News Snapshot:
Wang Xing , the 42-year-old billionaire founder and chief executive of Meituan , has apparently locked down nearly 18,000 of his social media posts from public view, weeks before the food delivery and on-demand local services giant was slapped with a 3.44 billion yuan (US$533 million) fine by the government to end the firm’s antitrust investigation. Online checks made by the South China Morning Post found that Wang has hidden from the public all of his 661 posts on popular Chinese microblogging service Weibo and 17,105 posts on Fanfou , a now-obscure microblogging platform that he launched in 2007 during...
