Meituan Says 100,000 Lightning Warehouses, RMB 200B GMV Goal to Be Met Early

The significance here is less the target itself than the claim that it lands early, which suggests instant retail's buildout is running ahead of Meituan's own planning assumptions rather than tracking them. That matters for the competitive field around on-demand delivery and for the brands and merchants deciding how much of their distribution to place on these networks. The open question is whether earlier fulfilment reflects genuine demand density or aggressive warehouse expansion outrunning it — and whether the earlier RMB 1 trillion market outlook being met ahead of plan is being read as validation or as a reason to keep raising the bar.