Meituan CEO Wang Xing: Do not blindly pursue becoming a "Token factory" and view AI as a strategic opportunity

GateNews

Gate News reports that on March 26, Meituan CEO Wang Xing made a strategic statement about AI business development. Wang Xing said that in the AI revolution, the only reasonable strategy is offense rather than defense. However, Meituan will not blindly pursue becoming a “Token factory” (Note: here, “Token” refers to the basic processing unit of AI language models, not cryptocurrency tokens), but instead views AI as a strategic opportunity. Wang Xing believes that the key to the “super entrance” of AI lies in accurately understanding user needs and efficiently executing tasks, which is far more complex than a “chatbot.” Wang Xing stated, “We hope to use a new generation of AI technology to make the Meituan app the preferred platform for users to solve local life needs. We will strengthen AI search capabilities, enhance execution abilities, and strive to upgrade Meituan into a leading AI-driven application, becoming the future AI gateway for local life needs.”

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