Yang Zi Wan Bao Wang·2026-01-09 11:59Core Viewpoint - The State Administration for Market Regulation announced an investigation into the competitive landscape of the food delivery platform service industry, highlighting issues such as excessive subsidies, price wars, and traffic control that have negatively impacted the real economy and intensified "involution" competition [1] Group 1: Investigation Announcement - The State Administration for Market Regulation will conduct an investigation and assessment of the market competition in the food delivery platform service industry [1] - The investigation aims to understand competitive behaviors through on-site verification, interviews, and surveys, gathering opinions from various stakeholders including platform operators, new employment groups, and consumers [1] - The investigation follows previous discussions in May and July 2025, where three food delivery platforms were urged to compete fairly and operate legally [1] Group 2: Company Response - Meituan expressed strong support for the investigation and committed to cooperating fully, viewing it as an opportunity to work with other platforms to fulfill market responsibilities and participate fairly in competition [1] - Meituan has publicly stated its opposition to "involution" during its earnings calls and shareholder meetings for three consecutive quarters [1] - In 2025, Meituan made six official statements against "involution," emphasizing its stance on the issue [1]