China’s Meituan Dianping shares dive as rising costs inflate losses

U.S. asks allies to avoid Huawei’s equipment: WSJ
November 22, 2018
U.S. asks allies to shun Huawei equipment, WSJ reports; sector stocks fall
November 22, 2018
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Meituan Dianping’s share price plunged on Friday after the Chinese online food delivery-to-ticketing firm reported a far wider quarterly operating loss amid a costly battle with rivals including Alibaba-backed