Di Yi Cai Jing·2025-11-28 11:50Core Viewpoint - The CEO of Meituan, Wang Xing, emphasized that the recent price war in the food delivery sector is unsustainable and does not create value for the industry, reaffirming the company's stance against low-quality competition [1] Group 1: Market Position and Strategy - Meituan's market share in food delivery orders has been steadily recovering, with the company maintaining a leading position in the mid-to-high price order market [1] - Over two-thirds of Meituan's orders are priced above 15 yuan, and more than 70% of orders exceed 30 yuan, indicating a strong presence in higher-value transactions [1] Group 2: Long-term Value Creation - The company is confident in defending its market position in instant retail and aims to create genuine long-term value, distancing itself from the low-price competition [1]