JD.com, Meituan and ByteDance among the first to pledge antitrust compliance after being told by Beijing to learn a lesson from Alibaba

The statements strictly toed the line from Tuesday’s meeting co-hosted by the antitrust watchdog, cyberspace administration, and taxation authority. ByteDance, the owner of short video app TikTok and Douyin, made 13 promises in its public statement. — SCMP

JD.com, Meituan and ByteDance led the first group of Chinese Big Tech companies to pledge compliance with the law, a day after regulators told them to “learn a lesson” from Alibaba Group Holding in Beijing’s latest antitrust crackdown.

On April 14, 12 of the 34 tech companies lectured by authorities on Tuesday had issued public statements disclosing their commitment to do business in compliance with laws, after being told to take note of Alibaba’s recent antitrust punishment and to conduct self-inspections in the coming month.