id	sid	tid	token	lemma	pos
fbem-21453	1	1	frontiers	frontier	NOUN
fbem-21453	1	2	in	in	ADP
fbem-21453	1	3	business	business	NOUN
fbem-21453	1	4	,	,	PUNCT
fbem-21453	1	5	economics	economic	NOUN
fbem-21453	1	6	and	and	CCONJ
fbem-21453	1	7	management	management	NOUN
fbem-21453	1	8	issn	issn	PROPN
fbem-21453	1	9	:	:	PUNCT
fbem-21453	1	10	2766	2766	NUM
fbem-21453	1	11	-	-	PUNCT
fbem-21453	1	12	824x	824x	NUM
fbem-21453	1	13	|	|	ADJ
fbem-21453	1	14	vol	vol	NOUN
fbem-21453	1	15	.	.	PROPN
fbem-21453	1	16	15	15	NUM
fbem-21453	1	17	,	,	PUNCT
fbem-21453	1	18	no	no	INTJ
fbem-21453	1	19	.	.	NOUN
fbem-21453	1	20	1	1	NUM
fbem-21453	1	21	,	,	PUNCT
fbem-21453	1	22	2024	2024	NUM
fbem-21453	1	23	306	306	NUM
fbem-21453	1	24	application	application	NOUN
fbem-21453	1	25	of	of	ADP
fbem-21453	1	26	harvard	harvard	PROPN
fbem-21453	1	27	analytical	analytical	ADJ
fbem-21453	1	28	framework	framework	NOUN
fbem-21453	1	29	to	to	PART
fbem-21453	1	30	o2o	o2o	NOUN
fbem-21453	1	31	platforms	platform	NOUN
fbem-21453	1	32	of	of	ADP
fbem-21453	1	33	generation	generation	NOUN
fbem-21453	1	34	z	z	NOUN
fbem-21453	1	35	:	:	PUNCT
fbem-21453	1	36	take	take	VERB
fbem-21453	1	37	meituan	meituan	NOUN
fbem-21453	1	38	as	as	ADP
fbem-21453	1	39	an	an	DET
fbem-21453	1	40	example	example	NOUN
fbem-21453	1	41	taoxu	taoxu	PROPN
fbem-21453	1	42	fu1	fu1	PROPN
fbem-21453	1	43	,	,	PUNCT
fbem-21453	1	44	*	*	PROPN
fbem-21453	1	45	1faculty	1faculty	NUM
fbem-21453	1	46	of	of	ADP
fbem-21453	1	47	economics	economic	NOUN
fbem-21453	1	48	and	and	CCONJ
fbem-21453	1	49	management	management	NOUN
fbem-21453	1	50	,	,	PUNCT
fbem-21453	1	51	universiti	universiti	PROPN
fbem-21453	1	52	kebangsaan	kebangsaan	PROPN
fbem-21453	1	53	malaysia	malaysia	PROPN
fbem-21453	1	54	,	,	PUNCT
fbem-21453	1	55	43600	43600	NUM
fbem-21453	1	56	,	,	PUNCT
fbem-21453	1	57	malaysia	malaysia	PROPN
fbem-21453	1	58	*	*	PUNCT
fbem-21453	1	59	corresponding	correspond	VERB
fbem-21453	1	60	author	author	NOUN
fbem-21453	1	61	:	:	PUNCT
fbem-21453	1	62	fu	fu	ADJ
fbem-21453	1	63	taoxu	taoxu	NOUN
fbem-21453	1	64	(	(	PUNCT
fbem-21453	1	65	email	email	NOUN
fbem-21453	1	66	:	:	PUNCT
fbem-21453	1	67	ftaoxu@gmail.com	ftaoxu@gmail.com	X
fbem-21453	1	68	)	)	PUNCT
fbem-21453	1	69	abstract	abstract	NOUN
fbem-21453	1	70	:	:	PUNCT
fbem-21453	1	71	the	the	DET
fbem-21453	1	72	development	development	NOUN
fbem-21453	1	73	of	of	ADP
fbem-21453	1	74	o2o	o2o	NOUN
fbem-21453	1	75	platforms	platform	NOUN
fbem-21453	1	76	has	have	AUX
fbem-21453	1	77	led	lead	VERB
fbem-21453	1	78	to	to	ADP
fbem-21453	1	79	changes	change	NOUN
fbem-21453	1	80	in	in	ADP
fbem-21453	1	81	people	people	NOUN
fbem-21453	1	82	's	's	PART
fbem-21453	1	83	lifestyles	lifestyle	NOUN
fbem-21453	1	84	,	,	PUNCT
fbem-21453	1	85	in	in	ADP
fbem-21453	1	86	which	which	DET
fbem-21453	1	87	generation	generation	NOUN
fbem-21453	1	88	z	z	NOUN
fbem-21453	1	89	is	be	AUX
fbem-21453	1	90	gradually	gradually	ADV
fbem-21453	1	91	becoming	become	VERB
fbem-21453	1	92	the	the	DET
fbem-21453	1	93	main	main	ADJ
fbem-21453	1	94	consumer	consumer	NOUN
fbem-21453	1	95	in	in	ADP
fbem-21453	1	96	the	the	DET
fbem-21453	1	97	market	market	NOUN
fbem-21453	1	98	,	,	PUNCT
fbem-21453	1	99	which	which	PRON
fbem-21453	1	100	has	have	VERB
fbem-21453	1	101	a	a	DET
fbem-21453	1	102	profound	profound	ADJ
fbem-21453	1	103	impact	impact	NOUN
fbem-21453	1	104	on	on	ADP
fbem-21453	1	105	o2o	o2o	NOUN
fbem-21453	1	106	platforms	platform	NOUN
fbem-21453	1	107	.	.	PUNCT
fbem-21453	2	1	given	give	VERB
fbem-21453	2	2	the	the	DET
fbem-21453	2	3	advantages	advantage	NOUN
fbem-21453	2	4	of	of	ADP
fbem-21453	2	5	the	the	DET
fbem-21453	2	6	harvard	harvard	PROPN
fbem-21453	2	7	analytical	analytical	ADJ
fbem-21453	2	8	framework	framework	NOUN
fbem-21453	2	9	,	,	PUNCT
fbem-21453	2	10	this	this	DET
fbem-21453	2	11	paper	paper	NOUN
fbem-21453	2	12	aims	aim	VERB
fbem-21453	2	13	to	to	PART
fbem-21453	2	14	explore	explore	VERB
fbem-21453	2	15	the	the	DET
fbem-21453	2	16	application	application	NOUN
fbem-21453	2	17	of	of	ADP
fbem-21453	2	18	the	the	DET
fbem-21453	2	19	harvard	harvard	PROPN
fbem-21453	2	20	analytical	analytical	ADJ
fbem-21453	2	21	framework	framework	NOUN
fbem-21453	2	22	in	in	ADP
fbem-21453	2	23	the	the	DET
fbem-21453	2	24	o2o	o2o	NOUN
fbem-21453	2	25	platform	platform	NOUN
fbem-21453	2	26	of	of	ADP
fbem-21453	2	27	generation	generation	NOUN
fbem-21453	2	28	z	z	PROPN
fbem-21453	2	29	,	,	PUNCT
fbem-21453	2	30	taking	take	VERB
fbem-21453	2	31	meituan	meituan	PROPN
fbem-21453	2	32	,	,	PUNCT
fbem-21453	2	33	a	a	DET
fbem-21453	2	34	leading	lead	VERB
fbem-21453	2	35	o2o	o2o	NOUN
fbem-21453	2	36	company	company	NOUN
fbem-21453	2	37	in	in	ADP
fbem-21453	2	38	china	china	PROPN
fbem-21453	2	39	,	,	PUNCT
fbem-21453	2	40	as	as	ADP
fbem-21453	2	41	an	an	DET
fbem-21453	2	42	example	example	NOUN
fbem-21453	2	43	.	.	PUNCT
fbem-21453	3	1	using	use	VERB
fbem-21453	3	2	the	the	DET
fbem-21453	3	3	harvard	harvard	PROPN
fbem-21453	3	4	analytical	analytical	ADJ
fbem-21453	3	5	framework	framework	NOUN
fbem-21453	3	6	,	,	PUNCT
fbem-21453	3	7	this	this	DET
fbem-21453	3	8	paper	paper	NOUN
fbem-21453	3	9	analyzes	analyze	VERB
fbem-21453	3	10	meituan	meituan	PROPN
fbem-21453	3	11	's	's	PART
fbem-21453	3	12	financial	financial	ADJ
fbem-21453	3	13	data	datum	NOUN
fbem-21453	3	14	from	from	ADP
fbem-21453	3	15	four	four	NUM
fbem-21453	3	16	aspects	aspect	NOUN
fbem-21453	3	17	:	:	PUNCT
fbem-21453	3	18	strategy	strategy	NOUN
fbem-21453	3	19	,	,	PUNCT
fbem-21453	3	20	accounting	accounting	NOUN
fbem-21453	3	21	,	,	PUNCT
fbem-21453	3	22	finance	finance	NOUN
fbem-21453	3	23	,	,	PUNCT
fbem-21453	3	24	and	and	CCONJ
fbem-21453	3	25	prospect	prospect	NOUN
fbem-21453	3	26	,	,	PUNCT
fbem-21453	3	27	identifies	identify	VERB
fbem-21453	3	28	problems	problem	NOUN
fbem-21453	3	29	,	,	PUNCT
fbem-21453	3	30	and	and	CCONJ
fbem-21453	3	31	gives	give	VERB
fbem-21453	3	32	corresponding	correspond	VERB
fbem-21453	3	33	optimization	optimization	NOUN
fbem-21453	3	34	suggestions	suggestion	NOUN
fbem-21453	3	35	.	.	PUNCT
fbem-21453	4	1	the	the	DET
fbem-21453	4	2	analysis	analysis	NOUN
fbem-21453	4	3	finds	find	VERB
fbem-21453	4	4	that	that	SCONJ
fbem-21453	4	5	meituan	meituan	PROPN
fbem-21453	4	6	has	have	VERB
fbem-21453	4	7	problems	problem	NOUN
fbem-21453	4	8	such	such	ADJ
fbem-21453	4	9	as	as	ADP
fbem-21453	4	10	business	business	NOUN
fbem-21453	4	11	homogenization	homogenization	NOUN
fbem-21453	4	12	,	,	PUNCT
fbem-21453	4	13	limited	limited	ADJ
fbem-21453	4	14	profitability	profitability	NOUN
fbem-21453	4	15	of	of	ADP
fbem-21453	4	16	the	the	DET
fbem-21453	4	17	existing	exist	VERB
fbem-21453	4	18	business	business	NOUN
fbem-21453	4	19	,	,	PUNCT
fbem-21453	4	20	negative	negative	ADJ
fbem-21453	4	21	net	net	ADJ
fbem-21453	4	22	profit	profit	NOUN
fbem-21453	4	23	,	,	PUNCT
fbem-21453	4	24	declining	decline	VERB
fbem-21453	4	25	inventory	inventory	NOUN
fbem-21453	4	26	turnover	turnover	NOUN
fbem-21453	4	27	,	,	PUNCT
fbem-21453	4	28	increasing	increase	VERB
fbem-21453	4	29	competitors	competitor	NOUN
fbem-21453	4	30	,	,	PUNCT
fbem-21453	4	31	and	and	CCONJ
fbem-21453	4	32	changing	change	VERB
fbem-21453	4	33	consumer	consumer	NOUN
fbem-21453	4	34	demand	demand	NOUN
fbem-21453	4	35	.	.	PUNCT
fbem-21453	5	1	in	in	ADP
fbem-21453	5	2	this	this	DET
fbem-21453	5	3	regard	regard	NOUN
fbem-21453	5	4	,	,	PUNCT
fbem-21453	5	5	recommendations	recommendation	NOUN
fbem-21453	5	6	were	be	AUX
fbem-21453	5	7	made	make	VERB
fbem-21453	5	8	to	to	PART
fbem-21453	5	9	launch	launch	VERB
fbem-21453	5	10	new	new	ADJ
fbem-21453	5	11	products	product	NOUN
fbem-21453	5	12	and	and	CCONJ
fbem-21453	5	13	services	service	NOUN
fbem-21453	5	14	,	,	PUNCT
fbem-21453	5	15	explore	explore	VERB
fbem-21453	5	16	new	new	ADJ
fbem-21453	5	17	business	business	NOUN
fbem-21453	5	18	areas	area	NOUN
fbem-21453	5	19	,	,	PUNCT
fbem-21453	5	20	optimize	optimize	VERB
fbem-21453	5	21	marketing	marketing	NOUN
fbem-21453	5	22	and	and	CCONJ
fbem-21453	5	23	r&d	r&d	NOUN
fbem-21453	5	24	expenditures	expenditure	NOUN
fbem-21453	5	25	,	,	PUNCT
fbem-21453	5	26	optimize	optimize	VERB
fbem-21453	5	27	inventory	inventory	NOUN
fbem-21453	5	28	management	management	NOUN
fbem-21453	5	29	,	,	PUNCT
fbem-21453	5	30	and	and	CCONJ
fbem-21453	5	31	gain	gain	VERB
fbem-21453	5	32	a	a	DET
fbem-21453	5	33	deeper	deep	ADJ
fbem-21453	5	34	understanding	understanding	NOUN
fbem-21453	5	35	of	of	ADP
fbem-21453	5	36	the	the	DET
fbem-21453	5	37	needs	need	NOUN
fbem-21453	5	38	of	of	ADP
fbem-21453	5	39	generation	generation	NOUN
fbem-21453	5	40	z	z	NOUN
fbem-21453	5	41	consumers	consumer	NOUN
fbem-21453	5	42	.	.	PUNCT
fbem-21453	6	1	keywords	keyword	NOUN
fbem-21453	6	2	:	:	PUNCT
fbem-21453	6	3	harvard	harvard	PROPN
fbem-21453	6	4	analytical	analytical	ADJ
fbem-21453	6	5	framework	framework	NOUN
fbem-21453	6	6	,	,	PUNCT
fbem-21453	6	7	generation	generation	NOUN
fbem-21453	6	8	z	z	NOUN
fbem-21453	6	9	,	,	PUNCT
fbem-21453	6	10	o2o	o2o	NOUN
fbem-21453	6	11	platform	platform	NOUN
fbem-21453	6	12	,	,	PUNCT
fbem-21453	6	13	meituan	meituan	PROPN
fbem-21453	6	14	.	.	PROPN
fbem-21453	7	1	1	1	NUM
fbem-21453	7	2	.	.	X
fbem-21453	7	3	introduction	introduction	NOUN
fbem-21453	7	4	as	as	ADP
fbem-21453	7	5	digital	digital	ADJ
fbem-21453	7	6	technology	technology	NOUN
fbem-21453	7	7	continues	continue	VERB
fbem-21453	7	8	to	to	PART
fbem-21453	7	9	develop	develop	VERB
fbem-21453	7	10	[	[	PUNCT
fbem-21453	7	11	1	1	NUM
fbem-21453	7	12	-	-	SYM
fbem-21453	7	13	2	2	NUM
fbem-21453	7	14	]	]	PUNCT
fbem-21453	7	15	and	and	CCONJ
fbem-21453	7	16	global	global	ADJ
fbem-21453	7	17	consumption	consumption	NOUN
fbem-21453	7	18	patterns	pattern	NOUN
fbem-21453	7	19	shift	shift	NOUN
fbem-21453	7	20	,	,	PUNCT
fbem-21453	7	21	online	online	ADV
fbem-21453	7	22	to	to	PART
fbem-21453	7	23	offline	offline	VERB
fbem-21453	7	24	(	(	PUNCT
fbem-21453	7	25	o2o	o2o	NOUN
fbem-21453	7	26	hereafter	hereafter	ADV
fbem-21453	7	27	)	)	PUNCT
fbem-21453	7	28	platforms	platform	NOUN
fbem-21453	7	29	are	be	AUX
fbem-21453	7	30	playing	play	VERB
fbem-21453	7	31	an	an	DET
fbem-21453	7	32	increasingly	increasingly	ADV
fbem-21453	7	33	important	important	ADJ
fbem-21453	7	34	role	role	NOUN
fbem-21453	7	35	in	in	ADP
fbem-21453	7	36	the	the	DET
fbem-21453	7	37	business	business	NOUN
fbem-21453	7	38	world	world	NOUN
fbem-21453	7	39	,	,	PUNCT
fbem-21453	7	40	and	and	CCONJ
fbem-21453	7	41	the	the	DET
fbem-21453	7	42	growth	growth	NOUN
fbem-21453	7	43	of	of	ADP
fbem-21453	7	44	generation	generation	NOUN
fbem-21453	7	45	z	z	PROPN
fbem-21453	7	46	has	have	AUX
fbem-21453	7	47	made	make	VERB
fbem-21453	7	48	it	it	PRON
fbem-21453	7	49	possible	possible	ADJ
fbem-21453	7	50	for	for	SCONJ
fbem-21453	7	51	them	they	PRON
fbem-21453	7	52	to	to	PART
fbem-21453	7	53	become	become	VERB
fbem-21453	7	54	the	the	DET
fbem-21453	7	55	main	main	ADJ
fbem-21453	7	56	consumer	consumer	NOUN
fbem-21453	7	57	force	force	NOUN
fbem-21453	7	58	and	and	CCONJ
fbem-21453	7	59	have	have	VERB
fbem-21453	7	60	an	an	DET
fbem-21453	7	61	increasingly	increasingly	ADV
fbem-21453	7	62	significant	significant	ADJ
fbem-21453	7	63	impact	impact	NOUN
fbem-21453	7	64	on	on	ADP
fbem-21453	7	65	o2o	o2o	NOUN
fbem-21453	7	66	platforms	platform	NOUN
fbem-21453	7	67	.	.	PUNCT
fbem-21453	8	1	generation	generation	NOUN
fbem-21453	8	2	z	z	NOUN
fbem-21453	8	3	,	,	PUNCT
fbem-21453	8	4	typically	typically	ADV
fbem-21453	8	5	defined	define	VERB
fbem-21453	8	6	as	as	ADP
fbem-21453	8	7	the	the	DET
fbem-21453	8	8	population	population	NOUN
fbem-21453	8	9	born	bear	VERB
fbem-21453	8	10	between	between	ADP
fbem-21453	8	11	1996	1996	NUM
fbem-21453	8	12	and	and	CCONJ
fbem-21453	8	13	2010	2010	NUM
fbem-21453	8	14	,	,	PUNCT
fbem-21453	8	15	accounts	account	VERB
fbem-21453	8	16	for	for	ADP
fbem-21453	8	17	nearly	nearly	ADV
fbem-21453	8	18	one	one	NUM
fbem-21453	8	19	-	-	PUNCT
fbem-21453	8	20	fifth	fifth	NOUN
fbem-21453	8	21	of	of	ADP
fbem-21453	8	22	the	the	DET
fbem-21453	8	23	total	total	ADJ
fbem-21453	8	24	population	population	NOUN
fbem-21453	8	25	in	in	ADP
fbem-21453	8	26	china	china	PROPN
fbem-21453	8	27	and	and	CCONJ
fbem-21453	8	28	is	be	AUX
fbem-21453	8	29	one	one	NUM
fbem-21453	8	30	of	of	ADP
fbem-21453	8	31	the	the	DET
fbem-21453	8	32	main	main	ADJ
fbem-21453	8	33	consumer	consumer	NOUN
fbem-21453	8	34	groups	group	NOUN
fbem-21453	8	35	in	in	ADP
fbem-21453	8	36	china	china	PROPN
fbem-21453	8	37	in	in	ADP
fbem-21453	8	38	the	the	DET
fbem-21453	8	39	next	next	ADJ
fbem-21453	8	40	decade	decade	NOUN
fbem-21453	8	41	[	[	X
fbem-21453	8	42	3	3	NUM
fbem-21453	8	43	]	]	PUNCT
fbem-21453	8	44	.	.	PUNCT
fbem-21453	9	1	china	china	PROPN
fbem-21453	9	2	,	,	PUNCT
fbem-21453	9	3	as	as	ADP
fbem-21453	9	4	one	one	NUM
fbem-21453	9	5	of	of	ADP
fbem-21453	9	6	the	the	DET
fbem-21453	9	7	world	world	NOUN
fbem-21453	9	8	's	's	PART
fbem-21453	9	9	largest	large	ADJ
fbem-21453	9	10	internet	internet	NOUN
fbem-21453	9	11	markets	market	NOUN
fbem-21453	9	12	,	,	PUNCT
fbem-21453	9	13	the	the	DET
fbem-21453	9	14	o2o	o2o	NOUN
fbem-21453	9	15	model	model	NOUN
fbem-21453	9	16	has	have	AUX
fbem-21453	9	17	penetrated	penetrate	VERB
fbem-21453	9	18	various	various	ADJ
fbem-21453	9	19	fields	field	NOUN
fbem-21453	9	20	,	,	PUNCT
fbem-21453	9	21	including	include	VERB
fbem-21453	9	22	the	the	DET
fbem-21453	9	23	fresh	fresh	ADJ
fbem-21453	9	24	food	food	NOUN
fbem-21453	9	25	field	field	NOUN
fbem-21453	9	26	[	[	X
fbem-21453	9	27	4	4	NUM
fbem-21453	9	28	]	]	PUNCT
fbem-21453	9	29	,	,	PUNCT
fbem-21453	9	30	the	the	DET
fbem-21453	9	31	hotel	hotel	NOUN
fbem-21453	9	32	field	field	NOUN
fbem-21453	10	1	[	[	X
fbem-21453	10	2	5	5	NUM
fbem-21453	10	3	]	]	PUNCT
fbem-21453	10	4	,	,	PUNCT
fbem-21453	10	5	the	the	DET
fbem-21453	10	6	travel	travel	NOUN
fbem-21453	10	7	field	field	NOUN
fbem-21453	11	1	[	[	X
fbem-21453	11	2	6	6	NUM
fbem-21453	11	3	]	]	PUNCT
fbem-21453	11	4	,	,	PUNCT
fbem-21453	11	5	the	the	DET
fbem-21453	11	6	catering	catering	NOUN
fbem-21453	11	7	takeaway	takeaway	NOUN
fbem-21453	11	8	field	field	NOUN
fbem-21453	12	1	[	[	X
fbem-21453	12	2	7	7	X
fbem-21453	12	3	]	]	PUNCT
fbem-21453	12	4	and	and	CCONJ
fbem-21453	12	5	so	so	ADV
fbem-21453	12	6	on	on	ADV
fbem-21453	12	7	.	.	PUNCT
fbem-21453	13	1	meituan	meituan	PROPN
fbem-21453	13	2	is	be	AUX
fbem-21453	13	3	a	a	DET
fbem-21453	13	4	leading	lead	VERB
fbem-21453	13	5	enterprise	enterprise	NOUN
fbem-21453	13	6	in	in	ADP
fbem-21453	13	7	china	china	PROPN
fbem-21453	13	8	's	's	PART
fbem-21453	13	9	o2o	o2o	NOUN
fbem-21453	13	10	industry	industry	NOUN
fbem-21453	13	11	,	,	PUNCT
fbem-21453	13	12	and	and	CCONJ
fbem-21453	13	13	in	in	ADP
fbem-21453	13	14	the	the	DET
fbem-21453	13	15	context	context	NOUN
fbem-21453	13	16	of	of	ADP
fbem-21453	13	17	generation	generation	NOUN
fbem-21453	13	18	z	z	PROPN
fbem-21453	13	19	,	,	PUNCT
fbem-21453	13	20	its	its	PRON
fbem-21453	13	21	development	development	NOUN
fbem-21453	13	22	status	status	NOUN
fbem-21453	13	23	and	and	CCONJ
fbem-21453	13	24	strategic	strategic	ADJ
fbem-21453	13	25	layout	layout	NOUN
fbem-21453	13	26	have	have	VERB
fbem-21453	13	27	important	important	ADJ
fbem-21453	13	28	reference	reference	NOUN
fbem-21453	13	29	value	value	NOUN
fbem-21453	13	30	for	for	ADP
fbem-21453	13	31	the	the	DET
