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Meituan Plans to Hike Daily Order Vol. to 150M: CEO Wang Xing
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MEITUAN-W (03690.HK)(MPNGY.US) held its 2Q25 earnings conference call, attended by Chairman and CEO Wang Xing and Senior Vice President and CFO Chen Shaohui. Regarding long-term goals, Wang stated that Meituan has reached a daily order volume of 100 million and plans to increase it to 150 million, according to Chinese media. However, from a long-term perspective, he believed that high-quality orders are more meaningful than high quantity. For the food delivery and instant retail business, Wang envisioned that the current competition will eventually settle down, and he is confident that the business trajectory will be very healthy. AASTOCKS Financial News Website:www.aastocks.com |
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