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flag China fined seven e-commerce platforms $524 million for food delivery violations.

flag China's market regulator fined seven major e-commerce platforms, including Meituan and Pinduoduo, a total of 3.597 billion yuan (about $524 million) for food delivery violations. flag The penalties target issues like unlicensed "ghost shops" and failures in food safety oversight, including suspending new listings for three to nine months.

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