Meituan's Group Buying Pushes 'Pickup in Seconds' Service

　　MEITUAN-W (03690.HK) +0.900 (+0.810%) Short selling $299.92M; Ratio 18.536% 's group buying unit announced its plan to expand its “Pickup in Seconds” service to more food and beverage businesses. The service allows consumers to place orders online and pick up their food and drinks at the stores without having to wait in line. It is currently available for high-frequency consumer goods such as tea and coffee.

　　MEITUAN-W's group buying said that more than 80,000 partner brand stores have participated in the “Pickup in Seconds” service, covering more than 360 counties and cities across China.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-02 12:25.)

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