fbem-21453	13	32	development	development	NOUN
fbem-21453	13	33	trend	trend	NOUN
fbem-21453	13	34	of	of	ADP
fbem-21453	13	35	the	the	DET
fbem-21453	13	36	whole	whole	ADJ
fbem-21453	13	37	industry	industry	NOUN
fbem-21453	13	38	.	.	PUNCT
fbem-21453	14	1	therefore	therefore	ADV
fbem-21453	14	2	,	,	PUNCT
fbem-21453	14	3	this	this	DET
fbem-21453	14	4	research	research	NOUN
fbem-21453	14	5	selects	select	VERB
fbem-21453	14	6	meituan	meituan	NOUN
fbem-21453	14	7	as	as	ADP
fbem-21453	14	8	the	the	DET
fbem-21453	14	9	research	research	NOUN
fbem-21453	14	10	object	object	NOUN
fbem-21453	14	11	and	and	CCONJ
fbem-21453	14	12	adopts	adopt	VERB
fbem-21453	14	13	the	the	DET
fbem-21453	14	14	analysis	analysis	NOUN
fbem-21453	14	15	method	method	NOUN
fbem-21453	14	16	of	of	ADP
fbem-21453	14	17	harvard	harvard	PROPN
fbem-21453	14	18	analytical	analytical	ADJ
fbem-21453	14	19	framework	framework	NOUN
fbem-21453	14	20	[	[	X
fbem-21453	14	21	8	8	NUM
fbem-21453	14	22	]	]	PUNCT
fbem-21453	14	23	to	to	PART
fbem-21453	14	24	explore	explore	VERB
fbem-21453	14	25	and	and	CCONJ
fbem-21453	14	26	analyze	analyze	VERB
fbem-21453	14	27	the	the	DET
fbem-21453	14	28	development	development	NOUN
fbem-21453	14	29	status	status	NOUN
fbem-21453	14	30	of	of	ADP
fbem-21453	14	31	meituan	meituan	NOUN
fbem-21453	14	32	in	in	ADP
fbem-21453	14	33	generation	generation	NOUN
fbem-21453	14	34	z	z	PROPN
fbem-21453	14	35	,	,	PUNCT
fbem-21453	14	36	hoping	hope	VERB
fbem-21453	14	37	to	to	PART
fbem-21453	14	38	provide	provide	VERB
fbem-21453	14	39	strategic	strategic	ADJ
fbem-21453	14	40	references	reference	NOUN
fbem-21453	14	41	for	for	ADP
fbem-21453	14	42	the	the	DET
fbem-21453	14	43	sustainable	sustainable	ADJ
fbem-21453	14	44	development	development	NOUN
fbem-21453	14	45	of	of	ADP
fbem-21453	14	46	meituan	meituan	NOUN
fbem-21453	14	47	or	or	CCONJ
fbem-21453	14	48	other	other	ADJ
fbem-21453	14	49	o2o	o2o	NOUN
fbem-21453	14	50	enterprises	enterprise	NOUN
fbem-21453	14	51	.	.	PUNCT
fbem-21453	15	1	2	2	X
fbem-21453	15	2	.	.	X
fbem-21453	15	3	harvard	harvard	PROPN
fbem-21453	15	4	analytical	analytical	ADJ
fbem-21453	15	5	framework	framework	NOUN
fbem-21453	15	6	the	the	DET
fbem-21453	15	7	harvard	harvard	PROPN
fbem-21453	15	8	analytical	analytical	ADJ
fbem-21453	15	9	framework	framework	NOUN
fbem-21453	15	10	,	,	PUNCT
fbem-21453	15	11	proposed	propose	VERB
fbem-21453	15	12	by	by	ADP
fbem-21453	15	13	three	three	NUM
fbem-21453	15	14	scholars	scholar	NOUN
fbem-21453	15	15	from	from	ADP
fbem-21453	15	16	harvard	harvard	PROPN
fbem-21453	15	17	university	university	PROPN
fbem-21453	15	18	,	,	PUNCT
fbem-21453	15	19	k.g	k.g	PROPN
fbem-21453	15	20	.	.	PROPN
fbem-21453	15	21	palepu	palepu	PROPN
fbem-21453	15	22	,	,	PUNCT
fbem-21453	15	23	p.m.	p.m.	PROPN
fbem-21453	15	24	healy	healy	PROPN
fbem-21453	15	25	and	and	CCONJ
fbem-21453	15	26	v.l	v.l	PROPN
fbem-21453	15	27	.	.	PROPN
fbem-21453	15	28	bernard	bernard	PROPN
fbem-21453	15	29	,	,	PUNCT
fbem-21453	15	30	is	be	AUX
fbem-21453	15	31	a	a	DET
fbem-21453	15	32	comprehensive	comprehensive	ADJ
fbem-21453	15	33	financial	financial	ADJ
fbem-21453	15	34	analysis	analysis	NOUN
fbem-21453	15	35	method	method	NOUN
fbem-21453	15	36	based	base	VERB
fbem-21453	15	37	on	on	ADP
fbem-21453	15	38	a	a	DET
fbem-21453	15	39	strategic	strategic	ADJ
fbem-21453	15	40	perspective	perspective	NOUN
fbem-21453	15	41	to	to	PART
fbem-21453	15	42	analyze	analyze	VERB
fbem-21453	15	43	various	various	ADJ
fbem-21453	15	44	financial	financial	ADJ
fbem-21453	15	45	data	datum	NOUN
fbem-21453	15	46	of	of	ADP
fbem-21453	15	47	enterprises	enterprise	NOUN
fbem-21453	15	48	[	[	X
fbem-21453	15	49	9	9	NUM
fbem-21453	15	50	]	]	PUNCT
fbem-21453	15	51	.	.	PUNCT
fbem-21453	16	1	it	it	PRON
fbem-21453	16	2	mainly	mainly	ADV
fbem-21453	16	3	includes	include	VERB
fbem-21453	16	4	four	four	NUM
fbem-21453	16	5	aspects	aspect	NOUN
fbem-21453	16	6	:	:	PUNCT
fbem-21453	16	7	strategic	strategic	ADJ
fbem-21453	16	8	analysis	analysis	NOUN
fbem-21453	16	9	,	,	PUNCT
fbem-21453	16	10	accounting	accounting	NOUN
fbem-21453	16	11	analysis	analysis	NOUN
fbem-21453	16	12	,	,	PUNCT
fbem-21453	16	13	financial	financial	ADJ
fbem-21453	16	14	analysis	analysis	NOUN
fbem-21453	16	15	,	,	PUNCT
fbem-21453	16	16	and	and	CCONJ
fbem-21453	16	17	prospect	prospect	VERB
fbem-21453	16	18	analysis	analysis	NOUN
fbem-21453	16	19	.	.	PUNCT
fbem-21453	17	1	firstly	firstly	ADV
fbem-21453	17	2	,	,	PUNCT
fbem-21453	17	3	strategic	strategic	ADJ
fbem-21453	17	4	analysis	analysis	NOUN
fbem-21453	17	5	analyzes	analyze	VERB
fbem-21453	17	6	the	the	DET
fbem-21453	17	7	current	current	ADJ
fbem-21453	17	8	development	development	NOUN
fbem-21453	17	9	strategy	strategy	NOUN
fbem-21453	17	10	by	by	ADP
fbem-21453	17	11	combining	combine	VERB
fbem-21453	17	12	the	the	DET
fbem-21453	17	13	company	company	NOUN
fbem-21453	17	14	's	's	PART
fbem-21453	17	15	internal	internal	ADJ
fbem-21453	17	16	and	and	CCONJ
fbem-21453	17	17	external	external	ADJ
fbem-21453	17	18	environment	environment	NOUN
fbem-21453	17	19	[	[	X
fbem-21453	17	20	10	10	NUM
fbem-21453	17	21	]	]	PUNCT
fbem-21453	17	22	;	;	PUNCT
fbem-21453	17	23	accounting	account	VERB
fbem-21453	17	24	analysis	analysis	NOUN
fbem-21453	17	25	analyzes	analyze	VERB
fbem-21453	17	26	the	the	DET
fbem-21453	17	27	company	company	NOUN
fbem-21453	17	28	's	's	PART
fbem-21453	17	29	key	key	ADJ
fbem-21453	17	30	accounting	accounting	NOUN
fbem-21453	17	31	policies	policy	NOUN
fbem-21453	17	32	and	and	CCONJ
fbem-21453	17	33	accounting	accounting	NOUN
fbem-21453	17	34	indicators	indicator	NOUN
fbem-21453	17	35	by	by	ADP
fbem-21453	17	36	identifying	identify	VERB
fbem-21453	17	37	and	and	CCONJ
fbem-21453	17	38	evaluating	evaluate	VERB
fbem-21453	17	39	key	key	ADJ
fbem-21453	17	40	items	item	NOUN
fbem-21453	17	41	[	[	X
fbem-21453	17	42	11	11	NUM
fbem-21453	17	43	]	]	X
fbem-21453	17	44	;	;	PUNCT
fbem-21453	17	45	financial	financial	ADJ
fbem-21453	17	46	analysis	analysis	NOUN
fbem-21453	17	47	analyzes	analyze	VERB
fbem-21453	17	48	the	the	DET
fbem-21453	17	49	company	company	NOUN
fbem-21453	17	50	's	's	PART
fbem-21453	17	51	financial	financial	ADJ
fbem-21453	17	52	status	status	NOUN
fbem-21453	17	53	based	base	VERB
fbem-21453	17	54	on	on	ADP
fbem-21453	17	55	the	the	DET
fbem-21453	17	56	previous	previous	ADJ
fbem-21453	17	57	two	two	NUM
fbem-21453	17	58	analyses	analysis	NOUN
fbem-21453	17	59	to	to	PART
fbem-21453	17	60	analyze	analyze	VERB
fbem-21453	17	61	the	the	DET
fbem-21453	17	62	company	company	NOUN
fbem-21453	17	63	's	's	PART
fbem-21453	17	64	operating	operating	NOUN
fbem-21453	17	65	status	status	NOUN
fbem-21453	17	66	by	by	ADP
fbem-21453	17	67	conducting	conduct	VERB
fbem-21453	17	68	trend	trend	NOUN
fbem-21453	17	69	analysis	analysis	NOUN
fbem-21453	17	70	and	and	CCONJ
fbem-21453	17	71	comparative	comparative	ADJ
fbem-21453	17	72	analysis	analysis	NOUN
fbem-21453	17	73	[	[	X
fbem-21453	17	74	12	12	NUM
fbem-21453	17	75	]	]	X
fbem-21453	17	76	;	;	PUNCT
fbem-21453	17	77	and	and	CCONJ
fbem-21453	17	78	lastly	lastly	ADV
fbem-21453	17	79	,	,	PUNCT
fbem-21453	17	80	prospect	prospect	VERB
fbem-21453	17	81	analysis	analysis	NOUN
fbem-21453	17	82	analyzes	analyze	VERB
fbem-21453	17	83	the	the	DET
fbem-21453	17	84	company	company	NOUN
fbem-21453	17	85	's	's	PART
fbem-21453	17	86	future	future	NOUN
fbem-21453	17	87	through	through	ADP
fbem-21453	17	88	the	the	DET
fbem-21453	17	89	analysis	analysis	NOUN
fbem-21453	17	90	of	of	ADP
fbem-21453	17	91	the	the	DET
fbem-21453	17	92	above	above	ADJ
fbem-21453	17	93	three	three	NUM
fbem-21453	17	94	dimensions	dimension	NOUN
fbem-21453	17	95	development	development	NOUN
fbem-21453	17	96	trend	trend	NOUN
fbem-21453	17	97	is	be	AUX
fbem-21453	17	98	judged	judge	VERB
fbem-21453	17	99	[	[	PUNCT
fbem-21453	17	100	13	13	NUM
fbem-21453	17	101	]	]	PUNCT
fbem-21453	17	102	.	.	PUNCT
fbem-21453	18	1	the	the	DET
fbem-21453	18	2	four	four	NUM
fbem-21453	18	3	interrelated	interrelated	ADJ
fbem-21453	18	4	aspects	aspect	NOUN
fbem-21453	18	5	of	of	ADP
fbem-21453	18	6	the	the	DET
fbem-21453	18	7	harvard	harvard	PROPN
fbem-21453	18	8	analytical	analytical	ADJ
fbem-21453	18	9	framework	framework	NOUN
fbem-21453	18	10	provide	provide	VERB
fbem-21453	18	11	a	a	DET
fbem-21453	18	12	systematic	systematic	ADJ
fbem-21453	18	13	analytical	analytical	ADJ
fbem-21453	18	14	and	and	CCONJ
fbem-21453	18	15	decisionmaking	decisionmake	VERB
fbem-21453	18	16	framework	framework	NOUN
fbem-21453	18	17	that	that	PRON
fbem-21453	18	18	combines	combine	VERB
fbem-21453	18	19	strategy	strategy	NOUN
fbem-21453	18	20	,	,	PUNCT
fbem-21453	18	21	prospect	prospect	NOUN
fbem-21453	18	22	,	,	PUNCT
fbem-21453	18	23	and	and	CCONJ
fbem-21453	18	24	other	other	ADJ
fbem-21453	18	25	factors	factor	NOUN
fbem-21453	18	26	to	to	PART
fbem-21453	18	27	deeply	deeply	ADV
fbem-21453	18	28	analyze	analyze	VERB
fbem-21453	18	29	corporate	corporate	ADJ
fbem-21453	18	30	financial	financial	ADJ
fbem-21453	18	31	information	information	NOUN
fbem-21453	18	32	[	[	X
fbem-21453	18	33	14	14	NUM
fbem-21453	18	34	]	]	SYM
fbem-21453	18	35	.	.	PUNCT
fbem-21453	19	1	3	3	X
fbem-21453	19	2	.	.	X
fbem-21453	19	3	the	the	DET
fbem-21453	19	4	case	case	NOUN
fbem-21453	19	5	study	study	NOUN
fbem-21453	19	6	of	of	ADP
fbem-21453	19	7	meituan	meituan	NOUN
fbem-21453	19	8	based	base	VERB
fbem-21453	19	9	on	on	ADP
fbem-21453	19	10	harvard	harvard	PROPN
fbem-21453	19	11	analytical	analytical	ADJ
fbem-21453	19	12	framework	framework	NOUN
fbem-21453	19	13	3.1	3.1	NUM
fbem-21453	19	14	.	.	PUNCT
fbem-21453	20	1	introduction	introduction	NOUN
fbem-21453	20	2	of	of	ADP
fbem-21453	20	3	meituan	meituan	PROPN
fbem-21453	20	4	meituan	meituan	PROPN
fbem-21453	20	5	is	be	AUX
fbem-21453	20	6	a	a	DET
fbem-21453	20	7	technology	technology	NOUN
fbem-21453	20	8	retail	retail	ADJ
fbem-21453	20	9	company	company	NOUN
fbem-21453	20	10	,	,	PUNCT
fbem-21453	20	11	founded	found	VERB
fbem-21453	20	12	in	in	ADP
fbem-21453	20	13	2010	2010	NUM
fbem-21453	20	14	,	,	PUNCT
fbem-21453	20	15	and	and	CCONJ
fbem-21453	20	16	has	have	VERB
fbem-21453	20	17	more	more	ADJ
fbem-21453	20	18	than	than	ADP
fbem-21453	20	19	10	10	NUM
fbem-21453	20	20	years	year	NOUN
fbem-21453	20	21	of	of	ADP
fbem-21453	20	22	development	development	NOUN
fbem-21453	20	23	history	history	NOUN
fbem-21453	20	24	.	.	PUNCT
fbem-21453	21	1	in	in	ADP
fbem-21453	21	2	2021	2021	NUM
fbem-21453	21	3	,	,	PUNCT
fbem-21453	21	4	the	the	DET
fbem-21453	21	5	company	company	NOUN
fbem-21453	21	6	's	's	PART
fbem-21453	21	7	strategy	strategy	NOUN
fbem-21453	21	8	was	be	AUX
fbem-21453	21	9	upgraded	upgrade	VERB
fbem-21453	21	10	from	from	ADP
fbem-21453	21	11	"	"	PUNCT
fbem-21453	21	12	food	food	NOUN
fbem-21453	21	13	+	+	CCONJ
fbem-21453	21	14	platform	platform	NOUN
fbem-21453	21	15	"	"	PUNCT
fbem-21453	21	16	to	to	ADP
fbem-21453	21	17	"	"	PUNCT
fbem-21453	21	18	retail	retail	ADJ
fbem-21453	21	19	+	+	CCONJ
fbem-21453	21	20	technology	technology	NOUN
fbem-21453	21	21	"	"	PUNCT
fbem-21453	21	22	（	（	PROPN
fbem-21453	21	23	https://www.meituan.com/	https://www.meituan.com/	X
fbem-21453	21	24	）	）	PUNCT
fbem-21453	21	25	,	,	PUNCT
fbem-21453	21	26	with	with	ADP
fbem-21453	21	27	a	a	DET
fbem-21453	21	28	new	new	ADJ
fbem-21453	21	29	strategy	strategy	NOUN
fbem-21453	21	30	to	to	PART
fbem-21453	21	31	fulfill	fulfill	VERB
fbem-21453	21	32	the	the	DET
fbem-21453	21	33	company	company	NOUN
fbem-21453	21	34	's	's	PART
fbem-21453	21	35	mission	mission	NOUN
fbem-21453	21	36	of	of	ADP
fbem-21453	21	37	"	"	PUNCT
fbem-21453	21	38	helping	help	VERB
fbem-21453	21	39	people	people	NOUN
fbem-21453	21	40	eat	eat	VERB
fbem-21453	21	41	better	well	ADV
fbem-21453	21	42	and	and	CCONJ
fbem-21453	21	43	live	live	VERB
fbem-21453	21	44	better	well	ADV
fbem-21453	21	45	"	"	PUNCT
fbem-21453	21	46	.	.	PUNCT
fbem-21453	22	1	through	through	ADP
fbem-21453	22	2	development	development	NOUN
fbem-21453	22	3	,	,	PUNCT
fbem-21453	22	4	meituan	meituan	PROPN
fbem-21453	22	5	has	have	AUX
fbem-21453	22	6	gradually	gradually	ADV
fbem-21453	22	7	formed	form	VERB
fbem-21453	22	8	three	three	NUM
fbem-21453	22	9	major	major	ADJ
fbem-21453	22	10	businesses	business	NOUN
fbem-21453	22	11	centered	center	VERB
fbem-21453	22	12	on	on	ADP
fbem-21453	22	13	local	local	ADJ
fbem-21453	22	14	services	service	NOUN
fbem-21453	22	15	such	such	ADJ
fbem-21453	22	16	as	as	ADP
fbem-21453	22	17	takeaway	takeaway	NOUN
fbem-21453	22	18	,	,	PUNCT
fbem-21453	22	19	travel	travel	NOUN
fbem-21453	22	20	,	,	PUNCT
fbem-21453	22	21	and	and	CCONJ
fbem-21453	22	22	transportation	transportation	NOUN
fbem-21453	22	23	,	,	PUNCT
fbem-21453	22	24	and	and	CCONJ
fbem-21453	22	25	has	have	AUX
fbem-21453	22	26	gradually	gradually	ADV
fbem-21453	22	27	formed	form	VERB
fbem-21453	22	28	a	a	DET
fbem-21453	22	29	scale	scale	NOUN
fbem-21453	22	30	advantage	advantage	NOUN
fbem-21453	22	31	and	and	CCONJ
fbem-21453	22	32	become	become	VERB
fbem-21453	22	33	a	a	DET
fbem-21453	22	34	leading	lead	VERB
fbem-21453	22	35	enterprise	enterprise	NOUN
fbem-21453	22	36	in	in	ADP
fbem-21453	22	37	china	china	PROPN
fbem-21453	22	38	's	's	PART
fbem-21453	22	39	o2o	o2o	NOUN
fbem-21453	22	40	industry	industry	NOUN
fbem-21453	22	41	.	.	PUNCT
fbem-21453	23	1	307	307	NUM
fbem-21453	23	2	table	table	NOUN
fbem-21453	23	3	1	1	NUM
fbem-21453	23	4	.	.	PUNCT
fbem-21453	23	5	meituan	meituan	PROPN
fbem-21453	23	6	company	company	PROPN
fbem-21453	23	7	history	history	NOUN
fbem-21453	23	8	time	time	NOUN
fbem-21453	23	9	event	event	PROPN
fbem-21453	23	10	2011	2011	NUM
fbem-21453	23	11	meituan	meituan	PROPN
fbem-21453	23	12	app	app	PROPN
fbem-21453	23	13	released	release	VERB
fbem-21453	23	14	2013	2013	NUM
fbem-21453	23	15	meituan	meituan	NOUN
fbem-21453	23	16	launches	launch	VERB
fbem-21453	23	17	hotel	hotel	NOUN
fbem-21453	23	18	reservation	reservation	NOUN
fbem-21453	23	19	and	and	CCONJ
fbem-21453	23	20	dining	dining	NOUN
fbem-21453	23	21	delivery	delivery	NOUN
fbem-21453	23	22	service	service	NOUN
fbem-21453	23	23	2015	2015	NUM
fbem-21453	23	24	meituan	meituan	NOUN
fbem-21453	23	25	and	and	CCONJ
fbem-21453	23	26	dianping	dianping	NOUN
fbem-21453	23	27	announce	announce	VERB
fbem-21453	23	28	strategic	strategic	ADJ
fbem-21453	23	29	partnership	partnership	NOUN
fbem-21453	23	30	and	and	CCONJ
fbem-21453	23	31	form	form	VERB
fbem-21453	23	32	new	new	ADJ
fbem-21453	23	33	company	company	NOUN
fbem-21453	23	34	2018	2018	NUM
fbem-21453	23	35	meituan	meituan	NOUN
fbem-21453	23	36	listed	list	VERB
fbem-21453	23	37	on	on	ADP
fbem-21453	23	38	hong	hong	PROPN
fbem-21453	23	39	kong	kong	PROPN
fbem-21453	23	40	stock	stock	PROPN
fbem-21453	23	41	exchange	exchange	PROPN
fbem-21453	23	42	2023	2023	NUM
fbem-21453	23	43	meituan	meituan	PROPN
fbem-21453	23	44	announces	announce	VERB
fbem-21453	23	45	the	the	DET
fbem-21453	23	46	official	official	ADJ
fbem-21453	23	47	launch	launch	NOUN
fbem-21453	23	48	of	of	ADP
fbem-21453	23	49	its	its	PRON
fbem-21453	23	50	new	new	ADJ
fbem-21453	23	51	takeaway	takeaway	NOUN
fbem-21453	23	52	brand	brand	PROPN
fbem-21453	23	53	keeta	keeta	PROPN
fbem-21453	23	54	in	in	ADP
fbem-21453	23	55	hong	hong	PROPN
fbem-21453	23	56	kong	kong	PROPN
fbem-21453	23	57	3.2	3.2	NUM
fbem-21453	23	58	.	.	PUNCT
