Meituan's Wang Putong talks about "food delivery war": competitors lack systemic capabilities.

Today, according to the LatePost report, Wang Puzhong, CEO of Meituan's core local business sector, stated that Ele.me offered free meals every day last year, but the cost was too high to sustain. Wang Puzhong mentioned that Ele.me was the first to introduce "0 yuan purchase", and last year they offered free meals every day, but the cost was too high and could not be sustained. Regarding the food delivery battle, Wang Puzhong pointed out that the competitors' systems do not have the capabilities of Meituan. "I can send a milk tea voucher to a designated user, specify it to a certain product, and then guide the user to pick it up at a specific store. This requires a strong system capability, and all of this needs to be developed. Of course, they are working overtime to develop this. You can wait and see if the competitors will follow suit."