--- title: "Meituan's Wang Puzhong: Cost-performance ratio should never rely on industry competition" type: "News" locale: "en" url: "https://longbridge.com/en/news/261404216.md" description: "At the 8th Catering Industry Conference on October 16, Wang Puzhong, CEO of Meituan's core local business, stated that cost-effectiveness should not rely on internal competition among peers, but rather on merchants leveraging structural cost advantages to achieve comprehensive operational improvements. \"Meituan will continue to position itself as a long-term operational platform in the catering industry, not merely as a traffic platform, but deeply integrating into the entire operational chain of merchants.\"" datetime: "2025-10-16T09:21:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/261404216.md) - [en](https://longbridge.com/en/news/261404216.md) - [zh-HK](https://longbridge.com/zh-HK/news/261404216.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261404216.md) | [繁體中文](https://longbridge.com/zh-HK/news/261404216.md) # Meituan's Wang Puzhong: Cost-performance ratio should never rely on industry competition On October 16th, Jinshi Data reported that at the 8th Catering Industry Conference, Wang Puzhong, CEO of Meituan's core local business, stated that cost-effectiveness should not rely on internal competition among peers, but rather on merchants leveraging structural cost advantages to achieve comprehensive operational improvements. "Meituan will continue to position itself as a long-term operational platform in the catering industry, not merely as a traffic platform, but by deeply integrating into the entire operational chain of merchants." ### Related Stocks - [Meituan (MPNGY.US)](https://longbridge.com/en/quote/MPNGY.US.md) - [MEITUAN-W (03690.HK)](https://longbridge.com/en/quote/03690.HK.md) ## Related News & Research - [China to tighten controls on price wars, boost support for overseas expansion](https://longbridge.com/en/news/280611209.md) - [$100 Invested In ProShares Ultra Silver 10 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/281548227.md) - [Why Is Silver Down 4% Today, 4/2/26?](https://longbridge.com/en/news/281547191.md) - [Iridium Communications Stock (IRDM) Moonshots 12% on SpaceX IPO Filing and Amazon Takeover Rumors](https://longbridge.com/en/news/281548482.md) - [Micron Sell-off Is a "Buying Opportunity" Says Mizuho](https://longbridge.com/en/news/281560003.md)