fbem-21453	24	1	introduction	introduction	NOUN
fbem-21453	24	2	of	of	ADP
fbem-21453	24	3	meituan	meituan	PROPN
fbem-21453	24	4	3.2.1	3.2.1	NUM
fbem-21453	24	5	.	.	PUNCT
fbem-21453	25	1	pest	pest	VERB
fbem-21453	25	2	analysis	analysis	NOUN
fbem-21453	25	3	1.political	1.political	NUM
fbem-21453	25	4	environment	environment	NOUN
fbem-21453	25	5	in	in	ADP
fbem-21453	25	6	2018	2018	NUM
fbem-21453	25	7	,	,	PUNCT
fbem-21453	25	8	china	china	PROPN
fbem-21453	25	9	introduced	introduce	VERB
fbem-21453	25	10	the	the	DET
fbem-21453	25	11	e	e	PROPN
fbem-21453	25	12	-	-	PROPN
fbem-21453	25	13	commerce	commerce	NOUN
fbem-21453	25	14	law	law	NOUN
fbem-21453	25	15	,	,	PUNCT
fbem-21453	25	16	which	which	PRON
fbem-21453	25	17	is	be	AUX
fbem-21453	25	18	the	the	DET
fbem-21453	25	19	basic	basic	ADJ
fbem-21453	25	20	law	law	NOUN
fbem-21453	25	21	for	for	ADP
fbem-21453	25	22	the	the	DET
fbem-21453	25	23	e	e	PROPN
fbem-21453	25	24	-	-	PROPN
fbem-21453	25	25	commerce	commerce	NOUN
fbem-21453	25	26	industry	industry	NOUN
fbem-21453	25	27	,	,	PUNCT
fbem-21453	25	28	and	and	CCONJ
fbem-21453	25	29	provides	provide	VERB
fbem-21453	25	30	detailed	detailed	ADJ
fbem-21453	25	31	provisions	provision	NOUN
fbem-21453	25	32	on	on	ADP
fbem-21453	25	33	e	e	NOUN
fbem-21453	25	34	-	-	NOUN
fbem-21453	25	35	commerce	commerce	NOUN
fbem-21453	25	36	dispute	dispute	NOUN
fbem-21453	25	37	resolution	resolution	NOUN
fbem-21453	25	38	,	,	PUNCT
fbem-21453	25	39	ecommerce	ecommerce	NOUN
fbem-21453	25	40	promotion	promotion	NOUN
fbem-21453	25	41	,	,	PUNCT
fbem-21453	25	42	and	and	CCONJ
fbem-21453	25	43	legal	legal	ADJ
fbem-21453	25	44	liability	liability	NOUN
fbem-21453	25	45	the	the	DET
fbem-21453	25	46	e	e	NOUN
fbem-21453	25	47	-	-	NOUN
fbem-21453	25	48	commerce	commerce	NOUN
fbem-21453	25	49	industry	industry	NOUN
fbem-21453	25	50	continues	continue	VERB
fbem-21453	25	51	to	to	PART
fbem-21453	25	52	innovate	innovate	VERB
fbem-21453	25	53	and	and	CCONJ
fbem-21453	25	54	progress	progress	VERB
fbem-21453	25	55	in	in	ADP
fbem-21453	25	56	the	the	DET
fbem-21453	25	57	process	process	NOUN
fbem-21453	25	58	of	of	ADP
fbem-21453	25	59	development	development	NOUN
fbem-21453	25	60	,	,	PUNCT
fbem-21453	25	61	and	and	CCONJ
fbem-21453	25	62	the	the	DET
fbem-21453	25	63	o2o	o2o	NOUN
fbem-21453	25	64	model	model	NOUN
fbem-21453	25	65	is	be	AUX
fbem-21453	25	66	one	one	NUM
fbem-21453	25	67	of	of	ADP
fbem-21453	25	68	the	the	DET
fbem-21453	25	69	e	e	PROPN
fbem-21453	25	70	-	-	NOUN
fbem-21453	25	71	commerce	commerce	NOUN
fbem-21453	25	72	models	model	NOUN
fbem-21453	25	73	,	,	PUNCT
fbem-21453	25	74	that	that	PRON
fbem-21453	25	75	focuses	focus	VERB
fbem-21453	25	76	more	more	ADJ
fbem-21453	25	77	on	on	ADP
fbem-21453	25	78	attracting	attract	VERB
fbem-21453	25	79	online	online	ADJ
fbem-21453	25	80	customer	customer	NOUN
fbem-21453	25	81	flows	flow	NOUN
fbem-21453	25	82	to	to	PART
fbem-21453	25	83	offline	offline	VERB
fbem-21453	25	84	consumption	consumption	NOUN
fbem-21453	25	85	through	through	ADP
fbem-21453	25	86	the	the	DET
fbem-21453	25	87	operation	operation	NOUN
fbem-21453	25	88	of	of	ADP
fbem-21453	25	89	the	the	DET
fbem-21453	25	90	platform	platform	NOUN
fbem-21453	25	91	(	(	PUNCT
fbem-21453	25	92	https://baike.baidu.hk/item/o2o%e6%a8%a1%e5%bc%8	https://baike.baidu.hk/item/o2o%e6%a8%a1%e5%bc%8	PROPN
fbem-21453	25	93	f/10532551	f/10532551	PROPN
fbem-21453	25	94	)	)	PUNCT
fbem-21453	25	95	.	.	PUNCT
fbem-21453	26	1	at	at	ADP
fbem-21453	26	2	present	present	ADJ
fbem-21453	26	3	,	,	PUNCT
fbem-21453	26	4	the	the	DET
fbem-21453	26	5	o2o	o2o	NOUN
fbem-21453	26	6	model	model	NOUN
fbem-21453	26	7	has	have	AUX
fbem-21453	26	8	been	be	AUX
fbem-21453	26	9	involved	involve	VERB
fbem-21453	26	10	in	in	ADP
fbem-21453	26	11	various	various	ADJ
fbem-21453	26	12	fields	field	NOUN
fbem-21453	26	13	such	such	ADJ
fbem-21453	26	14	as	as	ADP
fbem-21453	26	15	food	food	NOUN
fbem-21453	26	16	,	,	PUNCT
fbem-21453	26	17	tourism	tourism	NOUN
fbem-21453	26	18	,	,	PUNCT
fbem-21453	26	19	culture	culture	NOUN
fbem-21453	26	20	,	,	PUNCT
fbem-21453	26	21	and	and	CCONJ
fbem-21453	26	22	entertainment	entertainment	NOUN
fbem-21453	26	23	.	.	PUNCT
fbem-21453	27	1	the	the	DET
fbem-21453	27	2	law	law	NOUN
fbem-21453	27	3	's	's	PART
fbem-21453	27	4	promulgation	promulgation	NOUN
fbem-21453	27	5	provides	provide	VERB
fbem-21453	27	6	a	a	DET
fbem-21453	27	7	theoretical	theoretical	ADJ
fbem-21453	27	8	foundation	foundation	NOUN
fbem-21453	27	9	for	for	ADP
fbem-21453	27	10	the	the	DET
fbem-21453	27	11	healthy	healthy	ADJ
fbem-21453	27	12	development	development	NOUN
fbem-21453	27	13	of	of	ADP
fbem-21453	27	14	china	china	PROPN
fbem-21453	27	15	's	's	PART
fbem-21453	27	16	ecommerce	ecommerce	NOUN
fbem-21453	27	17	industry	industry	NOUN
fbem-21453	27	18	.	.	PUNCT
fbem-21453	28	1	2	2	X
fbem-21453	28	2	.	.	X
fbem-21453	28	3	economic	economic	ADJ
fbem-21453	28	4	environment	environment	NOUN
fbem-21453	28	5	in	in	ADP
fbem-21453	28	6	2023	2023	NUM
fbem-21453	28	7	,	,	PUNCT
fbem-21453	28	8	china	china	PROPN
fbem-21453	28	9	's	's	PART
fbem-21453	28	10	gross	gross	ADJ
fbem-21453	28	11	domestic	domestic	ADJ
fbem-21453	28	12	product	product	NOUN
fbem-21453	28	13	(	(	PUNCT
fbem-21453	28	14	gdp	gdp	NOUN
fbem-21453	28	15	)	)	PUNCT
fbem-21453	28	16	exceeded	exceed	VERB
fbem-21453	28	17	rmb	rmb	NOUN
fbem-21453	28	18	126	126	NUM
fbem-21453	28	19	trillion	trillion	NUM
fbem-21453	28	20	,	,	PUNCT
fbem-21453	28	21	an	an	DET
fbem-21453	28	22	increase	increase	NOUN
fbem-21453	28	23	of	of	ADP
fbem-21453	28	24	5.2	5.2	NUM
fbem-21453	28	25	%	%	NOUN
fbem-21453	28	26	over	over	ADP
fbem-21453	28	27	the	the	DET
fbem-21453	28	28	previous	previous	ADJ
fbem-21453	28	29	year	year	NOUN
fbem-21453	28	30	,	,	PUNCT
fbem-21453	28	31	of	of	ADP
fbem-21453	28	32	which	which	PRON
fbem-21453	28	33	online	online	ADJ
fbem-21453	28	34	retail	retail	ADJ
fbem-21453	28	35	sales	sale	NOUN
fbem-21453	28	36	amounted	amount	VERB
fbem-21453	28	37	to	to	AUX
fbem-21453	28	38	rmb	rmb	VERB
fbem-21453	28	39	15.42	15.42	NUM
fbem-21453	28	40	trillion	trillion	NUM
fbem-21453	28	41	,	,	PUNCT
fbem-21453	28	42	an	an	DET
fbem-21453	28	43	increase	increase	NOUN
fbem-21453	28	44	of	of	ADP
fbem-21453	28	45	11	11	NUM
fbem-21453	28	46	%	%	NOUN
fbem-21453	28	47	,	,	PUNCT
fbem-21453	28	48	making	make	VERB
fbem-21453	28	49	china	china	PROPN
fbem-21453	28	50	the	the	DET
fbem-21453	28	51	world	world	NOUN
fbem-21453	28	52	's	's	PART
fbem-21453	28	53	largest	large	ADJ
fbem-21453	28	54	e	e	NOUN
fbem-21453	28	55	-	-	ADJ
fbem-21453	28	56	tailing	tail	VERB
fbem-21453	28	57	market	market	NOUN
fbem-21453	28	58	for	for	ADP
fbem-21453	28	59	the	the	DET
fbem-21453	28	60	11th	11th	ADJ
fbem-21453	28	61	consecutive	consecutive	ADJ
fbem-21453	28	62	year	year	NOUN
fbem-21453	28	63	;	;	PUNCT
fbem-21453	28	64	among	among	ADP
fbem-21453	28	65	which	which	PRON
fbem-21453	28	66	,	,	PUNCT
fbem-21453	28	67	the	the	DET
fbem-21453	28	68	share	share	NOUN
fbem-21453	28	69	of	of	ADP
fbem-21453	28	70	online	online	ADJ
fbem-21453	28	71	retail	retail	ADJ
fbem-21453	28	72	sales	sale	NOUN
fbem-21453	28	73	of	of	ADP
fbem-21453	28	74	physical	physical	ADJ
fbem-21453	28	75	commodities	commodity	NOUN
fbem-21453	28	76	increased	increase	VERB
fbem-21453	28	77	to	to	ADP
fbem-21453	28	78	a	a	DET
fbem-21453	28	79	record	record	NOUN
fbem-21453	28	80	high	high	NOUN
fbem-21453	28	81	of	of	ADP
fbem-21453	28	82	27.6	27.6	NUM
fbem-21453	28	83	%	%	NOUN
fbem-21453	28	84	;	;	PUNCT
fbem-21453	28	85	the	the	DET
fbem-21453	28	86	combined	combined	ADJ
fbem-21453	28	87	sales	sale	NOUN
fbem-21453	28	88	of	of	ADP
fbem-21453	28	89	online	online	ADJ
fbem-21453	28	90	tourism	tourism	NOUN
fbem-21453	28	91	,	,	PUNCT
fbem-21453	28	92	online	online	ADJ
fbem-21453	28	93	recreation	recreation	NOUN
fbem-21453	28	94	and	and	CCONJ
fbem-21453	28	95	entertainment	entertainment	NOUN
fbem-21453	28	96	,	,	PUNCT
fbem-21453	28	97	and	and	CCONJ
fbem-21453	28	98	online	online	ADJ
fbem-21453	28	99	food	food	NOUN
fbem-21453	28	100	and	and	CCONJ
fbem-21453	28	101	beverage	beverage	NOUN
fbem-21453	28	102	contributed	contribute	VERB
fbem-21453	28	103	23.5	23.5	NUM
fbem-21453	28	104	%	%	NOUN
fbem-21453	28	105	to	to	ADP
fbem-21453	28	106	the	the	DET
fbem-21453	28	107	growth	growth	NOUN
fbem-21453	28	108	rate	rate	NOUN
fbem-21453	28	109	of	of	ADP
fbem-21453	28	110	online	online	ADJ
fbem-21453	28	111	retail	retail	ADJ
fbem-21453	28	112	sales	sale	NOUN
fbem-21453	28	113	.	.	PUNCT
fbem-21453	29	1	the	the	DET
fbem-21453	29	2	combined	combined	ADJ
fbem-21453	29	3	sales	sale	NOUN
fbem-21453	29	4	of	of	ADP
fbem-21453	29	5	online	online	ADJ
fbem-21453	29	6	tourism	tourism	NOUN
fbem-21453	29	7	,	,	PUNCT
fbem-21453	29	8	online	online	ADJ
fbem-21453	29	9	entertainment	entertainment	NOUN
fbem-21453	29	10	,	,	PUNCT
fbem-21453	29	11	and	and	CCONJ
fbem-21453	29	12	online	online	ADJ
fbem-21453	29	13	catering	catering	NOUN
fbem-21453	29	14	contributed	contribute	VERB
fbem-21453	29	15	23.5	23.5	NUM
fbem-21453	29	16	%	%	NOUN
fbem-21453	29	17	to	to	ADP
fbem-21453	29	18	the	the	DET
fbem-21453	29	19	growth	growth	NOUN
fbem-21453	29	20	of	of	ADP
fbem-21453	29	21	e	e	NOUN
fbem-21453	29	22	-	-	NOUN
fbem-21453	29	23	tailing	tail	VERB
fbem-21453	29	24	,	,	PUNCT
fbem-21453	29	25	of	of	ADP
fbem-21453	29	26	which	which	PRON
fbem-21453	29	27	online	online	ADJ
fbem-21453	29	28	tourism	tourism	NOUN
fbem-21453	29	29	sales	sale	NOUN
fbem-21453	29	30	increased	increase	VERB
fbem-21453	29	31	by	by	ADP
fbem-21453	29	32	237.5	237.5	NUM
fbem-21453	29	33	%	%	NOUN
fbem-21453	29	34	and	and	CCONJ
fbem-21453	29	35	online	online	ADJ
fbem-21453	29	36	entertainment	entertainment	NOUN
fbem-21453	29	37	sales	sale	NOUN
fbem-21453	29	38	increased	increase	VERB
fbem-21453	29	39	by	by	ADP
fbem-21453	29	40	102.2	102.2	NUM
fbem-21453	29	41	%	%	NOUN
fbem-21453	29	42	[	[	X
fbem-21453	29	43	15	15	NUM
fbem-21453	29	44	]	]	PUNCT
fbem-21453	29	45	.	.	PUNCT
fbem-21453	30	1	this	this	PRON
fbem-21453	30	2	provides	provide	VERB
fbem-21453	30	3	broader	broad	ADJ
fbem-21453	30	4	market	market	NOUN
fbem-21453	30	5	space	space	NOUN
fbem-21453	30	6	and	and	CCONJ
fbem-21453	30	7	more	more	ADJ
fbem-21453	30	8	business	business	NOUN
fbem-21453	30	9	opportunities	opportunity	NOUN
fbem-21453	30	10	for	for	ADP
fbem-21453	30	11	meituan	meituan	NOUN
fbem-21453	30	12	and	and	CCONJ
fbem-21453	30	13	fits	fit	VERB
fbem-21453	30	14	in	in	ADP
fbem-21453	30	15	with	with	ADP
fbem-21453	30	16	meituan	meituan	PROPN
fbem-21453	30	17	's	's	PART
fbem-21453	30	18	core	core	ADJ
fbem-21453	30	19	business	business	NOUN
fbem-21453	30	20	segments	segment	NOUN
fbem-21453	30	21	,	,	PUNCT
fbem-21453	30	22	but	but	CCONJ
fbem-21453	30	23	at	at	ADP
fbem-21453	30	24	the	the	DET
fbem-21453	30	25	same	same	ADJ
fbem-21453	30	26	time	time	NOUN
fbem-21453	30	27	requires	require	VERB
fbem-21453	30	28	meituan	meituan	NOUN
fbem-21453	30	29	to	to	PART
fbem-21453	30	30	continue	continue	VERB
fbem-21453	30	31	to	to	PART
fbem-21453	30	32	innovate	innovate	VERB
fbem-21453	30	33	and	and	CCONJ
fbem-21453	30	34	improve	improve	VERB
fbem-21453	30	35	its	its	PRON
fbem-21453	30	36	capabilities	capability	NOUN
fbem-21453	30	37	to	to	PART
fbem-21453	30	38	adapt	adapt	VERB
fbem-21453	30	39	to	to	ADP
fbem-21453	30	40	the	the	DET
fbem-21453	30	41	changes	change	NOUN
fbem-21453	30	42	in	in	ADP
fbem-21453	30	43	the	the	DET
fbem-21453	30	44	market	market	NOUN
fbem-21453	30	45	and	and	CCONJ
fbem-21453	30	46	the	the	DET
fbem-21453	30	47	challenges	challenge	NOUN
fbem-21453	30	48	of	of	ADP
fbem-21453	30	49	competition	competition	NOUN
fbem-21453	30	50	.	.	PUNCT
fbem-21453	31	1	3	3	X
fbem-21453	31	2	.	.	X
fbem-21453	31	3	social	social	ADJ
fbem-21453	31	4	environment	environment	NOUN
fbem-21453	31	5	in	in	ADP
fbem-21453	31	6	2020	2020	NUM
fbem-21453	31	7	,	,	PUNCT
fbem-21453	31	8	china	china	PROPN
fbem-21453	31	9	's	's	PART
fbem-21453	31	10	generation	generation	NOUN
fbem-21453	31	11	z	z	NOUN
fbem-21453	31	12	population	population	NOUN
fbem-21453	31	13	will	will	AUX
fbem-21453	31	14	total	total	VERB
fbem-21453	31	15	253	253	NUM
fbem-21453	31	16	million	million	NUM
fbem-21453	31	17	,	,	PUNCT
fbem-21453	31	18	accounting	account	VERB
fbem-21453	31	19	for	for	ADP
fbem-21453	31	20	17.6	17.6	NUM
fbem-21453	31	21	%	%	NOUN
fbem-21453	31	22	of	of	ADP
fbem-21453	31	23	the	the	DET
fbem-21453	31	24	total	total	ADJ
fbem-21453	31	25	population	population	NOUN
fbem-21453	31	26	.	.	PUNCT
fbem-21453	32	1	the	the	DET
fbem-21453	32	2	total	total	ADJ
fbem-21453	32	3	population	population	NOUN
fbem-21453	32	4	of	of	ADP
fbem-21453	32	5	generation	generation	NOUN
fbem-21453	32	6	z	z	PROPN
fbem-21453	32	7	is	be	AUX
fbem-21453	32	8	large	large	ADJ
fbem-21453	32	9	,	,	PUNCT
fbem-21453	32	10	and	and	CCONJ
fbem-21453	32	11	most	most	ADJ
fbem-21453	32	12	of	of	ADP
fbem-21453	32	13	them	they	PRON
fbem-21453	32	14	are	be	AUX
fbem-21453	32	15	still	still	ADV
fbem-21453	32	16	in	in	ADP
fbem-21453	32	17	the	the	DET
fbem-21453	32	18	student	student	NOUN
fbem-21453	32	19	stage	stage	NOUN
fbem-21453	32	20	[	[	X
fbem-21453	32	21	3	3	NUM
fbem-21453	32	22	]	]	PUNCT
fbem-21453	32	23	.	.	PUNCT
fbem-21453	33	1	more	more	ADJ
fbem-21453	33	2	than	than	ADP
fbem-21453	33	3	half	half	NOUN
fbem-21453	33	4	of	of	ADP
fbem-21453	33	5	china	china	PROPN
fbem-21453	33	6	's	's	PART
fbem-21453	33	7	generation	generation	NOUN
fbem-21453	33	8	z	z	PROPN
fbem-21453	33	9	have	have	AUX
fbem-21453	33	10	reached	reach	VERB
fbem-21453	33	11	adulthood	adulthood	NOUN
fbem-21453	33	12	,	,	PUNCT
fbem-21453	33	13	and	and	CCONJ
fbem-21453	33	14	more	more	ADJ
fbem-21453	33	15	than	than	ADP
fbem-21453	33	16	3/4	3/4	NUM
fbem-21453	33	17	are	be	AUX
fbem-21453	33	18	in	in	ADP
fbem-21453	33	19	middle	middle	ADJ
fbem-21453	33	20	school	school	NOUN
fbem-21453	33	21	or	or	CCONJ
fbem-21453	33	22	college	college	NOUN
fbem-21453	34	1	[	[	X
fbem-21453	34	2	16	16	NUM
fbem-21453	34	3	]	]	PUNCT
fbem-21453	34	4	.	.	PUNCT
fbem-21453	35	1	2020	2020	NUM
fbem-21453	35	2	internet	internet	NOUN
fbem-21453	35	3	penetration	penetration	NOUN
fbem-21453	35	4	rate	rate	NOUN
fbem-21453	35	5	of	of	ADP
fbem-21453	35	6	china	china	PROPN
fbem-21453	35	7	's	's	PART
fbem-21453	35	8	underage	underage	ADJ
fbem-21453	35	9	internet	internet	NOUN
fbem-21453	35	10	users	user	NOUN
fbem-21453	35	11	(	(	PUNCT
fbem-21453	35	12	mostly	mostly	ADV
fbem-21453	35	13	generation	generation	NOUN
fbem-21453	35	14	z	z	NOUN
fbem-21453	35	15	)	)	PUNCT
fbem-21453	35	16	will	will	AUX
fbem-21453	35	17	reach	reach	VERB
fbem-21453	35	18	94.9	94.9	NUM
fbem-21453	35	19	%	%	NOUN
fbem-21453	35	20	[	[	X
fbem-21453	35	21	3	3	NUM
fbem-21453	35	22	]	]	PUNCT
fbem-21453	35	23	,	,	PUNCT
fbem-21453	35	24	and	and	CCONJ
fbem-21453	35	25	the	the	DET
fbem-21453	35	26	consumption	consumption	NOUN
fbem-21453	35	27	potential	potential	NOUN
fbem-21453	35	28	of	of	ADP
fbem-21453	35	29	generation	generation	NOUN
fbem-21453	35	30	z	z	NOUN
fbem-21453	35	31	consumers	consumer	NOUN
fbem-21453	35	32	will	will	AUX
fbem-21453	35	33	be	be	AUX
fbem-21453	35	34	unleashed	unleashed	ADJ
fbem-21453	35	35	as	as	SCONJ
fbem-21453	35	36	they	they	PRON
fbem-21453	35	37	grow	grow	VERB
fbem-21453	35	38	older	old	ADJ
fbem-21453	35	39	.	.	PUNCT
