Meituan: Starting today, the Small and Medium Merchant Development Support Plan is officially launched, providing financial assistance to small and medium sized merchants.

Meituan announced that starting today, it officially launched the Small and Medium Business Development Support Program, providing financial assistance to small and medium-sized businesses to support more small restaurants in achieving stable growth. In the face of intensified competition in the restaurant industry recently, we plan to further increase cash and subsidy investment on top of the previous assistance funds, focusing on supporting small and medium-sized restaurants with long-term operation, high repurchase rate, and good reputation. It is expected that by the end of this year, Meituan's assistance fund will cover over 100,000 small restaurants, with a maximum assistance fund of 50,000 yuan per store.