直面外卖大战、AI变局、战略失误 王兴给美团摁下“理性”重启键

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经历了千亿元补贴大战、市值跌破4000亿港元之后,美团站上了一个新的战略节点。  6月26日,美团(03690.HK)年度股东大会在北京召开。过去一年,美团经历了严峻的考验。2025年全年业绩由盈转亏,调整后净亏损186.5亿元,而2024年同期为盈利437.7亿元。亏损背后,外卖、即时零售赛道竞争白热化,美团、阿里、京东三家在此持续展开烧钱补贴大战。此外,美团股价年初至今累计跌幅超过37%,同期...

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