Core Insights - Meituan's CEO Wang Xing announced personnel adjustments in the company's core decision-making team, expanding the S-team to include new members from the new business sectors, indicating a strategic shift towards growth in these areas [1][3] Group 1: Leadership Changes - The addition of Xiao Fei and Qiu Guangyu to the S-team reflects a significant increase in the influence of new business sectors within Meituan's management structure, aiming to open new growth avenues amid slowing core local business growth [1][3] - Xiao Fei, a long-time Meituan employee, has been promoted to oversee the hardware and software services sector, showcasing the company's commitment to internal talent development [1][2] - Qiu Guangyu's rapid ascent, having built an international team and expanded services in multiple countries within a year, highlights Meituan's focus on internationalization as a core strategy [2][4] Group 2: Strategic Focus - Meituan's current business structure is divided into core local commerce and new business sectors, with the recent appointments forming a strategic triangle that emphasizes the importance of both areas [3][4] - The promotions of Xiao Fei and Qiu Guangyu signal Meituan's dual focus on stabilizing its domestic market while aggressively pursuing international expansion, particularly in the Middle East and potentially other regions like Brazil [4]

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