Core Viewpoint - The company reaffirms its stance against the unsustainable price war in the food delivery sector, emphasizing that it does not create value for the industry [1] Group 1: Company Strategy - The company plans to increase investments in rider rights protection and support for small and medium-sized merchants to promote long-term healthy development of the industry [1] - The CEO expressed confidence in defending the market position in instant retail and creating genuine long-term value [1] Group 2: Market Position - The company believes that the current irrational competition in the food delivery industry is temporary [1] - Recent data shows a steady recovery in the company's market share for food delivery orders, maintaining a leading position in the mid-to-high price order market [1] - The company holds over 66% market share for orders exceeding 15 yuan and over 70% for orders exceeding 30 yuan [1]
王兴:外卖价格战不可持续,有信心捍卫市场地位、创造长期价值