China Publishes Draft Guidance for Online-Platform Merchant Fees
The Chinese regulator has published draft guidelines for fees online platforms charge third-party merchants, an important source of revenue for companies including JD.com, Meituan and PDD Holdings Inc.
Companies that operate online platforms should charge reasonable fees and take into account factors like the operational status of merchants with which they do businesses, the State Administration for Market Regulation, the country's anti-monopoly regulator, said in a statement on Sunday.
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