Back    Zoom +    Zoom -
MEITUAN-W Introduces Rider Apartments Offering Rental Subsidies; First Group of 600 Riders Move In
Recommend
30
Positive
49
Negative
14
MEITUAN-W (03690.HK) announced on its social platform that it commenced construction of apartments for delivery riders in Mainland China starting last Friday (21st). Riders with housing needs can apply to move into these apartments, whereas Meituan will provide rental subsidies to ensure that the actual monthly rent remains below market levels.

The rider apartments offer various room types, including single rooms, shared rooms, and family rooms, equipped with independent shower rooms, washing machines, water dispensers, and 24-hour hot water supply. In cities like Beijing, Shenzhen, and Chongqing, the first group of 600 riders have gradually moved in the apartments.

Related NewsJefferies: BABA-W's Results Offer Insights; Gap in Capital Expenditure as Share of Rev. Between CN 'BAT' and US Hyperscale Cloud Providers Widens Last Qtr

AASTOCKS Financial News
Website: www.aastocks.com