Guangdong Catering Association: Meituan responded with mixed results

Guangdong Catering Association: Meituan responded with mixed results
Meituan’s response to takeaways is expected to quell the doubts that Guangdong’s restaurant industry plans to raise commissions too much.In the early hours of April 14, the Guangdong Food Service Industry Association Takeaway Special Committee (hereinafter referred to as the Special Committee) issued a statement again, stating that some of the data released by Meituan in the response was inaccurate, and at the same time, the refund of MeituanThe commission policy is questioned.  In response to Meituan takeaway, in 2019, the commission for more than 80% of Meituan takeaway merchants was between 10% and 20%. The Special Committee quoted a report from the Haifeng County Small Catering Industry Association that there were 166 local member merchants, of which about 120Meituan delivery platform has been listed, but none of the merchants’ commission in 2019 is less than 20%.  According to a report by the Haifeng County Small Catering Industry Association, Meituan ‘s takeaways have moved from 4%, 12%, and 15% to the county seat after five years of advancement, to a small percentage of established merchants today, and 20% of other merchants.The commission was completely inconsistent with what Meituan’s takeaway response said.  In addition, Meituan Takeaway said that 80% of its commission income in 2019 has paid rider wages, and specifically pointed out that Meituan ‘s financial report shows that this number is actually 74.83%, and the ratio of the cost of catering takeaway riders to the total revenue of catering takeaways has decreased year by year, while the commission rate of catering companies has increased year by year.  Meituan’s takeaway mentioned in yesterday’s response that from March onwards, the commission for takeout will be returned at a rate of not less than 3% -5%.On marketing and flow promotion, but cannot withdraw cash, “The lifeline of catering companies is cash flow rather than future business flow.”The leader of the Special Committee, the negotiations with Meituan takeaway are not commission reduction and flow, but commission reduction and rebate, and commission ratio.”During the critical moment of the epidemic, catering companies need to directly reduce commissions and increase cash flow, rather than seeing intangible rebates that can be used to purchase flow in the future, because there is no cash flow, and perhaps it will not be able to support tomorrow.”In this way, in response to the Sino-US group takeaway, it did not explain the exclusive cooperation, the special guidance pointed out that this is more practical for the majority of catering companies, and it is also the boundary of the law.The content of the negotiation letter became a substantive reply, because there will be many catering companies in the epidemic that can not wait for the replacement of the roundtable.The Guangdong Catering Industry Association said that we are very happy that Meituan is willing to face difficulties together with the catering industry!Although Meituan is very modest and says that it is still a startup, we expect Meituan, as a listed company with a market value of hundreds of billions of dollars, to soon introduce substantive measures that meet the social responsibility of large corporations.Reporter Lu Yifu edited Sun Yong proofreading Liu Jun