fbem-21453	36	1	this	this	DET
fbem-21453	36	2	group	group	NOUN
fbem-21453	36	3	has	have	VERB
fbem-21453	36	4	a	a	DET
fbem-21453	36	5	greater	great	ADJ
fbem-21453	36	6	impact	impact	NOUN
fbem-21453	36	7	on	on	ADP
fbem-21453	36	8	o2o	o2o	NOUN
fbem-21453	36	9	platforms	platform	NOUN
fbem-21453	36	10	,	,	PUNCT
fbem-21453	36	11	and	and	CCONJ
fbem-21453	36	12	meituan	meituan	NOUN
fbem-21453	36	13	needs	need	VERB
fbem-21453	36	14	to	to	PART
fbem-21453	36	15	cater	cater	VERB
fbem-21453	36	16	to	to	ADP
fbem-21453	36	17	the	the	DET
fbem-21453	36	18	needs	need	NOUN
fbem-21453	36	19	of	of	ADP
fbem-21453	36	20	generation	generation	NOUN
fbem-21453	36	21	z	z	NOUN
fbem-21453	36	22	consumers	consumer	NOUN
fbem-21453	36	23	.	.	PUNCT
fbem-21453	37	1	4	4	X
fbem-21453	37	2	.	.	X
fbem-21453	37	3	technical	technical	ADJ
fbem-21453	37	4	environment	environment	NOUN
fbem-21453	37	5	5	5	NUM
fbem-21453	37	6	g	g	NOUN
fbem-21453	37	7	,	,	PUNCT
fbem-21453	37	8	big	big	ADJ
fbem-21453	37	9	data	datum	NOUN
fbem-21453	37	10	[	[	X
fbem-21453	37	11	17	17	NUM
fbem-21453	37	12	]	]	PUNCT
fbem-21453	37	13	,	,	PUNCT
fbem-21453	37	14	artificial	artificial	ADJ
fbem-21453	37	15	intelligence	intelligence	NOUN
fbem-21453	38	1	[	[	X
fbem-21453	38	2	18	18	NUM
fbem-21453	38	3	]	]	PUNCT
fbem-21453	38	4	,	,	PUNCT
fbem-21453	38	5	and	and	CCONJ
fbem-21453	38	6	other	other	ADJ
fbem-21453	38	7	technologies	technology	NOUN
fbem-21453	38	8	are	be	AUX
fbem-21453	38	9	constantly	constantly	ADV
fbem-21453	38	10	developing	develop	VERB
fbem-21453	38	11	,	,	PUNCT
fbem-21453	38	12	and	and	CCONJ
fbem-21453	38	13	the	the	DET
fbem-21453	38	14	application	application	NOUN
fbem-21453	38	15	of	of	ADP
fbem-21453	38	16	these	these	DET
fbem-21453	38	17	new	new	ADJ
fbem-21453	38	18	technologies	technology	NOUN
fbem-21453	38	19	plays	play	VERB
fbem-21453	38	20	an	an	DET
fbem-21453	38	21	important	important	ADJ
fbem-21453	38	22	role	role	NOUN
fbem-21453	38	23	in	in	ADP
fbem-21453	38	24	the	the	DET
fbem-21453	38	25	optimization	optimization	NOUN
fbem-21453	38	26	of	of	ADP
fbem-21453	38	27	the	the	DET
fbem-21453	38	28	o2o	o2o	NOUN
fbem-21453	38	29	model	model	NOUN
fbem-21453	38	30	.	.	PUNCT
fbem-21453	39	1	new	new	ADJ
fbem-21453	39	2	technologies	technology	NOUN
fbem-21453	39	3	enable	enable	VERB
fbem-21453	39	4	enterprises	enterprise	NOUN
fbem-21453	39	5	to	to	PART
fbem-21453	39	6	obtain	obtain	VERB
fbem-21453	39	7	consumers	consumer	NOUN
fbem-21453	39	8	'	'	PART
fbem-21453	39	9	shopping	shopping	NOUN
fbem-21453	39	10	wishes	wish	NOUN
fbem-21453	39	11	and	and	CCONJ
fbem-21453	39	12	related	relate	VERB
fbem-21453	39	13	information	information	NOUN
fbem-21453	39	14	more	more	ADV
fbem-21453	39	15	quickly	quickly	ADV
fbem-21453	39	16	and	and	CCONJ
fbem-21453	39	17	efficiently	efficiently	ADV
fbem-21453	39	18	.	.	PUNCT
fbem-21453	40	1	through	through	ADP
fbem-21453	40	2	this	this	DET
fbem-21453	40	3	information	information	NOUN
fbem-21453	40	4	,	,	PUNCT
fbem-21453	40	5	enterprises	enterprise	NOUN
fbem-21453	40	6	can	can	AUX
fbem-21453	40	7	improve	improve	VERB
fbem-21453	40	8	the	the	DET
fbem-21453	40	9	quality	quality	NOUN
fbem-21453	40	10	of	of	ADP
fbem-21453	40	11	service	service	NOUN
fbem-21453	40	12	,	,	PUNCT
fbem-21453	40	13	improve	improve	VERB
fbem-21453	40	14	the	the	DET
fbem-21453	40	15	mode	mode	NOUN
fbem-21453	40	16	of	of	ADP
fbem-21453	40	17	operation	operation	NOUN
fbem-21453	40	18	,	,	PUNCT
fbem-21453	40	19	and	and	CCONJ
fbem-21453	40	20	provide	provide	VERB
fbem-21453	40	21	consumers	consumer	NOUN
fbem-21453	40	22	with	with	ADP
fbem-21453	40	23	better	well	ADJ
fbem-21453	40	24	service	service	NOUN
fbem-21453	40	25	and	and	CCONJ
fbem-21453	40	26	shopping	shopping	NOUN
fbem-21453	40	27	experience	experience	NOUN
fbem-21453	40	28	.	.	PUNCT
fbem-21453	41	1	meituan	meituan	PROPN
fbem-21453	41	2	needs	need	VERB
fbem-21453	41	3	to	to	PART
fbem-21453	41	4	utilize	utilize	VERB
fbem-21453	41	5	new	new	ADJ
fbem-21453	41	6	technologies	technology	NOUN
fbem-21453	41	7	to	to	PART
fbem-21453	41	8	adapt	adapt	VERB
fbem-21453	41	9	to	to	ADP
fbem-21453	41	10	the	the	DET
fbem-21453	41	11	changes	change	NOUN
fbem-21453	41	12	in	in	ADP
fbem-21453	41	13	the	the	DET
fbem-21453	41	14	market	market	NOUN
fbem-21453	41	15	and	and	CCONJ
fbem-21453	41	16	maintain	maintain	VERB
fbem-21453	41	17	its	its	PRON
fbem-21453	41	18	competitive	competitive	ADJ
fbem-21453	41	19	advantage	advantage	NOUN
fbem-21453	41	20	.	.	PUNCT
fbem-21453	42	1	3.2.2	3.2.2	X
fbem-21453	42	2	.	.	PUNCT
fbem-21453	42	3	pest	pest	VERB
fbem-21453	42	4	analysis	analysis	NOUN
fbem-21453	42	5	1	1	NUM
fbem-21453	42	6	.	.	PUNCT
fbem-21453	43	1	strengths	strength	NOUN
fbem-21453	43	2	meituan	meituan	NOUN
fbem-21453	43	3	has	have	VERB
fbem-21453	43	4	a	a	DET
fbem-21453	43	5	good	good	ADJ
fbem-21453	43	6	market	market	NOUN
fbem-21453	43	7	position	position	NOUN
fbem-21453	43	8	and	and	CCONJ
fbem-21453	43	9	competitive	competitive	ADJ
fbem-21453	43	10	advantages	advantage	NOUN
fbem-21453	43	11	in	in	ADP
fbem-21453	43	12	the	the	DET
fbem-21453	43	13	o2o	o2o	NOUN
fbem-21453	43	14	field	field	NOUN
fbem-21453	43	15	.	.	PUNCT
fbem-21453	44	1	firstly	firstly	ADV
fbem-21453	44	2	,	,	PUNCT
fbem-21453	44	3	meituan	meituan	PROPN
fbem-21453	44	4	covers	cover	VERB
fbem-21453	44	5	a	a	DET
fbem-21453	44	6	wide	wide	ADJ
fbem-21453	44	7	range	range	NOUN
fbem-21453	44	8	of	of	ADP
fbem-21453	44	9	businesses	business	NOUN
fbem-21453	44	10	in	in	ADP
fbem-21453	44	11	the	the	DET
fbem-21453	44	12	field	field	NOUN
fbem-21453	44	13	of	of	ADP
fbem-21453	44	14	living	living	NOUN
fbem-21453	44	15	services	service	NOUN
fbem-21453	44	16	and	and	CCONJ
fbem-21453	44	17	has	have	VERB
fbem-21453	44	18	a	a	DET
fbem-21453	44	19	huge	huge	ADJ
fbem-21453	44	20	user	user	NOUN
fbem-21453	44	21	base	base	NOUN
fbem-21453	44	22	.	.	PUNCT
fbem-21453	45	1	secondly	secondly	ADV
fbem-21453	45	2	,	,	PUNCT
fbem-21453	45	3	meituan	meituan	PROPN
fbem-21453	45	4	has	have	VERB
fbem-21453	45	5	strong	strong	ADJ
fbem-21453	45	6	brand	brand	NOUN
fbem-21453	45	7	influence	influence	NOUN
fbem-21453	45	8	and	and	CCONJ
fbem-21453	45	9	user	user	NOUN
fbem-21453	45	10	recognition	recognition	NOUN
fbem-21453	45	11	and	and	CCONJ
fbem-21453	45	12	has	have	VERB
fbem-21453	45	13	a	a	DET
fbem-21453	45	14	leading	lead	VERB
fbem-21453	45	15	market	market	NOUN
fbem-21453	45	16	share	share	NOUN
fbem-21453	45	17	in	in	ADP
fbem-21453	45	18	the	the	DET
fbem-21453	45	19	takeaway	takeaway	ADJ
fbem-21453	45	20	field	field	NOUN
fbem-21453	45	21	[	[	X
fbem-21453	45	22	18	18	NUM
fbem-21453	45	23	]	]	PUNCT
fbem-21453	45	24	.	.	PUNCT
fbem-21453	46	1	2.weaknesses	2.weaknesses	NUM
fbem-21453	46	2	the	the	DET
fbem-21453	46	3	profit	profit	NOUN
fbem-21453	46	4	model	model	NOUN
fbem-21453	46	5	of	of	ADP
fbem-21453	46	6	meituan	meituan	PROPN
fbem-21453	46	7	mainly	mainly	ADV
fbem-21453	46	8	relies	rely	VERB
fbem-21453	46	9	on	on	ADP
fbem-21453	46	10	commission	commission	NOUN
fbem-21453	46	11	income	income	NOUN
fbem-21453	46	12	and	and	CCONJ
fbem-21453	46	13	advertising	advertising	NOUN
fbem-21453	46	14	revenue	revenue	NOUN
fbem-21453	46	15	.	.	PUNCT
fbem-21453	47	1	the	the	DET
fbem-21453	47	2	profitability	profitability	NOUN
fbem-21453	47	3	of	of	ADP
fbem-21453	47	4	meituan	meituan	PROPN
fbem-21453	47	5	's	's	PART
fbem-21453	47	6	existing	exist	VERB
fbem-21453	47	7	business	business	NOUN
fbem-21453	47	8	is	be	AUX
fbem-21453	47	9	limited	limit	VERB
fbem-21453	47	10	,	,	PUNCT
fbem-21453	47	11	and	and	CCONJ
fbem-21453	47	12	the	the	DET
fbem-21453	47	13	takeaway	takeaway	PROPN
fbem-21453	47	14	business	business	NOUN
fbem-21453	47	15	accounts	account	VERB
fbem-21453	47	16	for	for	ADP
fbem-21453	47	17	more	more	ADJ
fbem-21453	47	18	than	than	ADP
fbem-21453	47	19	half	half	NOUN
fbem-21453	47	20	of	of	ADP
fbem-21453	47	21	meituan	meituan	PROPN
fbem-21453	47	22	's	's	PART
fbem-21453	47	23	revenue	revenue	NOUN
fbem-21453	47	24	,	,	PUNCT
fbem-21453	47	25	but	but	CCONJ
fbem-21453	47	26	the	the	DET
fbem-21453	47	27	profitability	profitability	NOUN
fbem-21453	47	28	of	of	ADP
fbem-21453	47	29	takeaway	takeaway	NOUN
fbem-21453	47	30	is	be	AUX
fbem-21453	47	31	limited	limited	ADJ
fbem-21453	47	32	.	.	PUNCT
fbem-21453	48	1	in	in	ADP
fbem-21453	48	2	addition	addition	NOUN
fbem-21453	48	3	,	,	PUNCT
fbem-21453	48	4	due	due	ADP
fbem-21453	48	5	to	to	ADP
fbem-21453	48	6	the	the	DET
fbem-21453	48	7	fierce	fierce	ADJ
fbem-21453	48	8	competition	competition	NOUN
fbem-21453	48	9	in	in	ADP
fbem-21453	48	10	the	the	DET
fbem-21453	48	11	market	market	NOUN
fbem-21453	48	12	,	,	PUNCT
fbem-21453	48	13	meituan	meituan	PROPN
fbem-21453	48	14	needs	need	VERB
fbem-21453	48	15	to	to	PART
fbem-21453	48	16	subsidize	subsidize	VERB
fbem-21453	48	17	to	to	PART
fbem-21453	48	18	attract	attract	VERB
fbem-21453	48	19	and	and	CCONJ
fbem-21453	48	20	retain	retain	VERB
fbem-21453	48	21	users	user	NOUN
fbem-21453	48	22	and	and	CCONJ
fbem-21453	48	23	merchants	merchant	NOUN
fbem-21453	48	24	,	,	PUNCT
fbem-21453	48	25	which	which	PRON
fbem-21453	48	26	leads	lead	VERB
fbem-21453	48	27	to	to	ADP
fbem-21453	48	28	larger	large	ADJ
fbem-21453	48	29	losses	loss	NOUN
fbem-21453	48	30	[	[	X
fbem-21453	48	31	18	18	NUM
fbem-21453	48	32	]	]	PUNCT
fbem-21453	48	33	.	.	PUNCT
fbem-21453	49	1	3.opportunities	3.opportunities	NUM
fbem-21453	49	2	firstly	firstly	ADV
fbem-21453	49	3	,	,	PUNCT
fbem-21453	49	4	the	the	DET
fbem-21453	49	5	large	large	ADJ
fbem-21453	49	6	scale	scale	NOUN
fbem-21453	49	7	of	of	ADP
fbem-21453	49	8	china	china	PROPN
fbem-21453	49	9	's	's	PART
fbem-21453	49	10	local	local	ADJ
fbem-21453	49	11	living	live	VERB
fbem-21453	49	12	services	service	NOUN
fbem-21453	49	13	market	market	NOUN
fbem-21453	49	14	provides	provide	VERB
fbem-21453	49	15	a	a	DET
fbem-21453	49	16	solid	solid	ADJ
fbem-21453	49	17	foundation	foundation	NOUN
fbem-21453	49	18	for	for	ADP
fbem-21453	49	19	meituan	meituan	PROPN
fbem-21453	49	20	's	's	PART
fbem-21453	49	21	business	business	NOUN
fbem-21453	49	22	development	development	NOUN
fbem-21453	49	23	.	.	PUNCT
fbem-21453	50	1	with	with	ADP
fbem-21453	50	2	the	the	DET
fbem-21453	50	3	popularization	popularization	NOUN
fbem-21453	50	4	of	of	ADP
fbem-21453	50	5	the	the	DET
fbem-21453	50	6	internet	internet	NOUN
fbem-21453	50	7	and	and	CCONJ
fbem-21453	50	8	the	the	DET
fbem-21453	50	9	trend	trend	NOUN
fbem-21453	50	10	of	of	ADP
fbem-21453	50	11	consumption	consumption	NOUN
fbem-21453	50	12	upgrading	upgrading	NOUN
fbem-21453	50	13	,	,	PUNCT
fbem-21453	50	14	generation	generation	NOUN
fbem-21453	50	15	z	z	NOUN
fbem-21453	50	16	users	user	NOUN
fbem-21453	50	17	'	'	PART
fbem-21453	50	18	demand	demand	NOUN
fbem-21453	50	19	for	for	ADP
fbem-21453	50	20	local	local	ADJ
fbem-21453	50	21	services	service	NOUN
fbem-21453	50	22	and	and	CCONJ
fbem-21453	50	23	spending	spending	NOUN
fbem-21453	50	24	power	power	NOUN
fbem-21453	50	25	is	be	AUX
fbem-21453	50	26	growing	grow	VERB
fbem-21453	50	27	,	,	PUNCT
fbem-21453	50	28	providing	provide	VERB
fbem-21453	50	29	meituan	meituan	NOUN
fbem-21453	50	30	with	with	ADP
fbem-21453	50	31	a	a	DET
fbem-21453	50	32	broad	broad	ADJ
fbem-21453	50	33	space	space	NOUN
fbem-21453	50	34	for	for	ADP
fbem-21453	50	35	development	development	NOUN
fbem-21453	50	36	[	[	X
fbem-21453	50	37	3	3	NUM
fbem-21453	50	38	]	]	PUNCT
fbem-21453	50	39	.	.	PUNCT
fbem-21453	51	1	also	also	ADV
fbem-21453	51	2	,	,	PUNCT
fbem-21453	51	3	meituan	meituan	PROPN
fbem-21453	51	4	has	have	VERB
fbem-21453	51	5	a	a	DET
fbem-21453	51	6	wealth	wealth	NOUN
fbem-21453	51	7	of	of	ADP
fbem-21453	51	8	partners	partner	NOUN
fbem-21453	51	9	and	and	CCONJ
fbem-21453	51	10	resources	resource	NOUN
fbem-21453	51	11	relying	rely	VERB
fbem-21453	51	12	on	on	ADP
fbem-21453	51	13	the	the	DET
fbem-21453	51	14	three	three	NUM
fbem-21453	51	15	platforms	platform	NOUN
fbem-21453	51	16	of	of	ADP
fbem-21453	51	17	meituan	meituan	PROPN
fbem-21453	51	18	takeout	takeout	PROPN
fbem-21453	51	19	,	,	PUNCT
fbem-21453	51	20	meituan	meituan	NOUN
fbem-21453	51	21	and	and	CCONJ
fbem-21453	51	22	dianping	dianping	NOUN
fbem-21453	51	23	.	.	PUNCT
fbem-21453	52	1	in	in	ADP
fbem-21453	52	2	addition	addition	NOUN
fbem-21453	52	3	,	,	PUNCT
fbem-21453	52	4	by	by	ADP
fbem-21453	52	5	continuously	continuously	ADV
fbem-21453	52	6	investing	invest	VERB
fbem-21453	52	7	in	in	ADP
fbem-21453	52	8	research	research	NOUN
fbem-21453	52	9	and	and	CCONJ
fbem-21453	52	10	development	development	NOUN
fbem-21453	52	11	and	and	CCONJ
fbem-21453	52	12	innovation	innovation	NOUN
fbem-21453	52	13	,	,	PUNCT
fbem-21453	52	14	meituan	meituan	PROPN
fbem-21453	52	15	can	can	AUX
fbem-21453	52	16	utilize	utilize	VERB
fbem-21453	52	17	the	the	DET
fbem-21453	52	18	latest	late	ADJ
fbem-21453	52	19	technology	technology	NOUN
fbem-21453	52	20	,	,	PUNCT
fbem-21453	52	21	such	such	ADJ
fbem-21453	52	22	as	as	ADP
fbem-21453	52	23	drone	drone	NOUN
fbem-21453	52	24	delivery	delivery	NOUN
fbem-21453	52	25	,	,	PUNCT
fbem-21453	52	26	to	to	PART
fbem-21453	52	27	improve	improve	VERB
fbem-21453	52	28	the	the	DET
fbem-21453	52	29	quality	quality	NOUN
fbem-21453	52	30	and	and	CCONJ
fbem-21453	52	31	efficiency	efficiency	NOUN
fbem-21453	52	32	of	of	ADP
fbem-21453	52	33	its	its	PRON
fbem-21453	52	34	services	service	NOUN
fbem-21453	52	35	and	and	CCONJ
fbem-21453	52	36	create	create	VERB
fbem-21453	52	37	more	more	ADJ
fbem-21453	52	38	value	value	NOUN
fbem-21453	52	39	and	and	CCONJ
fbem-21453	52	40	advantages	advantage	NOUN
fbem-21453	52	41	.	.	PUNCT
fbem-21453	53	1	4.threats	4.threats	NUM
fbem-21453	53	2	in	in	ADP
fbem-21453	53	3	recent	recent	ADJ
fbem-21453	53	4	years	year	NOUN
fbem-21453	53	5	,	,	PUNCT
fbem-21453	53	6	meituan	meituan	PROPN
fbem-21453	53	7	has	have	AUX
fbem-21453	53	8	expanded	expand	VERB
fbem-21453	53	9	its	its	PRON
fbem-21453	53	10	business	business	NOUN
fbem-21453	53	11	to	to	ADP
fbem-21453	53	12	catering	catering	NOUN
fbem-21453	53	13	,	,	PUNCT
fbem-21453	53	14	tourism	tourism	NOUN
fbem-21453	53	15	,	,	PUNCT
fbem-21453	53	16	sharing	sharing	NOUN
fbem-21453	53	17	,	,	PUNCT
fbem-21453	53	18	and	and	CCONJ
fbem-21453	53	19	other	other	ADJ
fbem-21453	53	20	fields	field	NOUN
fbem-21453	53	21	,	,	PUNCT
fbem-21453	53	22	and	and	CCONJ
fbem-21453	53	23	has	have	AUX
fbem-21453	53	24	continued	continue	VERB
fbem-21453	53	25	to	to	PART
fbem-21453	53	26	explore	explore	VERB
fbem-21453	53	27	new	new	ADJ
fbem-21453	53	28	businesses	business	NOUN
fbem-21453	53	29	.	.	PUNCT
fbem-21453	54	1	however	however	ADV
fbem-21453	54	2	,	,	PUNCT
fbem-21453	54	3	its	its	PRON
fbem-21453	54	4	business	business	NOUN
fbem-21453	54	5	faces	face	VERB
fbem-21453	54	6	competitors	competitor	NOUN
fbem-21453	54	7	from	from	ADP
fbem-21453	54	8	several	several	ADJ
fbem-21453	54	9	fields	field	NOUN
fbem-21453	54	10	and	and	CCONJ
fbem-21453	54	11	industries	industry	NOUN
fbem-21453	54	12	,	,	PUNCT
fbem-21453	54	13	in	in	ADP
fbem-21453	54	14	particular	particular	ADJ
fbem-21453	54	15	,	,	PUNCT
fbem-21453	54	16	alibaba	alibaba	PROPN
fbem-21453	54	17	has	have	AUX
fbem-21453	54	18	constructed	construct	VERB
fbem-21453	54	19	businesses	business	NOUN
fbem-21453	54	20	such	such	ADJ
fbem-21453	54	21	as	as	ADP
fbem-21453	54	22	hungry	hungry	ADJ
