Wang Xing
-
Meituan’s Wang Xing and Management at Shareholders Meeting: “This Isn’t a Press Conference,” Says Shareholder
Meituan’s annual shareholder meeting, led by CEO Wang Xing, was a structured affair with executives primarily reading prepared scripts. Questions covered topics like competition, flash sales, tech advancements, and overseas expansion. Shareholders expressed frustration, leading to a smaller discussion. Despite this, Meituan reported strong Q1 2025 results, with significant revenue and profit growth across its core local commerce and new initiatives segments, driven by robust delivery and online marketing services.