In China, Meituan has reshaped city life — and heightened a rivalry with a certain competitor.
The showdown isn’t just business. It’s personal. Alibaba funded Meituan in its early years, and the relationship ended after Meituan Chief Executive Officer Wang Xing wriggled out of that partnership, infuriating Alibaba co-founders Jack Ma and Joe Tsai. Wang, a slight figure with wire-rim glasses and a buzz cut, says the clash was inevitable.
