Now Meituan’s market value has suddenly exceeded US$200 billion, making it one of the top three Internet companies in China. However, Wang Xing said that the platform does not exist for the sake of stock price. Recently, Meituan has also canceled the Alipay payment function. It is different to rely on Tencent.
Just at the beginning of this year, the Guangdong Catering Association, together with 33 other local catering associations, sent a letter of negotiation to Meituan. The appeal had two points: First, it asked Meituan to reduce the commission for merchants 5 Extraction, the other is to oppose Meituan’s requirement to force merchants to operate “exclusively”.
In fact, before this, five provincial and local catering industry associations had sent an open letter to Meituan
On February 18, the Chongqing Federation of Industry and Commerce Catering Chamber of Commerce 1987 A company issued an open letter calling on Meituan to assume social responsibility and reduce commissions.
On February 20, the Hubei Provincial Rice Cooking Association sent an open letter to Meituan, calling for a reduction in corresponding commissions.
On February 21, the Nanchong Hot Pot Association dropped a report letter into the mailbox of the local mayor of Nanchong, reporting that Meituan was suspected of increasing commissions and operating a monopoly during the epidemic.
On February 22, the Yunnan Catering Association wrote an open letter to Meituan on behalf of 220,000 catering companies.
On February 24, the Shandong Catering Association also published an open letter to Meituan.
It can be seen from the above that the local government has to besiege Meituan in order to protect local catering. The above situation did not affect the decline of Meituan's stock price, and it even surged to more than 200 billion US dollars.
Amid the joy of soaring stock prices, crisis may be slowly approaching Meituan, and Meituan’s darkest moment is about to come. Why? Go on.
2020 is the first year of digital currency. At present, China’s digital RMB research and development work is steadily advancing, and internal closed pilot tests are first conducted in Shenzhen, Suzhou, Xiongan New Area, Chengdu and future Winter Olympics scenes, in order to Continuously optimize and improve functions. Speaking of digital currency, everyone’s first reaction may be Bitcoin or Facebook’s planned Libra
However, unlike these so-called digital currencies, the digital currency to be launched by my country’s central bank has national credit endorsement and can It is said to be the electronic version of RMB. Therefore, the central bank’s digital currency is legal.
All that has been said above shows that in addition to Alipay and WeChat, a third payment tool has been born and is backed by national credit. It is straightforwardly the official payment tool of China.
With this official payment tool, every app that requires payment in the future will be bound to and use this payment tool.
Here comes the key point. As mentioned above, local governments have to besiege Meituan in order to protect local catering. With this official national payment tool, provincial governments can jointly develop local catering and tourist attractions. A consumer app within each province can reduce the commission pressure on catering and riders. After all, Meituan’s mature operations for many years have cultivated a group of local riders in each province. Switching platforms will not have much impact on riders, but will gain more. More income than ever before.
The above are the tests that Meituan will face in the future. Of course, if provinces develop local consumer apps, there will still be many issues such as catering hygiene and potential safety hazards for riders, which still need to be verified step by step.
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