Meituan announces strategic transformation and upgrade of its selection strategy, and the company's stock price rebounds immediately

Zhitong
2025.06.23 06:24
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Meituan announced that it will fully expand instant retail, promote the quality upgrade of new retail formats, and make corresponding adjustments to its businesses. Meituan Youxuan will explore the "next-day delivery + self-pickup" model and exit some loss-making areas; Meituan Shangu will expand categories and optimize the shopping experience; Xiaoxiang Supermarket will expand its coverage. Following this move, Meituan's stock price rose by 2.8%, closing at HKD 132.2