How much money does the takeout "Crazy Saturday" burn: Meituan subsidizes 400 million yuan in a single day and Taobao's flash sale exceeds 1.2 billion yuan.

Starting from July 5th, platforms such as Meituan and Taobao Flash Sale suddenly began a new round of food delivery wars. In the past two Saturdays, both platforms have been issuing a large number of "0 yuan delivery" coupons and discount vouchers to boost order volume growth. According to informed sources, last Saturday, Meituan's subsidy amount was 3 to 4 billion yuan, while Taobao Flash Sale's subsidy amount exceeded 12 billion yuan. In the past two weeks, Taobao Flash Sale's weekday subsidy amount has been around 4 billion yuan per day.