Meituan CEO Wang Xing is taking direct control of the food shipment giant’s abroad organizations and drone shipment in its biggest overhaul in the last few years, according to Wang’s employee-faced memo on Friday, as Meituan sets to step up bets on worldwide markets amidst more major difficulties inside China. As part of the reorganization, the business incorporates its in-store and food shipment services that formerly ran separately, with the combined department reporting to Meituan Senior Vice President Wang Puzhong. “The present scenario for Meituan has plenty of difficulties, both internally and externally, however it is a chance for the business to grow even more at the exact same time,” Wang stated in the e-mail. The combination of Meituan’s a lot of important companies within its core regional sector comes at a time when the primary shipment operation has actually slowed in current months while Douyin postures aggressive risks to its in-store services through extremely subsidized techniques.[[21jingji, in Chinese]