Meituan's flash purchase business has reached a scale of 175 billion RMB in the past four quarters.

Meituan-W recently held the Meituan Instant Retail Industry Conference. Xiao Kun, Vice President and Head of Flash Purchase Business Department, revealed that the flash purchase business has been growing rapidly. In the past four quarters, the scale of Meituan's flash purchase has reached 175 billion yuan, and it is predicted to exceed 400 billion yuan by 2026. It is estimated that by 2026, Meituan's flash purchase will have created 30,000 stores with daily sales of over 10,000 and 100 brands with a turnover of 10 billion. Currently, Meituan's flash purchase has partnered with over 4,600 large chain retailers, 370,000 local small businesses, and more than 350 brand merchants. Meituan's lightning warehouse has surpassed 5,000, with an average daily order volume exceeding 1.5 million.