Meituan’s Losses Balloon in Battle With Alibaba

The video discusses the intense competition between Meituan and Alibaba in the food delivery sector. It highlights the severe impact of this battle on investors and outlines Meituan's strategic adjustments, including focusing on restaurant management services and pulling out of overseas markets to reduce losses.

What is the main focus of the competitive battle between Meituan and Alibaba?

• Food delivery business

• E-commerce platform

• Cloud computing services

• Digital payment systems

How is Meituan planning to adjust its strategy in response to the challenges?

• By reducing investment in restaurant services

• By expanding into new markets

• By becoming more disciplined in capital allocation

• By increasing subsidies

Which area does Meituan intend to continue investing in despite the challenges?

• Ride-hailing services

• Restaurant management services

• Overseas market expansion

• Bike-sharing services

What decision has Meituan made regarding its ride-hailing and bike-sharing businesses?

• To expand into new international markets

• To merge with Alibaba's services

• To increase subsidies in these sectors

• To pull out of overseas markets

What is Meituan's promise regarding its loss-making sectors?

• To maintain current operations

• To narrow the losses

• To sell these businesses

• To increase investment