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Meituan Executive Urges Caution: Alibaba and JD.com Should Not Be Misled by Numbers. Ele.me's Losses Estimated to Exceed 150 Billion Yuan
3 day ago /
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Author：小编
Recently, in an interview, Wang Puzhong, the CEO of Meituan's core local business, highlighted that the food delivery sector has descended into an irrational price war. Initially, Meituan had no intention of engaging in such a competitive fray but was compelled to participate. Wang Puzhong disclosed that Meituan possesses the capability to precisely manage order volume at a lower cost, urging the industry to revert to a more rational approach. He underscored that Meituan employs efficient strategies to navigate competition, such as refining order structures, steering clear of ineffective subsidies, and emphasizing the utilization of system capabilities to accurately allocate subsidies and minimize resource wastage.
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