fbem-21453	54	23	,	,	PUNCT
fbem-21453	54	24	flying	fly	VERB
fbem-21453	54	25	pig	pig	NOUN
fbem-21453	54	26	,	,	PUNCT
fbem-21453	54	27	ticketmaster	ticketmaster	NOUN
fbem-21453	54	28	,	,	PUNCT
fbem-21453	54	29	and	and	CCONJ
fbem-21453	54	30	harrow	harrow	PROPN
fbem-21453	54	31	bicycle	bicycle	PROPN
fbem-21453	54	32	,	,	PUNCT
fbem-21453	54	33	which	which	PRON
fbem-21453	54	34	are	be	AUX
fbem-21453	54	35	in	in	ADP
fbem-21453	54	36	direct	direct	ADJ
fbem-21453	54	37	competition	competition	NOUN
fbem-21453	54	38	with	with	ADP
fbem-21453	54	39	meituan	meituan	PROPN
fbem-21453	54	40	's	's	PART
fbem-21453	54	41	business	business	NOUN
fbem-21453	54	42	and	and	CCONJ
fbem-21453	54	43	pose	pose	VERB
fbem-21453	54	44	a	a	DET
fbem-21453	54	45	threat	threat	NOUN
fbem-21453	54	46	to	to	ADP
fbem-21453	54	47	meituan	meituan	PROPN
fbem-21453	54	48	's	's	PART
fbem-21453	54	49	market	market	NOUN
fbem-21453	54	50	share	share	NOUN
fbem-21453	54	51	and	and	CCONJ
fbem-21453	54	52	profits	profit	NOUN
fbem-21453	54	53	.	.	PUNCT
fbem-21453	55	1	308	308	NUM
fbem-21453	55	2	table	table	NOUN
fbem-21453	55	3	2	2	NUM
fbem-21453	55	4	.	.	PUNCT
fbem-21453	55	5	swot	swot	VERB
fbem-21453	55	6	analysis	analysis	NOUN
fbem-21453	55	7	of	of	ADP
fbem-21453	55	8	meituan	meituan	PROPN
fbem-21453	55	9	strengths	strength	NOUN
fbem-21453	55	10	meituan	meituan	PROPN
fbem-21453	55	11	has	have	VERB
fbem-21453	55	12	a	a	DET
fbem-21453	55	13	good	good	ADJ
fbem-21453	55	14	market	market	NOUN
fbem-21453	55	15	position	position	NOUN
fbem-21453	55	16	and	and	CCONJ
fbem-21453	55	17	competitive	competitive	ADJ
fbem-21453	55	18	advantage	advantage	NOUN
fbem-21453	55	19	in	in	ADP
fbem-21453	55	20	the	the	DET
fbem-21453	55	21	o2o	o2o	NOUN
fbem-21453	55	22	sector	sector	NOUN
fbem-21453	55	23	.	.	PUNCT
fbem-21453	56	1	weaknesses	weaknesse	VERB
fbem-21453	56	2	meituan	meituan	PROPN
fbem-21453	56	3	's	's	PART
fbem-21453	56	4	profit	profit	NOUN
fbem-21453	56	5	model	model	NOUN
fbem-21453	56	6	relies	rely	VERB
fbem-21453	56	7	heavily	heavily	ADV
fbem-21453	56	8	on	on	ADP
fbem-21453	56	9	commission	commission	NOUN
fbem-21453	56	10	revenue	revenue	NOUN
fbem-21453	56	11	and	and	CCONJ
fbem-21453	56	12	advertising	advertising	NOUN
fbem-21453	56	13	revenue	revenue	NOUN
fbem-21453	56	14	.	.	PUNCT
fbem-21453	57	1	opportunities	opportunity	NOUN
fbem-21453	57	2	china	china	PROPN
fbem-21453	57	3	's	's	PART
fbem-21453	57	4	local	local	ADJ
fbem-21453	57	5	living	live	VERB
fbem-21453	57	6	services	service	NOUN
fbem-21453	57	7	market	market	NOUN
fbem-21453	57	8	is	be	AUX
fbem-21453	57	9	large	large	ADJ
fbem-21453	57	10	.	.	PUNCT
fbem-21453	58	1	generation	generation	NOUN
fbem-21453	58	2	z	z	NOUN
fbem-21453	58	3	users	user	NOUN
fbem-21453	58	4	provide	provide	VERB
fbem-21453	58	5	wide	wide	ADJ
fbem-21453	58	6	space	space	NOUN
fbem-21453	58	7	for	for	SCONJ
fbem-21453	58	8	meituan	meituan	PROPN
fbem-21453	58	9	to	to	PART
fbem-21453	58	10	grow	grow	VERB
fbem-21453	58	11	.	.	PUNCT
fbem-21453	59	1	threats	threat	NOUN
fbem-21453	59	2	more	more	ADJ
fbem-21453	59	3	competitors	competitor	NOUN
fbem-21453	59	4	for	for	ADP
fbem-21453	59	5	meituan	meituan	NOUN
fbem-21453	59	6	-	-	PUNCT
fbem-21453	59	7	related	relate	VERB
fbem-21453	59	8	businesses	business	NOUN
fbem-21453	59	9	3.3	3.3	NUM
fbem-21453	59	10	.	.	PUNCT
fbem-21453	60	1	accounting	account	VERB
fbem-21453	60	2	analysis	analysis	NOUN
fbem-21453	60	3	3.3.1	3.3.1	NUM
fbem-21453	60	4	.	.	PUNCT
fbem-21453	60	5	asset	asset	NOUN
fbem-21453	60	6	project	project	NOUN
fbem-21453	60	7	analysis	analysis	NOUN
fbem-21453	60	8	table	table	NOUN
fbem-21453	60	9	3	3	NUM
fbem-21453	60	10	.	.	PUNCT
fbem-21453	61	1	assets	asset	NOUN
fbem-21453	61	2	project	project	VERB
fbem-21453	61	3	related	relate	VERB
fbem-21453	61	4	data	datum	NOUN
fbem-21453	61	5	(	(	PUNCT
fbem-21453	61	6	unit	unit	NOUN
fbem-21453	61	7	:	:	PUNCT
fbem-21453	61	8	100	100	NUM
fbem-21453	61	9	million	million	NUM
fbem-21453	61	10	yuan	yuan	NOUN
fbem-21453	61	11	)	)	PUNCT
fbem-21453	61	12	course	course	NOUN
fbem-21453	61	13	/	/	SYM
fbem-21453	61	14	year	year	NOUN
fbem-21453	61	15	2022	2022	NUM
fbem-21453	61	16	2021	2021	NUM
fbem-21453	61	17	2020	2020	NUM
fbem-21453	61	18	2019	2019	NUM
fbem-21453	61	19	2018	2018	NUM
fbem-21453	61	20	inventory	inventory	NOUN
fbem-21453	61	21	11.63	11.63	NUM
fbem-21453	61	22	6.871	6.871	NUM
fbem-21453	61	23	4.665	4.665	NUM
fbem-21453	61	24	2.752	2.752	NUM
fbem-21453	61	25	4.002	4.002	NUM
fbem-21453	61	26	accounts	account	NOUN
fbem-21453	61	27	receivable	receivable	ADJ
fbem-21453	61	28	20.53	20.53	NUM
fbem-21453	61	29	17.93	17.93	NUM
fbem-21453	61	30	10.31	10.31	NUM
fbem-21453	61	31	6.768	6.768	NUM
fbem-21453	61	32	4.663	4.663	NUM
fbem-21453	61	33	cash	cash	NOUN
fbem-21453	61	34	201.6	201.6	NUM
fbem-21453	61	35	325.1	325.1	NUM
fbem-21453	61	36	170.9	170.9	NUM
fbem-21453	61	37	134	134	NUM
fbem-21453	61	38	170.4	170.4	NUM
fbem-21453	61	39	（	（	PUNCT
fbem-21453	61	40	source	source	NOUN
fbem-21453	61	41	:	:	PUNCT
fbem-21453	61	42	eastmoney.com	eastmoney.com	X
fbem-21453	61	43	,	,	PUNCT
fbem-21453	61	44	meituan	meituan	NOUN
fbem-21453	61	45	2018	2018	NUM
fbem-21453	61	46	-	-	PUNCT
fbem-21453	61	47	2022	2022	NUM
fbem-21453	61	48	annual	annual	ADJ
fbem-21453	61	49	report	report	NOUN
fbem-21453	61	50	.	.	PUNCT
fbem-21453	61	51	）	）	PUNCT
fbem-21453	62	1	meituan	meituan	PROPN
fbem-21453	62	2	's	's	PART
fbem-21453	62	3	total	total	ADJ
fbem-21453	62	4	assets	asset	NOUN
fbem-21453	62	5	grew	grow	VERB
fbem-21453	62	6	from	from	ADP
fbem-21453	62	7	120.7	120.7	NUM
fbem-21453	62	8	billion	billion	NUM
fbem-21453	62	9	yuan	yuan	NOUN
fbem-21453	62	10	in	in	ADP
fbem-21453	62	11	2018	2018	NUM
fbem-21453	62	12	to	to	ADP
fbem-21453	62	13	244.5	244.5	NUM
fbem-21453	62	14	billion	billion	NUM
fbem-21453	62	15	yuan	yuan	NOUN
fbem-21453	62	16	in	in	ADP
fbem-21453	62	17	2022	2022	NUM
fbem-21453	62	18	,	,	PUNCT
fbem-21453	62	19	a	a	DET
fbem-21453	62	20	two	two	NUM
fbem-21453	62	21	-	-	PUNCT
fbem-21453	62	22	fold	fold	ADJ
fbem-21453	62	23	increase	increase	NOUN
fbem-21453	62	24	,	,	PUNCT
fbem-21453	62	25	with	with	ADP
fbem-21453	62	26	a	a	DET
fbem-21453	62	27	cagr	cagr	NOUN
fbem-21453	62	28	of	of	ADP
fbem-21453	62	29	18.74	18.74	NUM
fbem-21453	62	30	%	%	NOUN
fbem-21453	62	31	(	(	PUNCT
fbem-21453	62	32	table	table	NOUN
fbem-21453	62	33	3	3	NUM
fbem-21453	62	34	)	)	PUNCT
fbem-21453	62	35	.	.	PUNCT
fbem-21453	63	1	this	this	PRON
fbem-21453	63	2	reflects	reflect	VERB
fbem-21453	63	3	that	that	SCONJ
fbem-21453	63	4	meituan	meituan	PROPN
fbem-21453	63	5	's	's	PART
fbem-21453	63	6	business	business	NOUN
fbem-21453	63	7	continues	continue	VERB
fbem-21453	63	8	to	to	PART
fbem-21453	63	9	grow	grow	VERB
fbem-21453	63	10	,	,	PUNCT
fbem-21453	63	11	and	and	CCONJ
fbem-21453	63	12	its	its	PRON
fbem-21453	63	13	total	total	ADJ
fbem-21453	63	14	assets	asset	NOUN
fbem-21453	63	15	are	be	AUX
fbem-21453	63	16	steadily	steadily	ADV
fbem-21453	63	17	increasing	increase	VERB
fbem-21453	63	18	.	.	PUNCT
fbem-21453	64	1	also	also	ADV
fbem-21453	64	2	,	,	PUNCT
fbem-21453	64	3	inventory	inventory	NOUN
fbem-21453	64	4	shows	show	VERB
fbem-21453	64	5	a	a	DET
fbem-21453	64	6	clear	clear	ADJ
fbem-21453	64	7	growth	growth	NOUN
fbem-21453	64	8	trend	trend	NOUN
fbem-21453	64	9	,	,	PUNCT
fbem-21453	64	10	due	due	ADP
fbem-21453	64	11	to	to	ADP
fbem-21453	64	12	the	the	DET
fbem-21453	64	13	adjustment	adjustment	NOUN
fbem-21453	64	14	of	of	ADP
fbem-21453	64	15	meituan	meituan	PROPN
fbem-21453	64	16	's	's	PART
fbem-21453	64	17	strategy	strategy	NOUN
fbem-21453	64	18	,	,	PUNCT
fbem-21453	64	19	inventory	inventory	NOUN
fbem-21453	64	20	management	management	NOUN
fbem-21453	64	21	has	have	AUX
fbem-21453	64	22	changed	change	VERB
fbem-21453	64	23	,	,	PUNCT
fbem-21453	64	24	and	and	CCONJ
fbem-21453	64	25	inventory	inventory	NOUN
fbem-21453	64	26	has	have	AUX
fbem-21453	64	27	increased	increase	VERB
fbem-21453	64	28	to	to	PART
fbem-21453	64	29	support	support	VERB
fbem-21453	64	30	the	the	DET
fbem-21453	64	31	retail	retail	ADJ
fbem-21453	64	32	strategy	strategy	NOUN
fbem-21453	64	33	.	.	PUNCT
fbem-21453	65	1	in	in	ADP
fbem-21453	65	2	addition	addition	NOUN
fbem-21453	65	3	,	,	PUNCT
fbem-21453	65	4	from	from	ADP
fbem-21453	65	5	the	the	DET
fbem-21453	65	6	growth	growth	NOUN
fbem-21453	65	7	of	of	ADP
fbem-21453	65	8	current	current	ADJ
fbem-21453	65	9	assets	asset	NOUN
fbem-21453	65	10	in	in	ADP
fbem-21453	65	11	the	the	DET
fbem-21453	65	12	table	table	NOUN
fbem-21453	65	13	above	above	ADV
fbem-21453	65	14	,	,	PUNCT
fbem-21453	65	15	the	the	DET
fbem-21453	65	16	liquidity	liquidity	NOUN
fbem-21453	65	17	of	of	ADP
fbem-21453	65	18	meituan	meituan	PROPN
fbem-21453	65	19	's	's	PART
fbem-21453	65	20	assets	asset	NOUN
fbem-21453	65	21	is	be	AUX
fbem-21453	65	22	increasing	increase	VERB
fbem-21453	65	23	,	,	PUNCT
fbem-21453	65	24	having	have	VERB
fbem-21453	65	25	enough	enough	ADJ
fbem-21453	65	26	liquidity	liquidity	NOUN
fbem-21453	65	27	to	to	PART
fbem-21453	65	28	support	support	VERB
fbem-21453	65	29	daily	daily	ADJ
fbem-21453	65	30	operations	operation	NOUN
fbem-21453	65	31	and	and	CCONJ
fbem-21453	65	32	help	help	VERB
fbem-21453	65	33	the	the	DET
fbem-21453	65	34	company	company	NOUN
fbem-21453	65	35	to	to	PART
fbem-21453	65	36	better	well	ADV
fbem-21453	65	37	cope	cope	VERB
fbem-21453	65	38	with	with	ADP
fbem-21453	65	39	unforeseen	unforeseen	ADJ
fbem-21453	65	40	circumstances	circumstance	NOUN
fbem-21453	65	41	or	or	CCONJ
fbem-21453	65	42	make	make	VERB
fbem-21453	65	43	investments	investment	NOUN
fbem-21453	65	44	.	.	PUNCT
fbem-21453	66	1	3.3.2	3.3.2	X
fbem-21453	66	2	.	.	X
fbem-21453	66	3	asset	asset	NOUN
fbem-21453	66	4	project	project	NOUN
fbem-21453	66	5	analysis	analysis	NOUN
fbem-21453	66	6	table	table	NOUN
fbem-21453	66	7	4	4	NUM
fbem-21453	66	8	.	.	PUNCT
fbem-21453	66	9	liability	liability	NOUN
fbem-21453	66	10	project	project	NOUN
fbem-21453	66	11	related	relate	VERB
fbem-21453	66	12	data	datum	NOUN
fbem-21453	66	13	(	(	PUNCT
fbem-21453	66	14	unit	unit	NOUN
fbem-21453	66	15	:	:	PUNCT
fbem-21453	66	16	100	100	NUM
fbem-21453	66	17	million	million	NUM
fbem-21453	66	18	yuan	yuan	NOUN
fbem-21453	66	19	)	)	PUNCT
fbem-21453	66	20	course	course	NOUN
fbem-21453	66	21	/	/	SYM
fbem-21453	66	22	year	year	NOUN
fbem-21453	66	23	2022	2022	NUM
fbem-21453	66	24	2021	2021	NUM
fbem-21453	66	25	2020	2020	NUM
fbem-21453	66	26	2019	2019	NUM
fbem-21453	66	27	2018	2018	NUM
fbem-21453	66	28	accounts	account	NOUN
fbem-21453	66	29	payable	payable	ADJ
fbem-21453	66	30	173.8	173.8	NUM
fbem-21453	66	31	151.7	151.7	NUM
fbem-21453	66	32	119.7	119.7	NUM
fbem-21453	66	33	67.66	67.66	NUM
fbem-21453	66	34	53.41	53.41	NUM
fbem-21453	66	35	current	current	ADJ
fbem-21453	66	36	liabilities	liability	NOUN
fbem-21453	66	37	764.3	764.3	NUM
fbem-21453	66	38	685.9	685.9	NUM
fbem-21453	66	39	511.5	511.5	NUM
fbem-21453	66	40	365.9	365.9	NUM
fbem-21453	66	41	318.3	318.3	NUM
fbem-21453	66	42	non	non	ADJ
fbem-21453	66	43	-	-	ADJ
fbem-21453	66	44	current	current	ADJ
fbem-21453	66	45	liabilities	liability	NOUN
fbem-21453	66	46	393.5	393.5	NUM
fbem-21453	66	47	465.0	465.0	NUM
fbem-21453	66	48	177.9	177.9	NUM
fbem-21453	66	49	33.66	33.66	NUM
fbem-21453	66	50	23.27	23.27	NUM
fbem-21453	66	51	（	（	PUNCT
fbem-21453	66	52	source	source	NOUN
fbem-21453	66	53	:	:	PUNCT
fbem-21453	66	54	eastmoney.com	eastmoney.com	X
fbem-21453	66	55	,	,	PUNCT
fbem-21453	66	56	meituan	meituan	NOUN
fbem-21453	66	57	2018	2018	NUM
fbem-21453	66	58	-	-	PUNCT
fbem-21453	66	59	2022	2022	NUM
fbem-21453	66	60	annual	annual	ADJ
fbem-21453	66	61	report	report	NOUN
fbem-21453	66	62	.	.	PUNCT
fbem-21453	66	63	）	）	PUNCT
fbem-21453	67	1	the	the	DET
fbem-21453	67	2	company	company	NOUN
fbem-21453	67	3	's	's	PART
fbem-21453	67	4	total	total	ADJ
fbem-21453	67	5	liabilities	liability	NOUN
fbem-21453	67	6	grew	grow	VERB
fbem-21453	67	7	from	from	ADP
fbem-21453	67	8	$	$	SYM
fbem-21453	67	9	34.15	34.15	NUM
fbem-21453	67	10	billion	billion	NUM
fbem-21453	67	11	in	in	ADP
fbem-21453	67	12	2018	2018	NUM
fbem-21453	67	13	to	to	ADP
fbem-21453	67	14	$	$	SYM
fbem-21453	67	15	115.8	115.8	NUM
fbem-21453	67	16	billion	billion	NUM
fbem-21453	67	17	in	in	ADP
fbem-21453	67	18	2022	2022	NUM
fbem-21453	67	19	,	,	PUNCT
fbem-21453	67	20	an	an	DET
fbem-21453	67	21	increase	increase	NOUN
fbem-21453	67	22	of	of	ADP
fbem-21453	67	23	3.39	3.39	NUM
fbem-21453	67	24	times	time	NOUN
fbem-21453	67	25	with	with	ADP
fbem-21453	67	26	an	an	DET
fbem-21453	67	27	average	average	ADJ
fbem-21453	67	28	annual	annual	ADJ
fbem-21453	67	29	growth	growth	NOUN
fbem-21453	67	30	rate	rate	NOUN
fbem-21453	67	31	of	of	ADP
fbem-21453	67	32	50.50	50.50	NUM
fbem-21453	67	33	%	%	NOUN
fbem-21453	67	34	(	(	PUNCT
fbem-21453	67	35	table	table	NOUN
fbem-21453	67	36	4	4	NUM
fbem-21453	67	37	)	)	PUNCT
fbem-21453	67	38	.	.	PUNCT
fbem-21453	68	1	current	current	ADJ
fbem-21453	68	2	and	and	CCONJ
fbem-21453	68	3	non	non	ADJ
fbem-21453	68	4	-	-	ADJ
fbem-21453	68	5	current	current	ADJ
fbem-21453	68	6	liabilities	liability	NOUN
fbem-21453	68	7	generally	generally	ADV
fbem-21453	68	8	maintain	maintain	VERB
fbem-21453	68	9	the	the	DET
fbem-21453	68	10	same	same	ADJ
fbem-21453	68	11	growth	growth	NOUN
fbem-21453	68	12	trend	trend	NOUN
fbem-21453	68	13	as	as	ADP
fbem-21453	68	14	total	total	ADJ
fbem-21453	68	15	liabilities	liability	NOUN
fbem-21453	68	16	,	,	PUNCT
fbem-21453	68	17	with	with	ADP
fbem-21453	68	18	an	an	DET
fbem-21453	68	19	average	average	ADJ
fbem-21453	68	20	annual	annual	ADJ
fbem-21453	68	21	growth	growth	NOUN
fbem-21453	68	22	rate	rate	NOUN
fbem-21453	68	23	of	of	ADP
fbem-21453	68	24	78.13	78.13	NUM
fbem-21453	68	25	%	%	NOUN
fbem-21453	68	26	and	and	CCONJ
fbem-21453	68	27	8.54	8.54	NUM
fbem-21453	68	28	%	%	NOUN
fbem-21453	68	29	,	,	PUNCT
fbem-21453	68	30	respectively	respectively	ADV
fbem-21453	68	31	(	(	PUNCT
fbem-21453	68	32	table	table	NOUN
fbem-21453	68	33	4	4	NUM
fbem-21453	68	34	)	)	PUNCT
fbem-21453	68	35	.	.	PUNCT
fbem-21453	69	1	in	in	ADP
fbem-21453	69	2	2022	2022	NUM
fbem-21453	69	3	,	,	PUNCT
fbem-21453	69	4	the	the	DET
fbem-21453	69	5	total	total	ADJ
fbem-21453	69	6	liabilities	liability	NOUN
fbem-21453	69	7	of	of	ADP
fbem-21453	69	8	meituan	meituan	PROPN
fbem-21453	69	9	increased	increase	VERB
fbem-21453	69	10	by	by	ADP
fbem-21453	69	11	0.59	0.59	NUM
fbem-21453	69	12	%	%	NOUN
fbem-21453	69	13	compared	compare	VERB
fbem-21453	69	14	to	to	ADP
fbem-21453	69	15	the	the	DET
fbem-21453	69	16	end	end	NOUN
fbem-21453	69	17	of	of	ADP
fbem-21453	69	18	2021	2021	NUM
fbem-21453	69	19	.	.	PUNCT
fbem-21453	70	1	among	among	ADP
fbem-21453	70	2	them	they	PRON
fbem-21453	70	3	,	,	PUNCT
fbem-21453	70	4	current	current	ADJ
fbem-21453	70	5	liabilities	liability	NOUN
fbem-21453	70	6	increased	increase	VERB
fbem-21453	70	7	by	by	ADP
fbem-21453	70	8	11.43	11.43	NUM
fbem-21453	70	9	%	%	NOUN
fbem-21453	70	10	and	and	CCONJ
fbem-21453	70	11	non	non	ADJ
fbem-21453	70	12	-	-	ADJ
fbem-21453	70	13	current	current	ADJ
fbem-21453	70	14	liabilities	liability	NOUN
fbem-21453	70	15	decreased	decrease	VERB
fbem-21453	70	16	by	by	ADP
fbem-21453	70	17	15.39	15.39	NUM
fbem-21453	70	18	%	%	NOUN
fbem-21453	70	19	(	(	PUNCT
fbem-21453	70	20	table	table	NOUN
