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Meituan Cuts Jobs After Costly Price War, Pivots to AI
Meituan lays off nearly 2,000 employees after a year-long instant-retail price war burned RMB 150 billion. The company now pivots aggressively toward AI.
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Meituan lays off nearly 2,000 employees after a year-long instant-retail price war burned RMB 150 billion. The company now pivots aggressively toward AI.