Meituan announced on June 23 that it will fully expand its instant retail business while retreating from loss-making regions in its community group-buying unit, Meituan Youxuan. The company will reallocate resources to strengthen its competitive edge in instant delivery, with a focus on growing its Flash Buy service and XiaoXiang Supermarket’s warehouse-based delivery…
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Meituan expands instant retail, scales back community group-buying in unprofitable areas
作者gocpmall
6 月 27, 2025