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Meituan shutters Youxuan in several regions, shifts focus to offline retail

After cost cuts and subsidy rollbacks failed to yield profits, Meituan is scaling back Youxuan to focus on an offline retail initiative under Xiaoxiang Supermarket.

3 mins read
  • Facing pressure on multiple fronts, Meituan is working to defend its home turf while pushing ahead with global expansion.

    News

    As rivals pile on, Meituan braces for a brutal fight in delivery and commerce

    7 mins read

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