fbem-21453	70	21	4	4	NUM
fbem-21453	70	22	)	)	PUNCT
fbem-21453	70	23	.	.	PUNCT
fbem-21453	71	1	the	the	DET
fbem-21453	71	2	growth	growth	NOUN
fbem-21453	71	3	rate	rate	NOUN
fbem-21453	71	4	of	of	ADP
fbem-21453	71	5	short	short	ADJ
fbem-21453	71	6	-	-	PUNCT
fbem-21453	71	7	term	term	NOUN
fbem-21453	71	8	debt	debt	NOUN
fbem-21453	71	9	is	be	AUX
fbem-21453	71	10	higher	high	ADJ
fbem-21453	71	11	than	than	ADP
fbem-21453	71	12	the	the	DET
fbem-21453	71	13	growth	growth	NOUN
fbem-21453	71	14	rate	rate	NOUN
fbem-21453	71	15	of	of	ADP
fbem-21453	71	16	long	long	ADJ
fbem-21453	71	17	-	-	PUNCT
fbem-21453	71	18	term	term	NOUN
fbem-21453	71	19	debt	debt	NOUN
fbem-21453	71	20	,	,	PUNCT
fbem-21453	71	21	which	which	PRON
fbem-21453	71	22	will	will	AUX
fbem-21453	71	23	increase	increase	VERB
fbem-21453	71	24	the	the	DET
fbem-21453	71	25	company	company	NOUN
fbem-21453	71	26	's	's	PART
fbem-21453	71	27	debt	debt	NOUN
fbem-21453	71	28	-	-	PUNCT
fbem-21453	71	29	servicing	servicing	NOUN
fbem-21453	71	30	pressure	pressure	NOUN
fbem-21453	71	31	,	,	PUNCT
fbem-21453	71	32	and	and	CCONJ
fbem-21453	71	33	it	it	PRON
fbem-21453	71	34	needs	need	VERB
fbem-21453	71	35	to	to	PART
fbem-21453	71	36	pay	pay	VERB
fbem-21453	71	37	attention	attention	NOUN
fbem-21453	71	38	to	to	ADP
fbem-21453	71	39	the	the	DET
fbem-21453	71	40	growth	growth	NOUN
fbem-21453	71	41	of	of	ADP
fbem-21453	71	42	the	the	DET
fbem-21453	71	43	debt	debt	NOUN
fbem-21453	71	44	scale	scale	NOUN
fbem-21453	71	45	and	and	CCONJ
fbem-21453	71	46	ensure	ensure	VERB
fbem-21453	71	47	short	short	ADJ
fbem-21453	71	48	-	-	PUNCT
fbem-21453	71	49	term	term	NOUN
fbem-21453	71	50	debt	debt	NOUN
fbem-21453	71	51	-	-	PUNCT
fbem-21453	71	52	servicing	service	VERB
fbem-21453	71	53	capacity	capacity	NOUN
fbem-21453	71	54	and	and	CCONJ
fbem-21453	71	55	financial	financial	ADJ
fbem-21453	71	56	stability	stability	NOUN
fbem-21453	71	57	.	.	PUNCT
fbem-21453	72	1	3.3.3	3.3.3	X
fbem-21453	72	2	.	.	PUNCT
fbem-21453	72	3	earnings	earning	NOUN
fbem-21453	72	4	program	program	NOUN
fbem-21453	72	5	analysis	analysis	NOUN
fbem-21453	72	6	table	table	NOUN
fbem-21453	72	7	5	5	NUM
fbem-21453	72	8	.	.	PUNCT
fbem-21453	72	9	earnings	earning	NOUN
fbem-21453	72	10	project	project	NOUN
fbem-21453	72	11	related	relate	VERB
fbem-21453	72	12	data	datum	NOUN
fbem-21453	72	13	(	(	PUNCT
fbem-21453	72	14	unit	unit	NOUN
fbem-21453	72	15	:	:	PUNCT
fbem-21453	72	16	100	100	NUM
fbem-21453	72	17	million	million	NUM
fbem-21453	72	18	yuan	yuan	NOUN
fbem-21453	72	19	)	)	PUNCT
fbem-21453	72	20	course	course	NOUN
fbem-21453	72	21	/	/	SYM
fbem-21453	72	22	year	year	NOUN
fbem-21453	72	23	2022	2022	NUM
fbem-21453	72	24	2021	2021	NUM
fbem-21453	72	25	2020	2020	NUM
fbem-21453	72	26	2019	2019	NUM
fbem-21453	72	27	2018	2018	NUM
fbem-21453	72	28	operating	operate	VERB
fbem-21453	72	29	income	income	NOUN
fbem-21453	72	30	2200	2200	NUM
fbem-21453	72	31	1791	1791	NUM
fbem-21453	72	32	1148	1148	NUM
fbem-21453	72	33	975.3	975.3	NUM
fbem-21453	72	34	652.3	652.3	NUM
fbem-21453	72	35	operating	operate	VERB
fbem-21453	72	36	cost	cost	NOUN
fbem-21453	72	37	1582	1582	NUM
fbem-21453	72	38	1367	1367	NUM
fbem-21453	72	39	807.4	807.4	NUM
fbem-21453	72	40	652.1	652.1	NUM
fbem-21453	72	41	501.2	501.2	NUM
fbem-21453	72	42	operating	operate	VERB
fbem-21453	72	43	profit	profit	NOUN
fbem-21453	72	44	617.5	617.5	NUM
fbem-21453	72	45	424.7	424.7	NUM
fbem-21453	72	46	340.5	340.5	NUM
fbem-21453	72	47	323.2	323.2	NUM
fbem-21453	72	48	151	151	NUM
fbem-21453	72	49	（	（	NUM
fbem-21453	72	50	source	source	NOUN
fbem-21453	72	51	:	:	PUNCT
fbem-21453	72	52	eastmoney.com	eastmoney.com	X
fbem-21453	72	53	,	,	PUNCT
fbem-21453	72	54	meituan	meituan	NOUN
fbem-21453	72	55	2018	2018	NUM
fbem-21453	72	56	-	-	PUNCT
fbem-21453	72	57	2022	2022	NUM
fbem-21453	72	58	annual	annual	ADJ
fbem-21453	72	59	report	report	NOUN
fbem-21453	72	60	.	.	PUNCT
fbem-21453	72	61	）	）	PUNCT
fbem-21453	73	1	corporate	corporate	ADJ
fbem-21453	73	2	revenues	revenue	NOUN
fbem-21453	73	3	have	have	AUX
fbem-21453	73	4	been	be	AUX
fbem-21453	73	5	trending	trend	VERB
fbem-21453	73	6	up	up	ADP
fbem-21453	73	7	year	year	NOUN
fbem-21453	73	8	-	-	PUNCT
fbem-21453	73	9	on	on	ADP
fbem-21453	73	10	-	-	PUNCT
fbem-21453	73	11	year	year	NOUN
fbem-21453	73	12	,	,	PUNCT
fbem-21453	73	13	with	with	ADP
fbem-21453	73	14	a	a	DET
fbem-21453	73	15	significant	significant	ADJ
fbem-21453	73	16	increase	increase	NOUN
fbem-21453	73	17	in	in	ADP
fbem-21453	73	18	2021	2021	NUM
fbem-21453	73	19	.	.	PUNCT
fbem-21453	74	1	114.8	114.8	NUM
fbem-21453	74	2	billion	billion	NUM
fbem-21453	74	3	dollars	dollar	NOUN
fbem-21453	74	4	in	in	ADP
fbem-21453	74	5	2020	2020	NUM
fbem-21453	74	6	and	and	CCONJ
fbem-21453	74	7	179.1	179.1	NUM
fbem-21453	74	8	billion	billion	NUM
fbem-21453	74	9	dollars	dollar	NOUN
fbem-21453	74	10	in	in	ADP
fbem-21453	74	11	2021	2021	NUM
fbem-21453	74	12	,	,	PUNCT
fbem-21453	74	13	an	an	DET
fbem-21453	74	14	increase	increase	NOUN
fbem-21453	74	15	of	of	ADP
fbem-21453	74	16	56.01	56.01	NUM
fbem-21453	74	17	%	%	NOUN
fbem-21453	74	18	year	year	NOUN
fbem-21453	74	19	-	-	PUNCT
fbem-21453	74	20	on	on	ADP
fbem-21453	74	21	-	-	PUNCT
fbem-21453	74	22	year	year	NOUN
fbem-21453	74	23	(	(	PUNCT
fbem-21453	74	24	table	table	NOUN
fbem-21453	74	25	5	5	NUM
fbem-21453	74	26	)	)	PUNCT
fbem-21453	74	27	.	.	PUNCT
fbem-21453	75	1	corporate	corporate	ADJ
fbem-21453	75	2	net	net	ADJ
fbem-21453	75	3	profit	profit	NOUN
fbem-21453	75	4	has	have	AUX
fbem-21453	75	5	been	be	AUX
fbem-21453	75	6	negative	negative	ADJ
fbem-21453	75	7	,	,	PUNCT
fbem-21453	75	8	but	but	CCONJ
fbem-21453	75	9	the	the	DET
fbem-21453	75	10	overall	overall	ADJ
fbem-21453	75	11	trend	trend	NOUN
fbem-21453	75	12	is	be	AUX
fbem-21453	75	13	in	in	ADP
fbem-21453	75	14	the	the	DET
fbem-21453	75	15	positive	positive	ADJ
fbem-21453	75	16	direction	direction	NOUN
fbem-21453	75	17	.	.	PUNCT
fbem-21453	76	1	meituan	meituan	PROPN
fbem-21453	76	2	’s	’s	PART
fbem-21453	76	3	operating	operating	NOUN
fbem-21453	76	4	costs	cost	NOUN
fbem-21453	76	5	have	have	AUX
fbem-21453	76	6	increased	increase	VERB
fbem-21453	76	7	from	from	ADP
fbem-21453	76	8	50.12	50.12	NUM
fbem-21453	76	9	billion	billion	NUM
fbem-21453	76	10	yuan	yuan	NOUN
fbem-21453	76	11	in	in	ADP
fbem-21453	76	12	2018	2018	NUM
fbem-21453	76	13	to	to	ADP
fbem-21453	76	14	158.2	158.2	NUM
fbem-21453	76	15	billion	billion	NUM
fbem-21453	76	16	yuan	yuan	NOUN
fbem-21453	76	17	in	in	ADP
fbem-21453	76	18	2022	2022	NUM
fbem-21453	76	19	(	(	PUNCT
fbem-21453	76	20	table	table	NOUN
fbem-21453	76	21	5	5	NUM
fbem-21453	76	22	)	)	PUNCT
fbem-21453	76	23	,	,	PUNCT
fbem-21453	76	24	which	which	PRON
fbem-21453	76	25	is	be	AUX
fbem-21453	76	26	due	due	ADJ
fbem-21453	76	27	to	to	ADP
fbem-21453	76	28	the	the	DET
fbem-21453	76	29	large	large	ADJ
fbem-21453	76	30	-	-	PUNCT
fbem-21453	76	31	scale	scale	NOUN
fbem-21453	76	32	increase	increase	NOUN
fbem-21453	76	33	in	in	ADP
fbem-21453	76	34	meituan	meituan	PROPN
fbem-21453	76	35	's	's	PART
fbem-21453	76	36	investment	investment	NOUN
fbem-21453	76	37	in	in	ADP
fbem-21453	76	38	technology	technology	NOUN
fbem-21453	76	39	and	and	CCONJ
fbem-21453	76	40	innovation	innovation	NOUN
fbem-21453	76	41	,	,	PUNCT
fbem-21453	76	42	which	which	PRON
fbem-21453	76	43	has	have	AUX
fbem-21453	76	44	led	lead	VERB
fbem-21453	76	45	to	to	ADP
fbem-21453	76	46	a	a	DET
fbem-21453	76	47	continuous	continuous	ADJ
fbem-21453	76	48	increase	increase	NOUN
fbem-21453	76	49	in	in	ADP
fbem-21453	76	50	operating	operating	NOUN
fbem-21453	76	51	costs	cost	NOUN
fbem-21453	76	52	(	(	PUNCT
fbem-21453	76	53	https://www.meituan.com/	https://www.meituan.com/	NUM
fbem-21453	76	54	)	)	PUNCT
fbem-21453	76	55	.	.	PUNCT
fbem-21453	77	1	meituan	meituan	PROPN
fbem-21453	77	2	has	have	AUX
fbem-21453	77	3	achieved	achieve	VERB
fbem-21453	77	4	significant	significant	ADJ
fbem-21453	77	5	growth	growth	NOUN
fbem-21453	77	6	in	in	ADP
fbem-21453	77	7	operating	operating	NOUN
fbem-21453	77	8	revenue	revenue	NOUN
fbem-21453	77	9	and	and	CCONJ
fbem-21453	77	10	operating	operating	NOUN
fbem-21453	77	11	profit	profit	NOUN
fbem-21453	77	12	over	over	ADP
fbem-21453	77	13	the	the	DET
fbem-21453	77	14	past	past	ADJ
fbem-21453	77	15	five	five	NUM
fbem-21453	77	16	years	year	NOUN
fbem-21453	77	17	,	,	PUNCT
fbem-21453	77	18	but	but	CCONJ
fbem-21453	77	19	its	its	PRON
fbem-21453	77	20	net	net	ADJ
fbem-21453	77	21	profit	profit	NOUN
fbem-21453	77	22	performance	performance	NOUN
fbem-21453	77	23	has	have	AUX
fbem-21453	77	24	been	be	AUX
fbem-21453	77	25	unstable	unstable	ADJ
fbem-21453	77	26	.	.	PUNCT
fbem-21453	78	1	3.4	3.4	NUM
fbem-21453	78	2	.	.	PUNCT
fbem-21453	78	3	financial	financial	ADJ
fbem-21453	78	4	analysis	analysis	NOUN
fbem-21453	78	5	3.4.1	3.4.1	NUM
fbem-21453	78	6	.	.	PUNCT
fbem-21453	78	7	operating	operating	NOUN
fbem-21453	78	8	capacity	capacity	NOUN
fbem-21453	78	9	analysis	analysis	NOUN
fbem-21453	78	10	table	table	NOUN
fbem-21453	78	11	6	6	NUM
fbem-21453	78	12	.	.	PUNCT
fbem-21453	79	1	meituan	meituan	PROPN
fbem-21453	79	2	’s	’s	PART
fbem-21453	79	3	operating	operating	NOUN
fbem-21453	79	4	capacity	capacity	NOUN
fbem-21453	79	5	indicators	indicator	NOUN
fbem-21453	79	6	financial	financial	ADJ
fbem-21453	79	7	indicators	indicator	NOUN
fbem-21453	79	8	2022	2022	NUM
fbem-21453	79	9	2021	2021	NUM
fbem-21453	79	10	2020	2020	NUM
fbem-21453	79	11	2019	2019	NUM
fbem-21453	79	12	2018	2018	NUM
fbem-21453	79	13	accounts	account	NOUN
fbem-21453	79	14	receivable	receivable	ADJ
fbem-21453	79	15	turnover	turnover	NOUN
fbem-21453	79	16	(	(	PUNCT
fbem-21453	79	17	times	time	NOUN
fbem-21453	79	18	)	)	PUNCT
fbem-21453	79	19	114.39	114.39	NUM
fbem-21453	79	20	126.86	126.86	NUM
fbem-21453	79	21	134.44	134.44	NUM
fbem-21453	79	22	170.64	170.64	NUM
fbem-21453	79	23	145.14	145.14	NUM
fbem-21453	79	24	inventory	inventory	NOUN
fbem-21453	79	25	turnover	turnover	NOUN
fbem-21453	79	26	ratio	ratio	NOUN
fbem-21453	79	27	171.54	171.54	NUM
fbem-21453	79	28	238.03	238.03	NUM
fbem-21453	79	29	217.72	217.72	NUM
fbem-21453	79	30	193.07	193.07	NUM
fbem-21453	79	31	205.16	205.16	NUM
fbem-21453	79	32	current	current	ADJ
fbem-21453	79	33	asset	asset	NOUN
fbem-21453	79	34	turnover	turnover	NOUN
fbem-21453	79	35	1.51	1.51	NUM
fbem-21453	79	36	1.52	1.52	NUM
fbem-21453	79	37	1.35	1.35	NUM
fbem-21453	79	38	1.26	1.26	NUM
fbem-21453	79	39	1.02	1.02	NUM
fbem-21453	79	40	（	（	PUNCT
fbem-21453	79	41	source	source	NOUN
fbem-21453	79	42	:	:	PUNCT
fbem-21453	79	43	eastmoney.com	eastmoney.com	X
fbem-21453	79	44	,	,	PUNCT
fbem-21453	79	45	meituan	meituan	NOUN
fbem-21453	79	46	2018	2018	NUM
fbem-21453	79	47	-	-	PUNCT
fbem-21453	79	48	2022	2022	NUM
fbem-21453	79	49	annual	annual	ADJ
fbem-21453	79	50	report	report	NOUN
fbem-21453	79	51	.	.	PUNCT
fbem-21453	79	52	）	）	PUNCT
fbem-21453	80	1	meituan	meituan	PROPN
fbem-21453	80	2	's	's	PART
fbem-21453	80	3	total	total	ADJ
fbem-21453	80	4	asset	asset	NOUN
fbem-21453	80	5	turnover	turnover	NOUN
fbem-21453	80	6	ratio	ratio	NOUN
fbem-21453	80	7	was	be	AUX
fbem-21453	80	8	0.64	0.64	NUM
fbem-21453	80	9	times	time	NOUN
fbem-21453	80	10	/	/	SYM
fbem-21453	80	11	year	year	NOUN
fbem-21453	80	12	in	in	ADP
fbem-21453	80	13	2018	2018	NUM
fbem-21453	80	14	and	and	CCONJ
fbem-21453	80	15	rises	rise	VERB
fbem-21453	80	16	to	to	ADP
fbem-21453	80	17	0.91	0.91	NUM
fbem-21453	80	18	times	time	NOUN
fbem-21453	80	19	/	/	SYM
fbem-21453	80	20	year	year	NOUN
fbem-21453	80	21	in	in	ADP
fbem-21453	80	22	2022	2022	NUM
fbem-21453	80	23	(	(	PUNCT
fbem-21453	80	24	table	table	NOUN
fbem-21453	80	25	6	6	NUM
fbem-21453	80	26	)	)	PUNCT
fbem-21453	80	27	,	,	PUNCT
fbem-21453	80	28	generally	generally	ADV
fbem-21453	80	29	showing	show	VERB
fbem-21453	80	30	an	an	DET
fbem-21453	80	31	upward	upward	ADJ
fbem-21453	80	32	trend	trend	NOUN
fbem-21453	80	33	,	,	PUNCT
fbem-21453	80	34	meituan	meituan	PROPN
fbem-21453	80	35	's	's	PART
fbem-21453	80	36	capital	capital	NOUN
fbem-21453	80	37	turnover	turnover	NOUN
fbem-21453	80	38	speed	speed	NOUN
fbem-21453	80	39	is	be	AUX
fbem-21453	80	40	fast	fast	ADJ
fbem-21453	80	41	,	,	PUNCT
fbem-21453	80	42	the	the	DET
fbem-21453	80	43	operating	operate	VERB
fbem-21453	80	44	effect	effect	NOUN
fbem-21453	80	45	is	be	AUX
fbem-21453	80	46	good	good	ADJ
fbem-21453	80	47	,	,	PUNCT
fbem-21453	80	48	and	and	CCONJ
fbem-21453	80	49	the	the	DET
fbem-21453	80	50	operating	operating	NOUN
fbem-21453	80	51	ability	ability	NOUN
fbem-21453	80	52	is	be	AUX
fbem-21453	80	53	better	well	ADJ
fbem-21453	80	54	.	.	PUNCT
fbem-21453	81	1	also	also	ADV
fbem-21453	81	2	,	,	PUNCT
fbem-21453	81	3	the	the	DET
fbem-21453	81	4	number	number	NOUN
fbem-21453	81	5	of	of	ADP
fbem-21453	81	6	accounts	account	NOUN
fbem-21453	81	7	receivable	receivable	ADJ
fbem-21453	81	8	turnover	turnover	NOUN
fbem-21453	81	9	continues	continue	VERB
fbem-21453	81	10	to	to	PART
fbem-21453	81	11	decline	decline	VERB
fbem-21453	81	12	significantly	significantly	ADV
fbem-21453	81	13	from	from	ADP
fbem-21453	81	14	2018	2018	NUM
fbem-21453	81	15	-	-	SYM
fbem-21453	81	16	2022	2022	NUM
fbem-21453	81	17	,	,	PUNCT
fbem-21453	81	18	indicating	indicate	VERB
fbem-21453	81	19	that	that	SCONJ
fbem-21453	81	20	meituan	meituan	PROPN
fbem-21453	81	21	's	's	PART
fbem-21453	81	22	accounts	account	NOUN
fbem-21453	81	23	receivable	receivable	ADJ
fbem-21453	81	24	circulation	circulation	NOUN
fbem-21453	81	25	speed	speed	NOUN
fbem-21453	81	26	is	be	AUX
fbem-21453	81	27	accelerated	accelerate	VERB
fbem-21453	81	28	,	,	PUNCT
fbem-21453	81	29	and	and	CCONJ
fbem-21453	81	30	the	the	DET
fbem-21453	81	31	speed	speed	NOUN
fbem-21453	81	32	of	of	ADP
fbem-21453	81	33	liquidation	liquidation	NOUN
fbem-21453	81	34	rises	rise	NOUN
fbem-21453	81	35	.	.	PUNCT
fbem-21453	82	1	in	in	ADP
fbem-21453	82	2	addition	addition	NOUN
fbem-21453	82	3	,	,	PUNCT
fbem-21453	82	4	from	from	ADP
fbem-21453	82	5	the	the	DET
fbem-21453	82	6	point	point	NOUN
fbem-21453	82	7	of	of	ADP
fbem-21453	82	8	view	view	NOUN
fbem-21453	82	9	of	of	ADP
fbem-21453	82	10	the	the	DET
fbem-21453	82	11	inventory	inventory	NOUN
fbem-21453	82	12	turnover	turnover	NOUN
fbem-21453	82	13	ratio	ratio	NOUN
fbem-21453	82	14	,	,	PUNCT
fbem-21453	82	15	the	the	DET
fbem-21453	82	16	overall	overall	ADJ
fbem-21453	82	17	inventory	inventory	NOUN
fbem-21453	82	18	turnover	turnover	NOUN
fbem-21453	82	19	ratio	ratio	NOUN
fbem-21453	82	20	has	have	AUX
fbem-21453	82	21	been	be	AUX
fbem-21453	82	22	above	above	ADP
fbem-21453	82	23	150	150	NUM
fbem-21453	82	24	,	,	PUNCT
fbem-21453	82	25	showing	show	VERB
fbem-21453	82	26	a	a	DET
fbem-21453	82	27	downward	downward	ADJ
fbem-21453	82	28	trend	trend	NOUN
fbem-21453	82	29	overall	overall	ADV
fbem-21453	82	30	.	.	PUNCT
fbem-21453	83	1	3.4.2	3.4.2	X
fbem-21453	83	2	.	.	PUNCT
fbem-21453	83	3	debt	debt	NOUN
fbem-21453	83	4	-	-	PUNCT
fbem-21453	83	5	servicing	servicing	NOUN
fbem-21453	83	6	capacity	capacity	NOUN
fbem-21453	83	7	analysis	analysis	NOUN
fbem-21453	83	8	table	table	NOUN
fbem-21453	83	9	7	7	NUM
fbem-21453	83	10	.	.	PUNCT
fbem-21453	84	1	meituan	meituan	PROPN
fbem-21453	84	2	2018	2018	NUM
fbem-21453	84	3	-	-	PUNCT
fbem-21453	84	4	2022	2022	NUM
fbem-21453	84	5	solvency	solvency	NOUN
fbem-21453	84	6	capacity	capacity	NOUN
