Meituan (03690): The daily order volume of non-meal instant retail in Peking has steadily exceeded 1 million orders.

According to reports, Meituan (03690) in Peking has a daily order volume of non-food instant retail (Meituan Instant Shopping, Little Elephant Supermarket) that has steadily exceeded 1 million orders. Previous public data shows that last year, the order volume for various fast-moving consumer goods like liquor, beverages, snacks, and dairy products on Meituan Instant Shopping surpassed that of multiple e-commerce platforms. The daily order volume of Meituan's non-food instant retail has already exceeded 18 million orders. Based on the rapid increase in user retention and shopping frequency, Meituan officially launched the "Meituan Instant Shopping" brand on April 15.

Jingu Financial News01:45 ET

The "Takeout Three Kingdoms Kill" is upgraded: Ele.me enters the market with a 10 billion subsidy, JD.com and Meituan stocks under pressure. Who will laugh last?

① What profound impacts will the subsidy war have on the long-term landscape of the local life service market? ② How is the "systematic variable" proposed by CITIC SEC specifically manifested in the competition for takeaway services?

cls.cn23:45 ET

Ele.me announced that it will further increase platform subsidies, and the stock prices of Meituan (03690) and JD.com (09618) responded by declining.

Jinwu Finance News | The intensity of the takeaway battle is heating up again. On April 30, Ele.me announced an increase in platform subsidies, launching a major promotion called "Ele.me Subsidy Over 10 Billion" starting today. The Ele.me App has now launched an entry for the "Over 10 Billion" passphrase. As a result of the news, Meituan (03690) saw its gains narrow to 0.53%, while JD.com (09618) dropped by 1.01%.

Jinwu Financial News21:44 ET

China's Service Trade Grows 8.7% In Q1

Business TodayApr 29 05:25 ET

Express News | Meituan : HSBC Cuts Target Price to HK$165 From HK$195

ReutersApr 29 01:18 ET

The market may reach a critical juncture in the short term, with Banks and Electrical Utilities showing repeated activity, and the Technology Sector poised to take off.

Track the entire lifecycle of the main Sector.

cls.cnApr 28 21:20 ET