{"id":26824,"date":"2025-09-17T10:27:07","date_gmt":"2025-09-17T10:27:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/26824\/"},"modified":"2025-09-17T10:27:07","modified_gmt":"2025-09-17T10:27:07","slug":"empty-tables-low-margins-show-cost-of-chinas-food-delivery-war","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/26824\/","title":{"rendered":"Empty Tables, Low Margins Show Cost of China\u2019s Food Delivery War"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">As Chinese consumers snag <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-25\/chinese-hotpot-chain-haidilao-s-sales-drop-as-diners-hold-back\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">14-cent coffees<\/a> and 50-cent meals thanks to a fierce price war among food delivery platforms, restaurants and tea chains are counting the cost of vanishing footfalls.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The latest financial results of major listed restaurants, teahouses and cafes analyzed by Bloomberg News show that aggressive online promotion campaigns took a toll on their businesses in the first half of the year, especially in the three months to June when the price war kicked off.<\/p>\n","protected":false},"excerpt":{"rendered":"As Chinese consumers snag 14-cent coffees and 50-cent meals thanks to a fierce price war among food delivery&hellip;\n","protected":false},"author":2,"featured_media":26825,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[8175,72,21323,114,222,113,426,22422,61,60,22421,22420,22419,80,2286],"class_list":["post-26824","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-alibaba-group-holding-sp-adr","tag-business","tag-chief-financial-officer","tag-china","tag-earnings","tag-economy","tag-food","tag-haidilao-international-holdi","tag-ie","tag-ireland","tag-jd-com-inc-adr","tag-luckin-coffee-inc-adr","tag-meituan-class-b","tag-technology","tag-war"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/26824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=26824"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/26824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/26825"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=26824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=26824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=26824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}