Meituan to Pay Social Security for Food Delivery Riders as Required by Chinese Government, Share Price Plummets
China’s State Administration for Market Regulation, along with seven other governmental departments, jointly issued “Guiding Opinions on Implementing the Responsibilities of Online Catering Platforms and Effectively Protecting the Rights and Interests of Food Delivery Staff” (hereinafter referred to as the Opinions) on July 26, which contained comprehen…