Meituan's AI strategy focuses on three key areas:
1. AI at Work: Integrating AI into employee workflows and operations to boost productivity. Examples include an in-house large language model called "Long Cat" for coding assistance, meeting summaries, and sales support.
2. AI in Products: Upgrading existing products and launching new AI-native offerings. This includes AI assistants for restaurant bookings and travel planning.
3. In-house Large Language Model: Continuous investment in developing Meituan's own LLM capabilities.

Key initiatives and results:
- AI-powered customer service has improved efficiency by over 20% and satisfaction by 0.5 percentage points.
- AI sales assistant helped gather data on 1.2 million merchants, reducing BD team workload by 44%.
- 27% of new code is now generated by AI coding tools.
- Testing of AI assistants in various service categories to enhance user experience.

Meituan sees AI as transformative and is taking an offensive strategy, leveraging its position connecting digital and physical worlds in local services.
Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.