Bei Ke Cai Jing·2025-08-27 15:05Core Insights - Meituan reported Q2 2025 revenue of 91.8 billion yuan, a year-on-year increase of 11.7%, with monthly active users surpassing 500 million [1] - The company aims to enhance value for partners through increased investment in technology innovation and ecosystem development [1] - The core local commerce segment generated 65.3 billion yuan in revenue, reflecting a 7.7% year-on-year growth [1] Business Performance - In July, Meituan's daily order volume for instant retail peaked at over 150 million, indicating strong user engagement [1] - The company has partnered with over 800 leading restaurant brands to open more than 5,500 satellite stores, with a goal of exceeding 10,000 by year-end [1][3] - The new business segment achieved revenue of 26.5 billion yuan, a 22.8% increase, while losses narrowed to 1.9 billion yuan [2] User Engagement and Support - Meituan's order volume for in-store services grew by over 40% year-on-year, with active merchant numbers reaching new highs [2] - The company has implemented full coverage of work injury insurance for riders in 17 provinces and cities, with plans to extend pension insurance subsidies nationwide by year-end [2] - Meituan has allocated 1.6 billion yuan for summer rider support and expanded the scope of its illness reimbursement program [2] Industry Initiatives - The company is actively promoting the "Internet + Bright Kitchen" model, with 117,000 merchants adopting live streaming for transparency [3] - Meituan plans to invest in building 1,200 "Raccoon Canteens" over the next three years to enhance food delivery quality [3] - Research and development investment reached 6.3 billion yuan, a 17.2% increase year-on-year, with drone delivery services operational in multiple cities [3]