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MEITUAN-W Opposes Low-price, Low-quality Involutionary Competition
In response to the statement "winning the competition at all costs" during the earnings conference call, MEITUAN-W (03690.HK)(MPNGY.US) further clarified that the "a...
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MEITUAN-W Opposes Low-price, Low-quality Involutionary Competition
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In response to the statement "winning the competition at all costs" during the earnings conference call, MEITUAN-W (03690.HK)  +0.900 (+0.663%)    Short selling $700.60M; Ratio 16.156%   (MPNGY.US)      further clarified that the "all necessary measures" mentioned by MEITUAN-W explicitly refers to opposing "low-price, low-quality involutionary competition", according to Chinese media.

MEITUAN-W will continue to increase investment in the industry ecosystem, including rider welfare protection and merchant support funds, to promote healthy industry development through a series of initiatives.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-03 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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