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Recently, Shanghai hosted Meituan's 21st symposium on the high-quality development of the takeout industry, where the spotlight was on pertinent issues facing takeout merchants. Since 2024, Meituan has convened several rounds of symposia, delving into topics like algorithmic advancements, delivery systems for riders, and the construction of a robust merchant ecosystem. At this symposium, merchants of varying sizes voiced their concerns regarding the immense pressure they are enduring amidst the ongoing subsidy war. They noted a decrease in the average order value for takeout services, a reduction in their actual earnings, and fears of a potential decline in customer spending once subsidies are discontinued. These insights underscore the challenges and difficulties confronting the takeout industry amidst fierce competition.
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