On September 22, Wang Puzhong, CEO of Meituan's core local business, said at the 2026 Meituan Instant Retail Industry Conference that instant retail has passed the most difficult stage of demand cultivation and network deployment, and that the next stop is to move from the “storehouse distribution era” to the “commodity era”.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.