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MEITUAN-W Reportedly Invests RMB1.4B to Pay New Occupational Injury Insurance Premiums for 6M+ Riders So Far
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Chinese media sources cited MEITUAN-W (03690.HK) as revealing that the company, as one of the first batch of pilot enterprises, has already invested RMB1.4 billion to pay the new occupational injury insurance premiums for more than 6 million riders across the pilot provinces and cities.

Recently, MEITUAN-W has also disclosed that it is preparing to increase the number of pilot provinces from 7 to 17 and gradually promote nationwide implementation.

Related NewsHSBC Global Research Cuts MEITUAN-W TP to $195, Foresees Overseas Investment Loss to Hike

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