Xin Lang Ke Ji·2025-08-27 13:48Core Viewpoint - Meituan's CEO Wang Xing reiterated the company's long-term profit margin target of approximately 3% per order, emphasizing that subsidies are not a sustainable strategy in the fiercely competitive food delivery market [1] Group 1: Financial Performance - Meituan maintains its long-term profitability assumption of "1 yuan per order" and a profit margin of about 3% despite increased strategic investments in the third quarter, which may pressure some financial metrics in the short term [1] - The management believes that competition will eventually return to rationality, indicating confidence in the company's financial strategy [1] Group 2: Market Competition - The current food delivery market is experiencing intensified competition, and Meituan is committed to defending its market position [1] - Wang Xing stated that Meituan has grown through competition and has achieved its leading position in the market through continuous competitive efforts [1]