Meituan has officially announced its comprehensive entry into the instant retail market. Its Flash Buy service has successfully established more than 30,000 lightning warehouses and introduced the 'half-day delivery and installation of home appliances' service, aimed at enhancing the shopping experience across diverse product categories. Furthermore, Elephant Supermarket boasts nearly a thousand front-end warehouses in 20 cities across China, with annual agricultural product sales surpassing 20 billion yuan. The company intends to broaden its geographical reach and promote a 'direct sourcing' strategy to further solidify its market position. Additionally, the overseas arm of Elephant Supermarket, Keemart, has commenced beta testing in Saudi Arabia. Meanwhile, Meituan Select remains focused on its core competencies while actively exploring innovative models for community retail.