China asks food delivery services to cut fees for restaurants; Meituan’s stock fell 15%+ to a 19-month low, wiping $26B off its market value, now at ~$148B (Wall Street Journal)

Wall Street Journal:
China asks food delivery services to cut fees for restaurants; Meituan’s stock fell 15%+ to a 19-month low, wiping $26B off its market value, now at ~$148B  —  Shares of online delivery giant Meituan slide to a 19-month low  —  Chinese authorities on Friday said the country’s online food-delivery platforms …