Di Yi Cai Jing·2025-11-28 11:42Group 1 - The core viewpoint is that Meituan's food delivery orders are steadily regaining market share, with the company maintaining a leading position in the mid-to-high price order market GTV [1] - Meituan holds over 66% market share in orders with a payment of more than 15 yuan, and over 70% in orders exceeding 30 yuan [1] Group 2 - During the third quarter earnings call, Meituan's CEO Wang Xing reiterated the company's stance against the low-quality, low-price competition of the food delivery price war, describing it as unsustainable [3] - The market results over the past six months have demonstrated that the price war has not created value for the industry [3] - Meituan expresses confidence in defending its market position in instant retail and aims to create genuine long-term value [3]