fbem-21453	84	7	indicator	indicator	NOUN
fbem-21453	84	8	financial	financial	ADJ
fbem-21453	84	9	indicators	indicator	NOUN
fbem-21453	84	10	2022	2022	NUM
fbem-21453	84	11	2021	2021	NUM
fbem-21453	84	12	2020	2020	NUM
fbem-21453	84	13	2019	2019	NUM
fbem-21453	84	14	2018	2018	NUM
fbem-21453	84	15	capitalization	capitalization	NOUN
fbem-21453	84	16	ratio	ratio	NOUN
fbem-21453	84	17	(	(	PUNCT
fbem-21453	84	18	%	%	INTJ
fbem-21453	84	19	)	)	PUNCT
fbem-21453	84	20	0.90	0.90	NUM
fbem-21453	84	21	0.92	0.92	NUM
fbem-21453	84	22	0.71	0.71	NUM
fbem-21453	84	23	0.43	0.43	NUM
fbem-21453	84	24	0.39	0.39	NUM
fbem-21453	84	25	current	current	ADJ
fbem-21453	84	26	ratio	ratio	NOUN
fbem-21453	84	27	1.87	1.87	NUM
fbem-21453	84	28	2.16	2.16	NUM
fbem-21453	84	29	1.73	1.73	NUM
fbem-21453	84	30	2.24	2.24	NUM
fbem-21453	84	31	2.30	2.30	NUM
fbem-21453	84	32	asset	asset	NOUN
fbem-21453	84	33	-	-	PUNCT
fbem-21453	84	34	liability	liability	NOUN
fbem-21453	84	35	ratio	ratio	NOUN
fbem-21453	84	36	47.36	47.36	NUM
fbem-21453	84	37	47.83	47.83	NUM
fbem-21453	84	38	41.39	41.39	NUM
fbem-21453	84	39	30.27	30.27	NUM
fbem-21453	84	40	28.30	28.30	NUM
fbem-21453	84	41	（	（	PUNCT
fbem-21453	84	42	source	source	NOUN
fbem-21453	84	43	:	:	PUNCT
fbem-21453	84	44	eastmoney.com	eastmoney.com	X
fbem-21453	84	45	,	,	PUNCT
fbem-21453	84	46	meituan	meituan	NOUN
fbem-21453	84	47	2018	2018	NUM
fbem-21453	84	48	-	-	PUNCT
fbem-21453	84	49	2022	2022	NUM
fbem-21453	84	50	annual	annual	ADJ
fbem-21453	84	51	report	report	NOUN
fbem-21453	84	52	.	.	PUNCT
fbem-21453	85	1	）	）	PUNCT
fbem-21453	86	1	from	from	ADP
fbem-21453	86	2	2018	2018	NUM
fbem-21453	86	3	to	to	ADP
fbem-21453	86	4	2020	2020	NUM
fbem-21453	86	5	meituan	meituan	PROPN
fbem-21453	86	6	's	's	PART
fbem-21453	86	7	current	current	ADJ
fbem-21453	86	8	ratio	ratio	NOUN
fbem-21453	86	9	has	have	AUX
fbem-21453	86	10	been	be	AUX
fbem-21453	86	11	fluctuating	fluctuate	VERB
fbem-21453	86	12	around	around	ADP
fbem-21453	86	13	2	2	NUM
fbem-21453	86	14	but	but	CCONJ
fbem-21453	86	15	the	the	DET
fbem-21453	86	16	overall	overall	ADJ
fbem-21453	86	17	decline	decline	NOUN
fbem-21453	86	18	in	in	ADP
fbem-21453	86	19	the	the	DET
fbem-21453	86	20	current	current	ADJ
fbem-21453	86	21	ratio	ratio	NOUN
fbem-21453	86	22	,	,	PUNCT
fbem-21453	86	23	especially	especially	ADV
fbem-21453	86	24	in	in	ADP
fbem-21453	86	25	2022	2022	NUM
fbem-21453	86	26	is	be	AUX
fbem-21453	86	27	below	below	ADP
fbem-21453	86	28	2	2	NUM
fbem-21453	86	29	,	,	PUNCT
fbem-21453	86	30	and	and	CCONJ
fbem-21453	86	31	short	short	ADJ
fbem-21453	86	32	-	-	PUNCT
fbem-21453	86	33	term	term	NOUN
fbem-21453	86	34	solvency	solvency	NOUN
fbem-21453	86	35	needs	need	VERB
fbem-21453	86	36	to	to	PART
fbem-21453	86	37	be	be	AUX
fbem-21453	86	38	improved	improve	VERB
fbem-21453	86	39	.	.	PUNCT
fbem-21453	87	1	in	in	ADP
fbem-21453	87	2	addition	addition	NOUN
fbem-21453	87	3	,	,	PUNCT
fbem-21453	87	4	from	from	ADP
fbem-21453	87	5	2018	2018	NUM
fbem-21453	87	6	to	to	ADP
fbem-21453	87	7	2022	2022	NUM
fbem-21453	87	8	,	,	PUNCT
fbem-21453	87	9	the	the	DET
fbem-21453	87	10	capitalization	capitalization	NOUN
fbem-21453	87	11	ratio	ratio	NOUN
fbem-21453	87	12	shows	show	VERB
fbem-21453	87	13	a	a	DET
fbem-21453	87	14	rising	rise	VERB
fbem-21453	87	15	trend	trend	NOUN
fbem-21453	87	16	,	,	PUNCT
fbem-21453	87	17	the	the	DET
fbem-21453	87	18	capitalization	capitalization	NOUN
fbem-21453	87	19	ratio	ratio	NOUN
fbem-21453	87	20	in	in	ADP
fbem-21453	87	21	2022	2022	NUM
fbem-21453	87	22	is	be	AUX
fbem-21453	87	23	0.90	0.90	NUM
fbem-21453	87	24	,	,	PUNCT
fbem-21453	87	25	slightly	slightly	ADV
fbem-21453	87	26	lower	low	ADJ
fbem-21453	87	27	than	than	ADP
fbem-21453	87	28	0.92	0.92	NUM
fbem-21453	87	29	in	in	ADP
fbem-21453	87	30	2021	2021	NUM
fbem-21453	87	31	(	(	PUNCT
fbem-21453	87	32	table	table	NOUN
fbem-21453	87	33	7	7	NUM
fbem-21453	87	34	)	)	PUNCT
fbem-21453	87	35	.	.	PUNCT
fbem-21453	88	1	both	both	CCONJ
fbem-21453	88	2	the	the	DET
fbem-21453	88	3	capitalization	capitalization	NOUN
fbem-21453	88	4	ratio	ratio	NOUN
fbem-21453	88	5	and	and	CCONJ
fbem-21453	88	6	gearing	gear	VERB
fbem-21453	88	7	ratio	ratio	NOUN
fbem-21453	88	8	show	show	VERB
fbem-21453	88	9	an	an	DET
fbem-21453	88	10	309	309	NUM
fbem-21453	88	11	increasing	increase	VERB
fbem-21453	88	12	trend	trend	NOUN
fbem-21453	88	13	,	,	PUNCT
fbem-21453	88	14	indicating	indicate	VERB
fbem-21453	88	15	that	that	SCONJ
fbem-21453	88	16	meituan	meituan	PROPN
fbem-21453	88	17	adopts	adopt	VERB
fbem-21453	88	18	a	a	DET
fbem-21453	88	19	more	more	ADV
fbem-21453	88	20	aggressive	aggressive	ADJ
fbem-21453	88	21	strategy	strategy	NOUN
fbem-21453	88	22	in	in	ADP
fbem-21453	88	23	terms	term	NOUN
fbem-21453	88	24	of	of	ADP
fbem-21453	88	25	expansion	expansion	NOUN
fbem-21453	88	26	and	and	CCONJ
fbem-21453	88	27	investment	investment	NOUN
fbem-21453	88	28	,	,	PUNCT
fbem-21453	88	29	and	and	CCONJ
fbem-21453	88	30	tends	tend	VERB
fbem-21453	88	31	to	to	PART
fbem-21453	88	32	support	support	VERB
fbem-21453	88	33	its	its	PRON
fbem-21453	88	34	growth	growth	NOUN
fbem-21453	88	35	through	through	ADP
fbem-21453	88	36	debt	debt	NOUN
fbem-21453	88	37	financing	financing	NOUN
fbem-21453	88	38	.	.	PUNCT
fbem-21453	89	1	3.4.3	3.4.3	X
fbem-21453	89	2	.	.	PUNCT
fbem-21453	89	3	profitability	profitability	NOUN
fbem-21453	89	4	analysis	analysis	NOUN
fbem-21453	89	5	table	table	NOUN
fbem-21453	89	6	8	8	NUM
fbem-21453	89	7	.	.	PUNCT
fbem-21453	90	1	meituan	meituan	PROPN
fbem-21453	90	2	2018	2018	NUM
fbem-21453	90	3	-	-	PUNCT
fbem-21453	90	4	2022	2022	NUM
fbem-21453	90	5	profitability	profitability	NOUN
fbem-21453	90	6	indicator	indicator	NOUN
fbem-21453	90	7	financial	financial	ADJ
fbem-21453	90	8	indicators	indicator	NOUN
fbem-21453	90	9	2022	2022	NUM
fbem-21453	90	10	2021	2021	NUM
fbem-21453	90	11	2020	2020	NUM
fbem-21453	90	12	2019	2019	NUM
fbem-21453	90	13	2018	2018	NUM
fbem-21453	90	14	gross	gross	ADJ
fbem-21453	90	15	profit	profit	NOUN
fbem-21453	90	16	ratio	ratio	NOUN
fbem-21453	90	17	(	(	PUNCT
fbem-21453	90	18	%	%	INTJ
fbem-21453	90	19	)	)	PUNCT
fbem-21453	90	20	28.08	28.08	NUM
fbem-21453	90	21	23.71	23.71	NUM
fbem-21453	90	22	29.66	29.66	NUM
fbem-21453	90	23	33.14	33.14	NUM
fbem-21453	90	24	23.16	23.16	NUM
fbem-21453	90	25	net	net	ADJ
fbem-21453	90	26	profit	profit	NOUN
fbem-21453	90	27	ratio	ratio	NOUN
fbem-21453	90	28	-3.04	-3.04	NOUN
fbem-21453	90	29	-13.14	-13.14	SYM
fbem-21453	90	30	4.10	4.10	NUM
fbem-21453	90	31	2.29	2.29	NUM
fbem-21453	90	32	-177.07	-177.07	PROPN
fbem-21453	90	33	net	net	ADJ
fbem-21453	90	34	interest	interest	NOUN
fbem-21453	90	35	rate	rate	NOUN
fbem-21453	90	36	of	of	ADP
fbem-21453	90	37	the	the	DET
fbem-21453	90	38	total	total	ADJ
fbem-21453	90	39	assets	asset	NOUN
fbem-21453	90	40	-2.76	-2.76	INTJ
fbem-21453	90	41	-11.56	-11.56	NUM
fbem-21453	90	42	3.15	3.15	NUM
fbem-21453	90	43	1.77	1.77	NUM
fbem-21453	90	44	-113.05	-113.05	PROPN
fbem-21453	90	45	average	average	ADJ
fbem-21453	90	46	net	net	ADJ
fbem-21453	90	47	return	return	NOUN
fbem-21453	90	48	on	on	ADP
fbem-21453	90	49	assets	asset	NOUN
fbem-21453	90	50	-5.26	-5.26	PRON
fbem-21453	90	51	-21.08	-21.08	NUM
fbem-21453	90	52	4.96	4.96	NUM
fbem-21453	90	53	2.51	2.51	NUM
fbem-21453	90	54	-502.67	-502.67	PROPN
fbem-21453	90	55	（	（	PUNCT
fbem-21453	90	56	source	source	NOUN
fbem-21453	90	57	:	:	PUNCT
fbem-21453	90	58	eastmoney.com	eastmoney.com	X
fbem-21453	90	59	,	,	PUNCT
fbem-21453	90	60	meituan	meituan	NOUN
fbem-21453	90	61	2018	2018	NUM
fbem-21453	90	62	-	-	PUNCT
fbem-21453	90	63	2022	2022	NUM
fbem-21453	90	64	annual	annual	ADJ
fbem-21453	90	65	report	report	NOUN
fbem-21453	90	66	.	.	PUNCT
fbem-21453	90	67	）	）	PUNCT
fbem-21453	91	1	meituan	meituan	PROPN
fbem-21453	91	2	's	's	PART
fbem-21453	91	3	gross	gross	ADJ
fbem-21453	91	4	profit	profit	NOUN
fbem-21453	91	5	margin	margin	NOUN
fbem-21453	91	6	increased	increase	VERB
fbem-21453	91	7	from	from	ADP
fbem-21453	91	8	23.16	23.16	NUM
fbem-21453	91	9	%	%	NOUN
fbem-21453	91	10	in	in	ADP
fbem-21453	91	11	2018	2018	NUM
fbem-21453	91	12	to	to	ADP
fbem-21453	91	13	28.08	28.08	NUM
fbem-21453	91	14	%	%	NOUN
fbem-21453	91	15	in	in	ADP
fbem-21453	91	16	2022	2022	NUM
fbem-21453	91	17	(	(	PUNCT
fbem-21453	91	18	table	table	NOUN
fbem-21453	91	19	8)	8)	NUM
fbem-21453	91	20	,	,	PUNCT
fbem-21453	91	21	meituan	meituan	PROPN
fbem-21453	91	22	's	's	PART
fbem-21453	91	23	cost	cost	NOUN
fbem-21453	91	24	control	control	NOUN
fbem-21453	91	25	and	and	CCONJ
fbem-21453	91	26	profitability	profitability	NOUN
fbem-21453	91	27	in	in	ADP
fbem-21453	91	28	selling	sell	VERB
fbem-21453	91	29	goods	good	NOUN
fbem-21453	91	30	or	or	CCONJ
fbem-21453	91	31	providing	provide	VERB
fbem-21453	91	32	services	service	NOUN
fbem-21453	91	33	improved	improve	VERB
fbem-21453	91	34	.	.	PUNCT
fbem-21453	92	1	from	from	ADP
fbem-21453	92	2	2019	2019	NUM
fbem-21453	92	3	to	to	ADP
fbem-21453	92	4	2022	2022	NUM
fbem-21453	92	5	,	,	PUNCT
fbem-21453	92	6	meituan	meituan	PROPN
fbem-21453	92	7	's	's	PART
fbem-21453	92	8	net	net	ADJ
fbem-21453	92	9	profit	profit	NOUN
fbem-21453	92	10	margin	margin	NOUN
fbem-21453	92	11	improved	improve	VERB
fbem-21453	92	12	,	,	PUNCT
fbem-21453	92	13	although	although	SCONJ
fbem-21453	92	14	the	the	DET
fbem-21453	92	15	net	net	ADJ
fbem-21453	92	16	profit	profit	NOUN
fbem-21453	92	17	margin	margin	NOUN
fbem-21453	92	18	in	in	ADP
fbem-21453	92	19	2022	2022	NUM
fbem-21453	92	20	is	be	AUX
fbem-21453	92	21	still	still	ADV
fbem-21453	92	22	-3.04	-3.04	NUM
fbem-21453	92	23	%	%	NOUN
fbem-21453	92	24	(	(	PUNCT
fbem-21453	92	25	table	table	NOUN
fbem-21453	92	26	8)	8)	NUM
fbem-21453	92	27	,	,	PUNCT
fbem-21453	92	28	the	the	DET
fbem-21453	92	29	company	company	NOUN
fbem-21453	92	30	's	's	PART
fbem-21453	92	31	net	net	ADJ
fbem-21453	92	32	profit	profit	NOUN
fbem-21453	92	33	loss	loss	NOUN
fbem-21453	92	34	,	,	PUNCT
fbem-21453	92	35	but	but	CCONJ
fbem-21453	92	36	it	it	PRON
fbem-21453	92	37	performed	perform	VERB
fbem-21453	92	38	better	well	ADV
fbem-21453	92	39	compared	compare	VERB
fbem-21453	92	40	to	to	ADP
fbem-21453	92	41	2018	2018	NUM
fbem-21453	92	42	.	.	PUNCT
fbem-21453	93	1	meituan	meituan	PROPN
fbem-21453	93	2	's	's	PART
fbem-21453	93	3	net	net	ADJ
fbem-21453	93	4	margin	margin	NOUN
fbem-21453	93	5	on	on	ADP
fbem-21453	93	6	total	total	ADJ
fbem-21453	93	7	assets	asset	NOUN
fbem-21453	93	8	decreased	decrease	VERB
fbem-21453	93	9	from	from	ADP
fbem-21453	93	10	-113.05	-113.05	PROPN
fbem-21453	93	11	%	%	NOUN
fbem-21453	93	12	in	in	ADP
fbem-21453	93	13	2018	2018	NUM
fbem-21453	93	14	to	to	ADP
fbem-21453	93	15	-2.76	-2.76	NUM
fbem-21453	93	16	%	%	NOUN
fbem-21453	93	17	in	in	ADP
fbem-21453	93	18	2022	2022	NUM
fbem-21453	93	19	(	(	PUNCT
fbem-21453	93	20	table	table	NOUN
fbem-21453	93	21	8)	8)	NUM
fbem-21453	93	22	.	.	PUNCT
fbem-21453	94	1	the	the	DET
fbem-21453	94	2	company	company	NOUN
fbem-21453	94	3	's	's	PART
fbem-21453	94	4	asset	asset	NOUN
fbem-21453	94	5	utilization	utilization	NOUN
fbem-21453	94	6	efficiency	efficiency	NOUN
fbem-21453	94	7	improved	improve	VERB
fbem-21453	94	8	.	.	PUNCT
fbem-21453	95	1	average	average	ADJ
fbem-21453	95	2	net	net	ADJ
fbem-21453	95	3	assets	asset	NOUN
fbem-21453	95	4	decreased	decrease	VERB
fbem-21453	95	5	from	from	ADP
fbem-21453	95	6	-502.67	-502.67	PROPN
fbem-21453	95	7	%	%	NOUN
fbem-21453	95	8	in	in	ADP
fbem-21453	95	9	2018	2018	NUM
fbem-21453	95	10	to	to	PART
fbem-21453	95	11	-5.26	-5.26	NUM
fbem-21453	95	12	%	%	NOUN
fbem-21453	95	13	in	in	ADP
fbem-21453	95	14	2022(table	2022(table	NUM
fbem-21453	95	15	8)	8)	NUM
fbem-21453	95	16	,	,	PUNCT
fbem-21453	95	17	and	and	CCONJ
fbem-21453	95	18	the	the	DET
fbem-21453	95	19	company	company	NOUN
fbem-21453	95	20	's	's	PART
fbem-21453	95	21	asset	asset	NOUN
fbem-21453	95	22	utilization	utilization	NOUN
fbem-21453	95	23	efficiency	efficiency	NOUN
fbem-21453	95	24	and	and	CCONJ
fbem-21453	95	25	profitability	profitability	NOUN
fbem-21453	95	26	improved	improve	VERB
fbem-21453	95	27	.	.	PUNCT
fbem-21453	96	1	the	the	DET
fbem-21453	96	2	profitability	profitability	NOUN
fbem-21453	96	3	of	of	ADP
fbem-21453	96	4	meituan	meituan	PROPN
fbem-21453	96	5	increased	increase	VERB
fbem-21453	96	6	from	from	ADP
fbem-21453	96	7	2018	2018	NUM
fbem-21453	96	8	-	-	SYM
fbem-21453	96	9	2022	2022	NUM
fbem-21453	96	10	,	,	PUNCT
fbem-21453	96	11	but	but	CCONJ
fbem-21453	96	12	the	the	DET
fbem-21453	96	13	net	net	ADJ
fbem-21453	96	14	profit	profit	NOUN
fbem-21453	96	15	margin	margin	NOUN
fbem-21453	96	16	,	,	PUNCT
fbem-21453	96	17	total	total	ADJ
fbem-21453	96	18	net	net	ADJ
fbem-21453	96	19	asset	asset	NOUN
fbem-21453	96	20	margin	margin	NOUN
fbem-21453	96	21	,	,	PUNCT
fbem-21453	96	22	and	and	CCONJ
fbem-21453	96	23	average	average	ADJ
fbem-21453	96	24	net	net	ADJ
fbem-21453	96	25	return	return	NOUN
fbem-21453	96	26	on	on	ADP
fbem-21453	96	27	assets	asset	NOUN
fbem-21453	96	28	remain	remain	VERB
fbem-21453	96	29	negative	negative	ADJ
fbem-21453	96	30	,	,	PUNCT
fbem-21453	96	31	and	and	CCONJ
fbem-21453	96	32	the	the	DET
fbem-21453	96	33	company	company	NOUN
fbem-21453	96	34	still	still	ADV
fbem-21453	96	35	faces	face	VERB
fbem-21453	96	36	challenges	challenge	NOUN
fbem-21453	96	37	in	in	ADP
fbem-21453	96	38	profitability	profitability	NOUN
fbem-21453	96	39	.	.	PUNCT
fbem-21453	97	1	3.5	3.5	NUM
fbem-21453	97	2	.	.	PUNCT
fbem-21453	98	1	prospect	prospect	NOUN
fbem-21453	98	2	analysis	analysis	NOUN
fbem-21453	98	3	3.5.1	3.5.1	NUM
fbem-21453	98	4	.	.	PUNCT
fbem-21453	99	1	industry	industry	NOUN
fbem-21453	99	2	prospect	prospect	VERB
fbem-21453	99	3	the	the	DET
fbem-21453	99	4	o2o	o2o	NOUN
fbem-21453	99	5	industry	industry	NOUN
fbem-21453	99	6	has	have	VERB
fbem-21453	99	7	a	a	DET
fbem-21453	99	8	better	well	ADJ
fbem-21453	99	9	development	development	NOUN
fbem-21453	99	10	prospect	prospect	NOUN
fbem-21453	99	11	,	,	PUNCT
fbem-21453	99	12	which	which	PRON
fbem-21453	99	13	can	can	AUX
fbem-21453	99	14	be	be	AUX
fbem-21453	99	15	expanded	expand	VERB
fbem-21453	99	16	to	to	ADP
fbem-21453	99	17	all	all	DET
fbem-21453	99	18	areas	area	NOUN
fbem-21453	99	19	of	of	ADP
fbem-21453	99	20	people	people	NOUN
fbem-21453	99	21	's	's	PART
fbem-21453	99	22	lives	life	NOUN
fbem-21453	99	23	.	.	PUNCT
fbem-21453	100	1	the	the	DET
fbem-21453	100	2	development	development	NOUN
fbem-21453	100	3	prospect	prospect	NOUN
fbem-21453	100	4	of	of	ADP
fbem-21453	100	5	o2o	o2o	NOUN
fbem-21453	100	6	is	be	AUX
fbem-21453	100	7	mainly	mainly	ADV
fbem-21453	100	8	manifested	manifest	VERB
fbem-21453	100	9	in	in	ADP
fbem-21453	100	10	the	the	DET
fbem-21453	100	11	fact	fact	NOUN
fbem-21453	100	12	that	that	SCONJ
fbem-21453	100	13	this	this	DET
fbem-21453	100	14	mode	mode	NOUN
fbem-21453	100	15	perfectly	perfectly	ADV
fbem-21453	100	16	transforms	transform	VERB
fbem-21453	100	17	online	online	ADJ
fbem-21453	100	18	user	user	NOUN
fbem-21453	100	19	traffic	traffic	NOUN
fbem-21453	100	20	,	,	PUNCT
fbem-21453	100	21	and	and	CCONJ
fbem-21453	100	22	consumers	consumer	NOUN
fbem-21453	100	23	can	can	AUX
fbem-21453	100	24	preview	preview	VERB
fbem-21453	100	25	products	product	NOUN
fbem-21453	100	26	online	online	ADV
fbem-21453	100	27	and	and	CCONJ
fbem-21453	100	28	enjoy	enjoy	VERB
fbem-21453	100	29	the	the	DET
fbem-21453	100	30	personal	personal	ADJ
