0531 GMT - China's online platforms may see lower monetization rates over time, following China's latest draft regulation on how online platforms charge fees on merchants, according to Citi analysts in a research note. The analysts view the move as an on-going process of regulations targeted to ensure healthy, sustainable development of platform economy. Specifically, they expect platforms which provide services and facilitate transactions with smaller merchants will likely to see more pressure from the guidelines, they note. They don't think new rules would require operators to make major changes, but they are likely to weigh on monetization. Meituan is likely to be the platform affected by the most, followed by PDD Holdings, Alibaba and JD.com, Citi says. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
May 26, 2025 01:31 ET (05:31 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。