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Meituan Calls for Industry to Build Good Ecosystem to Foster Healthy, Sustainable Development of Catering Service Industry
MEITUAN-W (03690.HK) stated on its official Weibo account that recent subsidies offered by food delivery platforms have aroused immense public attention. Meituan attaches great imp...
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MEITUAN-W (03690.HK)  -2.100 (-1.709%)    Short selling $956.07M; Ratio 29.191%   stated on its official Weibo account that recent subsidies offered by food delivery platforms have aroused immense public attention. Meituan attaches great importance to this and is determined to regulate promotional activities, bar unfair competition, and promote the establishment of a fair and orderly industry order, fostering mutual benefit and win-win outcomes for all parties.

Meituan commits to taking the lead by actively calling on the industry to co-build a promising ecosystem to promote the standardized, healthy, and sustainable development of the catering service industry. It also stated that its subsidy campaign will strictly comply with relevant laws and regulations, without forcing or indirectly forcing merchants to participate in subsidy activities, thereby effectively safeguarding merchants' autonomy in pricing.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-06 12:25.)

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