On August 23rd, Meituan CEO Wang Xing released an internal email titled "Company Organization Continues Iteration", announcing new progress in organizational restructuring. According to the email, Meituan's SaaS, cycling, power bank and other businesses have been merged into "software and hardware services", which will be managed by Zhang Chuan; Fast Donkey, Xiaoxiang, Youxuan and other businesses will be merged into "Food and Miscellaneous Retail", under the responsibility of Guo Wanhuai; The overseas business has been officially renamed as Keeta, under the responsibility of Qiu Guangyu; Other unchanged.