Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Merchants Raise Concerns Over Forced Participation in Price Wars During MEITUAN-W's Food Delivery Industry Forum
Recommend 19 Positive 34 Negative 21 |
||||
|
||||
|
MEITUAN-W (03690.HK) (MPNGY.US) has recently held a high-quality development forum for the food delivery industry in Shanghai. During the forum, multiple national chain brands, local Shanghai restaurants, and individual merchants raised concerns about being forced to join price wars, with the average order price for deliveries dropping by RMB7-10, income decreasing by 15%, and the possibility of reduced consumer spending if subsidies end. Experts at the meeting emphasized that price wars would compress the survival space of small- and medium-sized businesses, and a large amount of resources would be consumed in subsidies, inhibiting the industry's innovation capacity. They suggested that small- and medium-sized businesses should be provided with fair competition opportunities to avoid vicious price wars. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
