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Meituan Waimai's 'Shenqiangshou' Daily Order Vol. Surpasses 10M: Report
MEITUAN-W (03690.HK)'s Meituan Waimai (Meituan Takeaway) "Shenqiangshou" surpassed 10 million daily orders, according to a report by Sina Tech. Since the beginning of...
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MEITUAN-W (03690.HK)  +0.900 (+0.662%)    Short selling $1.39B; Ratio 27.109%   's Meituan Waimai (Meituan Takeaway) "Shenqiangshou" surpassed 10 million daily orders, according to a report by Sina Tech. Since the beginning of this year, Meituan "Shenqiangshou" has poured in enormous resources to help merchants innovate products and connect with user demands.

The focus has been on supporting chain restaurant brands and quality small and medium-sized businesses by establishing independent product display areas, providing fixed quality exposure positions, and implementing traffic tilt strategies to enhance the exposure and market reach of high-quality products.

Related NewsCLSA Chops MEITUAN-W (03690.HK) TP to $195, Keeps Rating at Overweight
"Shenqiangshou" also announced an upgrade to its quality control system recently, raising the entry threshold. Merchants with mediocre hygiene and product quality will not be able to apply to enter "Shenqiangshou".
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-23 16:25.)

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