In a strategic maneuver signaling a new phase of growth and innovation, Meituan, China’s foremost food delivery company, has announced the appointment of Wang Puzhong, Senior Vice President, as the CEO of its pioneering core local commerce business. This landmark decision marks the first occasion in the company’s history where it will operate under the guidance of two chief executives, underscoring its commitment to multifaceted expansion and operational excellence.
The core local commerce business is envisioned as a pivotal integration of Meituan’s diverse in-store and in-home business groups, coupled with the main platform’s foundational research and development operations. This synergistic approach aims to optimize efficiency, enhance customer experience, and drive sustained growth in an ever-evolving market landscape.
The announcement comes on the heels of Meituan’s relentless pursuit of strategic restructuring, with this being the fourth such initiative within a remarkably brief span of less than three months. With the formalization of the consolidated unit, initially proposed in February, Meituan solidifies its commitment to innovation and adaptability, laying a robust foundation for future endeavors.
Under the leadership of Wang Puzhong, supported by Meituan CEO Wang Xing’s strategic vision, the company is poised to navigate dynamic market challenges and capitalize on emerging opportunities. This appointment heralds a new chapter in Meituan’s journey, marked by resilience, agility, and a steadfast dedication to delivering unparalleled value to its stakeholders and customers alike.
Have you read?
World’s Most Fashionable Countries.
World’s Best Countries For Business Expats.
Best Non-Native English Speaking Countries In The World.
Countries With The Largest Household Size.
World’s Best (And Worst) Countries For Older People To Live In.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone
else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine’ prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER
