Meituan CEO Wang Xing: AI Presents a Strategic Opening for Local Services; Meituan Aims to Be the AI Hub for Future Local Lifestyle Demands
5 day ago / Read about 0 minute
Author:小编   

On Meituan's earnings call held on March 26, CEO Wang Xing emphasized that in the face of the AI revolution, adopting an aggressive rather than a defensive approach constitutes a sound strategy. He clarified that Meituan will not aimlessly chase after being a mere 'token generator.' Instead, the company perceives AI as a pivotal opportunity to enhance, fortify, and even revolutionize its fundamental local services operations. Wang Xing disclosed that since the start of 2023, Meituan has substantially increased its investments in both capital expenditures and AI expertise. Furthermore, he indicated that ongoing enhancements to model capabilities are on the horizon, and Meituan plans to further integrate 'Xiaotuan' seamlessly into the Meituan App. The vision is to leverage cutting-edge AI technology to position the Meituan App as the premier destination for users seeking to meet their local lifestyle requirements.