreme People’s Court issued the Regulation on Several Issues Concerning the Application of Law in the Trial of Internet Consumer Dispute Cases.
On March 3, Meituan Low Altitude Logistics Technology Co., Ltd. was founded in Shenzhen, with legal representative Mao Yinian and registered capital of RMB 10 million.
On March 1, Meituan announced several initiatives to help small and medium-sized businesses hit by the COVID-19 pandemic. These initiatives mainly provide assistance from two aspects: cost reduction and income increase.
Chinese hotpot chain Haidilao issued an announcement on the appointment of management personnel. Zhang Yong stepped down as CEO of Haidilao and was succeeded by Yang Lijuan.
Digitization can help address pressing challenges during the pandemic, but it can also achieve multiple goals, such as boosting consumer engagement, enhancing partner ecosystems, and establishing new operating models.