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MEITUAN-W's Private Group Buying Biz 'Tuanmaimai' To Suspend from 2025
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MEITUAN-W (03690.HK)'s private group buying business "Tuanmaimai" based on WeChat community distribution has only been launched for one year. It has recently announced that, due to business overhaul, it will be officially suspended from January 1, 2025. By that time, users will no longer be able to place orders to purchase goods, and unshipped orders will have to be processed by January 2025 at the latest, and the remaining balance in user account must be withdrawn before the end of February. According to Meituan, Tuanmaimai is a WeChat community management tool officially launched by Meituan that provides a full range of solutions for private transactions. In the form of a WeChat mini program, it aids "group leaders" in precise matching and provides consumers with more diversified, more secure and more affordable group purchasing services to maximize private domain value. The types of group purchasing products include food, fresh food, daily necessities, maternal and infant products, clothing, beauty, home furnishings, and more. AAStocks Financial News |
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