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MEITUAN-W, Taobao Instant Commerce, JD Food Delivery Sign Self-Regulatory Pact, Establish Cross-Platform 'Blacklist' Sharing Mechanism
2026-06-11 14:26:04 Witnessed by relevant officials of the Guangdong Provincial Administration for Market Regulation, MEITUAN-W (03690.HK), Taobao Instant Commerce and JD Food Delivery jointly signed the "High-Quality Development and Food Safety Self-Regulatory Pact for Online Catering Industry in Guangdong Province", aiming to promote the online catering industry’s transition from "passive compliance" to "proactive governance", from "scale expansion" to "quality first", and from "operating alone" to "co-governance". The pact sets out clear requirements covering platform responsibilities, management of onboarded catering merchants, care for delivery personnel, and social co-governance. It also for the first time proposes the establishment of a cross-platform "blacklist" sharing mechanism, under which merchants committing serious violations will face joint cross-platform restrictions, achieving "one violation would trigger restrictions across the entire network". ~ AASTOCKS Financial News Website: www.aastocks.com | |