--- title: "Meituan's Wei Wei: The catering industry is entering a period of deep reshuffling, and quality catering is the foundation of the industry" description: "Meituan Vice President Wei Wei stated at the 8th Catering Industry Conference that the catering industry is entering a period of deep reshuffling, emphasizing that quality dining is the foundation of " type: "news" locale: "en" url: "https://longbridge.com/en/news/261541837.md" published_at: "2025-10-17T03:06:41.000Z" --- # Meituan's Wei Wei: The catering industry is entering a period of deep reshuffling, and quality catering is the foundation of the industry > Meituan Vice President Wei Wei stated at the 8th Catering Industry Conference that the catering industry is entering a period of deep reshuffling, emphasizing that quality dining is the foundation of the industry. Meituan will strive to become a long-term companion for quality dining and support its development through ecological optimization, service innovation, and operational upgrades. In addition, Meituan will accelerate the urban expansion of the Black Pearl and Must-Eat lists, establish a formal dining committee to address market challenges, and upgrade the star rating system to resolve evaluation issues At the 8th Restaurant Industry Conference on October 16, Wei Wei, Vice President of Meituan and General Manager of Meituan's Dining Division, stated that a bustling dine-in business is the most important characteristic of a thriving restaurant industry. The restaurant sector is entering a period of deep reshuffling, and Meituan aims to be a long-term companion for quality dining. "Quality dining has never been a 'transient visitor,' but rather the 'foundation of the industry' that we must protect." Over the past year, Meituan and Dianping have explored three major directions: ecological optimization, service innovation, and operational upgrades. According to Wei Wei, to create a more favorable ecological environment for quality dining, the Black Pearl and Must-Eat lists will accelerate their expansion into more cities. Meituan is also addressing the current market environment by establishing a formal dining committee to work together with quality dining establishments. The star rating system will further iterate and upgrade to address issues such as evaluation competition and false reviews, severely punishing intentional undermining and malicious evaluations, and helping restaurant businesses acquire more healthy data assets ### Related Stocks - [MPNGY.US - Meituan](https://longbridge.com/en/quote/MPNGY.US.md) - [03690.HK - MEITUAN](https://longbridge.com/en/quote/03690.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Meituan Acquires Dingdong’s Grocery Retail Business | Meituan is acquiring Dingdong’s grocery retail business through its subsidiary, Two Hearts Investments Limited, for appr | [Link](https://longbridge.com/en/news/274944684.md) | | Meituan Grants Over 6.3 Million RSUs Under Post-IPO Share Award Scheme | Meituan has granted 6,341,017 restricted share units (RSUs) under its Post-IPO Share Award Scheme, effective January 23, | [Link](https://longbridge.com/en/news/273660930.md) | | Happy Belly Food Group Signs Definitive Agreement for the Sale of Holy Crap Foods as It Focuses on Accelerating Its QSR Businesses \| HBFGF Stock News | Happy Belly Food Group Inc. has signed a definitive agreement to sell Holy Crap Foods for $1 million CDN in cash, aiming | [Link](https://longbridge.com/en/news/275747044.md) | | Assessing Restaurant Brands International (NYSE:QSR) Valuation After Recent Share Price Pullback | Restaurant Brands International (QSR) has seen a 3% decline in share price over the past month, currently priced at $66. | [Link](https://longbridge.com/en/news/275997405.md) | | ZAWYA-PRESSR: New Appointment: Jaroslav Hoznourek director of food and drinks, Hilton Dubai Palm Jumeirah | Hilton Dubai Palm Jumeirah has appointed Jaroslav Hoznourek as the new Director of Food and Drinks. With over 20 years o | [Link](https://longbridge.com/en/news/276054706.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.