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MEITUAN-W Suspends B2C E-commerce Biz 'Tuan Haohuo'
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MEITUAN-W (03690.HK)'s "Tuan Haohuo" business announced today (15th) via an internal email that it will be suspended according to the decision made by the food and grocery retail management team, which aims to focus efforts on exploring new retail models.

Public information shows that "Tuan Haohuo" is a B2C e-commerce business independently incubated by MEITUAN-W. It was launched in August 2020 as a mini-program, upgraded to a primary entry on the Meituan App in December 2020, and later renamed Meituan E-commerce.
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