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MEITUAN-W Wang Xing Discusses Food Delivery Competition, Stating Firm Opposition to Involution, Commitment to Do Right Thing
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MEITUAN-W (03690.HK)(MPNGY.US) held its 2Q25 results conference call, with Chairman and CEO, Wang Xing, and Senior Vice President and CFO, Chen Shaohui, attending the meeting. Regarding food delivery competition, Wang clearly stated a firm opposition to involution. Amidst the intensifying competition in the current food delivery market, MEITUAN-W will continue to defend its market position. Wang emphasized that MEITUAN-W has grown through competition, and achieved its leading position today through continuous competition. Whether in the past or present, MEITUAN-W has always focused on doing the right thing—ensuring quality supply, reliable fulfillment and fair price—to create a good experience for its users, Wang added. Meanwhile, MEITUAN-W will focus on ecosystem construction in the long term, benefiting consumers, merchants and riders. AASTOCKS Financial News Website: www.aastocks.com |
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