Meituan.
Meituan launches preferential buffets in cooperation with merchants every month, mainly to attract customer traffic.
Group buying, which means group shopping, refers to a shopping method in which consumers who know or do not know each other unite to increase their negotiating power with merchants to obtain the best price.
Based on the principle of small profits but quick turnover, merchants can provide group purchase discounts lower than retail prices and provide high-quality services that cannot be obtained by individual purchases.