Meituan Wang Xing Responds to JD.com Takeaway Ten Billion Subsidies: Will Win the Competition at Any Cost
2025-05-26 11:47:28
On May 26th, in the Meituan Quarter 1 conference call, on the impact of JD.com Ten Billion Subsidy on Meituan's takeaway business, Meituan CEO Wang Xing responded that Meituan "will win the competition at any cost." He said that Meituan has also experienced several rounds of very fierce competition in the past, and he believes Meituan can also win this time. Meituan welcomes new players to enter this market and also recognizes the huge potential of the takeaway industry. At the same time, Meituan is concerned that in the current industry competition, some subsidies are irrational, accompanied by low quality and low prices.
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