Meitehao had ¥8.6B revenue and 200 stores — then a prepaid card run killed it
Shanxi's largest supermarket chain collapsed in 2025 when a prepaid card run drained cash. ¥5B+ debt, 54 companies in reorganization.
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Shanxi's largest supermarket chain collapsed in 2025 when a prepaid card run drained cash. ¥5B+ debt, 54 companies in reorganization.
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