Meituan's Wang Puzhong: Helping Merchants Understand and Transform the Physical World is Our Very Clear Strategy

MaticHoleFiller · 2026-03-18T03:53:06+00:00

Meituan's Core Local Business CEO Wang Puzhong shared his views on industry competition and AI development during a management communication meeting. In the face of fierce competition, Meituan maintains its market share through improved user experience and innovation, and plans to increase investment in AI to enhance logistics and robotics technology. He emphasized the importance of building a data foundation in the physical world to help merchants utilize AI to transform their business models.

MaticHoleFiller

2026-03-18 03:53:06

Abstract generation in progress

Sina Tech reported on the afternoon of March 13 that Meituan held its 2026 management communication meeting. Wang Puzhong, CEO of Meituan’s core local commerce division, shared his views on industry competition and AI development.

Wang Puzhong stated that last year, the core local commerce faced unprecedented inward competition, and he is grateful for the team’s stability under pressure. Instant retail has maintained over 60% of GTV share with losses far below competitors, mainly by focusing on user experience and continuous innovation.

Regarding AI development, Wang Puzhong said that Meituan will continue to increase investment. One layer involves R&D in logistics, robotics, and related technologies, such as drones and autonomous vehicles; another layer involves building rich physical world information, authentic reviews, and capturing real-time dynamic data for models and C-end agents.

“We have the most comprehensive information, physical world action capabilities, drones, autonomous vehicles, and embodied intelligence,” Wang Puzhong said. In the future, the company will first invest firmly in its own foundational large models, creating distinctive low-inference-cost models that keep pace with SOTA (industry-leading standards). At the same time, based on building the most complete and accurate physical world data foundation, Meituan aims to develop an AI infrastructure and action capabilities for the physical world.

“Helping merchants understand and transform the physical world is a very clear part of our strategy,” Wang Puzhong stated. Meituan will provide the best online operating platform for long-term merchants and help each merchant utilize their own AI assistants.

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