fbem-21453	100	31	experience	experience	NOUN
fbem-21453	100	32	in	in	ADP
fbem-21453	100	33	the	the	DET
fbem-21453	100	34	physical	physical	ADJ
fbem-21453	100	35	store	store	NOUN
fbem-21453	100	36	,	,	PUNCT
fbem-21453	100	37	which	which	PRON
fbem-21453	100	38	provides	provide	VERB
fbem-21453	100	39	users	user	NOUN
fbem-21453	100	40	and	and	CCONJ
fbem-21453	100	41	merchants	merchant	NOUN
fbem-21453	100	42	with	with	ADP
fbem-21453	100	43	more	more	ADJ
fbem-21453	100	44	direct	direct	ADJ
fbem-21453	100	45	contact	contact	NOUN
fbem-21453	100	46	and	and	CCONJ
fbem-21453	100	47	communication	communication	NOUN
fbem-21453	100	48	opportunities	opportunity	NOUN
fbem-21453	100	49	[	[	X
fbem-21453	100	50	19	19	NUM
fbem-21453	100	51	]	]	PUNCT
fbem-21453	100	52	.	.	PUNCT
fbem-21453	101	1	meanwhile	meanwhile	ADV
fbem-21453	101	2	,	,	PUNCT
fbem-21453	101	3	the	the	DET
fbem-21453	101	4	o2o	o2o	NOUN
fbem-21453	101	5	model	model	NOUN
fbem-21453	101	6	can	can	AUX
fbem-21453	101	7	work	work	VERB
fbem-21453	101	8	with	with	ADP
fbem-21453	101	9	other	other	ADJ
fbem-21453	101	10	forms	form	NOUN
fbem-21453	101	11	of	of	ADP
fbem-21453	101	12	e	e	NOUN
fbem-21453	101	13	-	-	NOUN
fbem-21453	101	14	commerce	commerce	NOUN
fbem-21453	101	15	to	to	PART
fbem-21453	101	16	attract	attract	VERB
fbem-21453	101	17	potential	potential	ADJ
fbem-21453	101	18	customers	customer	NOUN
fbem-21453	101	19	and	and	CCONJ
fbem-21453	101	20	thus	thus	ADV
fbem-21453	101	21	increase	increase	VERB
fbem-21453	101	22	sales	sale	NOUN
fbem-21453	101	23	.	.	PUNCT
fbem-21453	102	1	3.5.2	3.5.2	X
fbem-21453	102	2	.	.	PUNCT
fbem-21453	102	3	company	company	NOUN
fbem-21453	102	4	prospect	prospect	NOUN
fbem-21453	102	5	in	in	ADP
fbem-21453	102	6	2021	2021	NUM
fbem-21453	102	7	,	,	PUNCT
fbem-21453	102	8	meituan	meituan	PROPN
fbem-21453	102	9	's	's	PART
fbem-21453	102	10	strategy	strategy	NOUN
fbem-21453	102	11	officially	officially	ADV
fbem-21453	102	12	upgraded	upgrade	VERB
fbem-21453	102	13	from	from	ADP
fbem-21453	102	14	"	"	PUNCT
fbem-21453	102	15	food	food	NOUN
fbem-21453	102	16	+	+	CCONJ
fbem-21453	102	17	platform	platform	NOUN
fbem-21453	102	18	"	"	PUNCT
fbem-21453	102	19	to	to	ADP
fbem-21453	102	20	"	"	PUNCT
fbem-21453	102	21	retail	retail	ADJ
fbem-21453	102	22	+	+	CCONJ
fbem-21453	102	23	technology	technology	NOUN
fbem-21453	102	24	"	"	PUNCT
fbem-21453	102	25	,	,	PUNCT
fbem-21453	102	26	since	since	SCONJ
fbem-21453	102	27	then	then	ADV
fbem-21453	102	28	meituan	meituan	PROPN
fbem-21453	102	29	's	's	PART
fbem-21453	102	30	image	image	NOUN
fbem-21453	102	31	has	have	AUX
fbem-21453	102	32	been	be	AUX
fbem-21453	102	33	established	establish	VERB
fbem-21453	102	34	as	as	ADP
fbem-21453	102	35	a	a	DET
fbem-21453	102	36	technology	technology	NOUN
fbem-21453	102	37	retail	retail	ADJ
fbem-21453	102	38	company	company	NOUN
fbem-21453	102	39	.	.	PUNCT
fbem-21453	103	1	with	with	ADP
fbem-21453	103	2	the	the	DET
fbem-21453	103	3	establishment	establishment	NOUN
fbem-21453	103	4	of	of	ADP
fbem-21453	103	5	this	this	DET
fbem-21453	103	6	strategy	strategy	NOUN
fbem-21453	103	7	,	,	PUNCT
fbem-21453	103	8	meituan	meituan	PROPN
fbem-21453	103	9	will	will	AUX
fbem-21453	103	10	usher	usher	PROPN
fbem-21453	103	11	in	in	ADP
fbem-21453	103	12	a	a	DET
fbem-21453	103	13	broader	broad	ADJ
fbem-21453	103	14	development	development	NOUN
fbem-21453	103	15	prospect	prospect	NOUN
fbem-21453	103	16	.	.	PUNCT
fbem-21453	104	1	instead	instead	ADV
fbem-21453	104	2	of	of	ADP
fbem-21453	104	3	limiting	limit	VERB
fbem-21453	104	4	itself	itself	PRON
fbem-21453	104	5	to	to	ADP
fbem-21453	104	6	a	a	DET
fbem-21453	104	7	food	food	NOUN
fbem-21453	104	8	delivery	delivery	NOUN
fbem-21453	104	9	platform	platform	NOUN
fbem-21453	104	10	,	,	PUNCT
fbem-21453	104	11	meituan	meituan	PROPN
fbem-21453	104	12	will	will	AUX
fbem-21453	104	13	expand	expand	VERB
fbem-21453	104	14	into	into	ADP
fbem-21453	104	15	the	the	DET
fbem-21453	104	16	retail	retail	ADJ
fbem-21453	104	17	space	space	NOUN
fbem-21453	104	18	.	.	PUNCT
fbem-21453	105	1	by	by	ADP
fbem-21453	105	2	offering	offer	VERB
fbem-21453	105	3	a	a	DET
fbem-21453	105	4	wider	wide	ADJ
fbem-21453	105	5	range	range	NOUN
fbem-21453	105	6	of	of	ADP
fbem-21453	105	7	retail	retail	ADJ
fbem-21453	105	8	products	product	NOUN
fbem-21453	105	9	and	and	CCONJ
fbem-21453	105	10	services	service	NOUN
fbem-21453	105	11	,	,	PUNCT
fbem-21453	105	12	the	the	DET
fbem-21453	105	13	company	company	NOUN
fbem-21453	105	14	will	will	AUX
fbem-21453	105	15	be	be	AUX
fbem-21453	105	16	able	able	ADJ
fbem-21453	105	17	to	to	PART
fbem-21453	105	18	diversify	diversify	VERB
fbem-21453	105	19	into	into	ADP
fbem-21453	105	20	different	different	ADJ
fbem-21453	105	21	areas	area	NOUN
fbem-21453	105	22	.	.	PUNCT
fbem-21453	106	1	in	in	ADP
fbem-21453	106	2	addition	addition	NOUN
fbem-21453	106	3	,	,	PUNCT
fbem-21453	106	4	meituan	meituan	PROPN
fbem-21453	106	5	has	have	AUX
fbem-21453	106	6	made	make	VERB
fbem-21453	106	7	technology	technology	NOUN
fbem-21453	106	8	a	a	DET
fbem-21453	106	9	strategic	strategic	ADJ
fbem-21453	106	10	priority	priority	NOUN
fbem-21453	106	11	,	,	PUNCT
fbem-21453	106	12	with	with	ADP
fbem-21453	106	13	r&d	r&d	NOUN
fbem-21453	106	14	spending	spending	NOUN
fbem-21453	106	15	to	to	ADP
fbem-21453	106	16	a	a	DET
fbem-21453	106	17	record	record	NOUN
fbem-21453	106	18	high	high	NOUN
fbem-21453	106	19	of	of	ADP
fbem-21453	106	20	20.7	20.7	NUM
fbem-21453	106	21	billion	billion	NUM
fbem-21453	106	22	yuan	yuan	NOUN
fbem-21453	106	23	in	in	ADP
fbem-21453	106	24	2022	2022	NUM
fbem-21453	106	25	,	,	PUNCT
fbem-21453	106	26	which	which	PRON
fbem-21453	106	27	will	will	AUX
fbem-21453	106	28	provide	provide	VERB
fbem-21453	106	29	a	a	DET
fbem-21453	106	30	strong	strong	ADJ
fbem-21453	106	31	impetus	impetus	NOUN
fbem-21453	106	32	to	to	ADP
fbem-21453	106	33	its	its	PRON
fbem-21453	106	34	business	business	NOUN
fbem-21453	106	35	growth.(https://www.meituan.com	growth.(https://www.meituan.com	NOUN
fbem-21453	106	36	/	/	SYM
fbem-21453	106	37	news	news	PROPN
fbem-21453	106	38	/	/	SYM
fbem-21453	106	39	nn2304070010	nn2304070010	PROPN
fbem-21453	106	40	56474	56474	NUM
fbem-21453	106	41	)	)	PUNCT
fbem-21453	106	42	.	.	PUNCT
fbem-21453	107	1	by	by	ADP
fbem-21453	107	2	investing	invest	VERB
fbem-21453	107	3	in	in	ADP
fbem-21453	107	4	r&d	r&d	NOUN
fbem-21453	107	5	and	and	CCONJ
fbem-21453	107	6	innovation	innovation	NOUN
fbem-21453	107	7	and	and	CCONJ
fbem-21453	107	8	utilizing	utilize	VERB
fbem-21453	107	9	artificial	artificial	ADJ
fbem-21453	107	10	intelligence	intelligence	NOUN
fbem-21453	107	11	,	,	PUNCT
fbem-21453	107	12	big	big	ADJ
fbem-21453	107	13	data	datum	NOUN
fbem-21453	107	14	analysis	analysis	NOUN
fbem-21453	107	15	,	,	PUNCT
fbem-21453	107	16	and	and	CCONJ
fbem-21453	107	17	other	other	ADJ
fbem-21453	107	18	technological	technological	ADJ
fbem-21453	107	19	means	mean	NOUN
fbem-21453	107	20	to	to	PART
fbem-21453	107	21	improve	improve	VERB
fbem-21453	107	22	the	the	DET
fbem-21453	107	23	quality	quality	NOUN
fbem-21453	107	24	and	and	CCONJ
fbem-21453	107	25	efficiency	efficiency	NOUN
fbem-21453	107	26	of	of	ADP
fbem-21453	107	27	its	its	PRON
fbem-21453	107	28	products	product	NOUN
fbem-21453	107	29	and	and	CCONJ
fbem-21453	107	30	services	service	NOUN
fbem-21453	107	31	,	,	PUNCT
fbem-21453	107	32	user	user	NOUN
fbem-21453	107	33	satisfaction	satisfaction	NOUN
fbem-21453	107	34	,	,	PUNCT
fbem-21453	107	35	and	and	CCONJ
fbem-21453	107	36	market	market	NOUN
fbem-21453	107	37	competitiveness	competitiveness	NOUN
fbem-21453	107	38	,	,	PUNCT
fbem-21453	107	39	it	it	PRON
fbem-21453	107	40	can	can	AUX
fbem-21453	107	41	further	far	ADV
fbem-21453	107	42	consolidate	consolidate	VERB
fbem-21453	107	43	its	its	PRON
fbem-21453	107	44	leading	lead	VERB
fbem-21453	107	45	position	position	NOUN
fbem-21453	107	46	in	in	ADP
fbem-21453	107	47	the	the	DET
fbem-21453	107	48	industry	industry	NOUN
fbem-21453	107	49	.	.	PUNCT
fbem-21453	108	1	figure	figure	NOUN
fbem-21453	108	2	1	1	NUM
fbem-21453	108	3	.	.	PUNCT
fbem-21453	108	4	trend	trend	NOUN
fbem-21453	108	5	of	of	ADP
fbem-21453	108	6	meituan	meituan	PROPN
fbem-21453	108	7	's	's	PART
fbem-21453	108	8	r&d	r&d	NOUN
fbem-21453	108	9	expenditure	expenditure	NOUN
fbem-21453	108	10	(	(	PUNCT
fbem-21453	108	11	unit	unit	NOUN
fbem-21453	108	12	:	:	PUNCT
fbem-21453	108	13	100	100	NUM
fbem-21453	108	14	million	million	NUM
fbem-21453	108	15	yuan	yuan	NOUN
fbem-21453	108	16	)	)	PUNCT
fbem-21453	109	1	（	（	PUNCT
fbem-21453	110	1	source	source	NOUN
fbem-21453	110	2	:	:	PUNCT
fbem-21453	110	3	eastmoney.com	eastmoney.com	X
fbem-21453	110	4	,	,	PUNCT
fbem-21453	110	5	meituan	meituan	NOUN
fbem-21453	110	6	2018	2018	NUM
fbem-21453	110	7	-	-	PUNCT
fbem-21453	110	8	2022	2022	NUM
fbem-21453	110	9	annual	annual	ADJ
fbem-21453	110	10	report	report	NOUN
fbem-21453	110	11	.	.	PUNCT
fbem-21453	110	12	）	）	PUNCT
fbem-21453	111	1	4	4	X
fbem-21453	111	2	.	.	PUNCT
fbem-21453	111	3	problems	problem	NOUN
fbem-21453	111	4	with	with	ADP
fbem-21453	111	5	the	the	DET
fbem-21453	111	6	development	development	NOUN
fbem-21453	111	7	of	of	ADP
fbem-21453	111	8	meituan	meituan	PROPN
fbem-21453	111	9	in	in	ADP
fbem-21453	111	10	the	the	DET
fbem-21453	111	11	harvard	harvard	PROPN
fbem-21453	111	12	analytical	analytical	ADJ
fbem-21453	111	13	framework	framework	NOUN
fbem-21453	111	14	4.1	4.1	NUM
fbem-21453	111	15	.	.	PUNCT
fbem-21453	112	1	strategic	strategic	ADJ
fbem-21453	112	2	analytical	analytical	ADJ
fbem-21453	112	3	aspects	aspect	NOUN
fbem-21453	112	4	from	from	ADP
fbem-21453	112	5	the	the	DET
fbem-21453	112	6	analysis	analysis	NOUN
fbem-21453	112	7	of	of	ADP
fbem-21453	112	8	table	table	NOUN
fbem-21453	112	9	2	2	NUM
fbem-21453	112	10	,	,	PUNCT
fbem-21453	112	11	the	the	DET
fbem-21453	112	12	homogenization	homogenization	NOUN
fbem-21453	112	13	of	of	ADP
fbem-21453	112	14	meituan	meituan	PROPN
fbem-21453	112	15	's	's	PART
fbem-21453	112	16	current	current	ADJ
fbem-21453	112	17	existing	exist	VERB
fbem-21453	112	18	business	business	NOUN
fbem-21453	112	19	is	be	AUX
fbem-21453	112	20	more	more	ADV
fbem-21453	112	21	serious	serious	ADJ
fbem-21453	112	22	.	.	PUNCT
fbem-21453	113	1	with	with	ADP
fbem-21453	113	2	the	the	DET
fbem-21453	113	3	development	development	NOUN
fbem-21453	113	4	of	of	ADP
fbem-21453	113	5	the	the	DET
fbem-21453	113	6	o2o	o2o	NOUN
fbem-21453	113	7	field	field	NOUN
fbem-21453	113	8	,	,	PUNCT
fbem-21453	113	9	more	more	ADJ
fbem-21453	113	10	and	and	CCONJ
fbem-21453	113	11	more	more	ADJ
fbem-21453	113	12	companies	company	NOUN
fbem-21453	113	13	choose	choose	VERB
fbem-21453	113	14	to	to	PART
fbem-21453	113	15	enter	enter	VERB
fbem-21453	113	16	the	the	DET
fbem-21453	113	17	o2o	o2o	NOUN
fbem-21453	113	18	field	field	NOUN
fbem-21453	113	19	.	.	PUNCT
fbem-21453	114	1	meituan	meituan	PROPN
fbem-21453	114	2	's	's	PART
fbem-21453	114	3	major	major	ADJ
fbem-21453	114	4	businesses	business	NOUN
fbem-21453	114	5	in	in	ADP
fbem-21453	114	6	takeaway	takeaway	PROPN
fbem-21453	114	7	,	,	PUNCT
fbem-21453	114	8	online	online	ADJ
fbem-21453	114	9	accommodation	accommodation	NOUN
fbem-21453	114	10	,	,	PUNCT
fbem-21453	114	11	and	and	CCONJ
fbem-21453	114	12	travel	travel	NOUN
fbem-21453	114	13	are	be	AUX
fbem-21453	114	14	like	like	ADP
fbem-21453	114	15	the	the	DET
fbem-21453	114	16	services	service	NOUN
fbem-21453	114	17	provided	provide	VERB
fbem-21453	114	18	by	by	ADP
fbem-21453	114	19	its	its	PRON
fbem-21453	114	20	industry	industry	NOUN
fbem-21453	114	21	competitors	competitor	NOUN
fbem-21453	114	22	.	.	PUNCT
fbem-21453	115	1	in	in	ADP
fbem-21453	115	2	addition	addition	NOUN
fbem-21453	115	3	,	,	PUNCT
fbem-21453	115	4	meituan	meituan	PROPN
fbem-21453	115	5	's	's	PART
fbem-21453	115	6	existing	exist	VERB
fbem-21453	115	7	business	business	NOUN
fbem-21453	115	8	has	have	VERB
fbem-21453	115	9	limited	limit	VERB
fbem-21453	115	10	profitability	profitability	NOUN
fbem-21453	115	11	.	.	PUNCT
fbem-21453	116	1	meituan	meituan	PROPN
fbem-21453	116	2	's	's	PART
fbem-21453	116	3	takeaway	takeaway	PROPN
fbem-21453	116	4	business	business	NOUN
fbem-21453	116	5	accounts	account	VERB
fbem-21453	116	6	for	for	ADP
fbem-21453	116	7	most	most	ADJ
fbem-21453	116	8	of	of	ADP
fbem-21453	116	9	its	its	PRON
fbem-21453	116	10	earnings	earning	NOUN
fbem-21453	116	11	revenue	revenue	NOUN
fbem-21453	116	12	and	and	CCONJ
fbem-21453	116	13	its	its	PRON
fbem-21453	116	14	profitability	profitability	NOUN
fbem-21453	116	15	space	space	NOUN
fbem-21453	116	16	is	be	AUX
fbem-21453	116	17	limited	limit	VERB
fbem-21453	116	18	due	due	ADP
fbem-21453	116	19	to	to	ADP
fbem-21453	116	20	the	the	DET
fbem-21453	116	21	nature	nature	NOUN
fbem-21453	116	22	of	of	ADP
fbem-21453	116	23	the	the	DET
fbem-21453	116	24	takeaway	takeaway	PROPN
fbem-21453	116	25	business	business	NOUN
fbem-21453	116	26	.	.	PUNCT
fbem-21453	117	1	4.2	4.2	NUM
fbem-21453	117	2	.	.	PUNCT
fbem-21453	118	1	accounting	account	VERB
fbem-21453	118	2	analytical	analytical	ADJ
fbem-21453	118	3	aspects	aspect	NOUN
fbem-21453	118	4	table	table	NOUN
fbem-21453	118	5	9	9	NUM
fbem-21453	118	6	.	.	PUNCT
fbem-21453	118	7	data	datum	NOUN
fbem-21453	118	8	related	relate	VERB
fbem-21453	118	9	to	to	ADP
fbem-21453	118	10	meituan	meituan	PROPN
fbem-21453	118	11	's	's	PART
fbem-21453	118	12	income	income	NOUN
fbem-21453	118	13	statement	statement	NOUN
fbem-21453	118	14	(	(	PUNCT
fbem-21453	118	15	unit	unit	NOUN
fbem-21453	118	16	:	:	PUNCT
fbem-21453	118	17	100	100	NUM
fbem-21453	118	18	million	million	NUM
fbem-21453	118	19	yuan	yuan	NOUN
fbem-21453	118	20	)	)	PUNCT
fbem-21453	118	21	course	course	NOUN
fbem-21453	118	22	/	/	SYM
fbem-21453	118	23	year	year	NOUN
fbem-21453	118	24	2022	2022	NUM
fbem-21453	118	25	2021	2021	NUM
fbem-21453	118	26	2020	2020	NUM
fbem-21453	118	27	2019	2019	NUM
fbem-21453	118	28	2018	2018	NUM
fbem-21453	118	29	sales	sale	NOUN
fbem-21453	118	30	and	and	CCONJ
fbem-21453	118	31	marketing	marketing	NOUN
fbem-21453	118	32	expenses	expense	VERB
fbem-21453	118	33	397.5	397.5	NUM
fbem-21453	118	34	406.8	406.8	NUM
fbem-21453	118	35	208.8	208.8	NUM
fbem-21453	118	36	188.2	188.2	NUM
fbem-21453	118	37	158.7	158.7	NUM
fbem-21453	118	38	general	general	ADJ
fbem-21453	118	39	and	and	CCONJ
fbem-21453	118	40	administrative	administrative	ADJ
fbem-21453	118	41	expenses	expense	NOUN
fbem-21453	118	42	97.72	97.72	NUM
fbem-21453	118	43	86.13	86.13	NUM
fbem-21453	118	44	55.94	55.94	NUM
fbem-21453	118	45	43.39	43.39	NUM
fbem-21453	118	46	55.46	55.46	NUM
fbem-21453	118	47	r&d	r&d	NOUN
fbem-21453	118	48	expenditures	expenditure	VERB
fbem-21453	118	49	207.4	207.4	NUM
fbem-21453	118	50	166.8	166.8	NUM
fbem-21453	118	51	108.9	108.9	NUM
fbem-21453	118	52	84.46	84.46	NUM
fbem-21453	118	53	70.72	70.72	NUM
fbem-21453	118	54	finance	finance	NOUN
fbem-21453	118	55	expenses	expense	VERB
fbem-21453	118	56	16.29	16.29	NUM
fbem-21453	118	57	11.31	11.31	NUM
fbem-21453	118	58	3.700	3.700	NUM
fbem-21453	118	59	1.910	1.910	NUM
fbem-21453	118	60	0.4473	0.4473	NUM
fbem-21453	118	61	（	（	PUNCT
fbem-21453	118	62	source	source	NOUN
fbem-21453	118	63	:	:	PUNCT
fbem-21453	118	64	eastmoney.com	eastmoney.com	X
fbem-21453	118	65	,	,	PUNCT
fbem-21453	118	66	meituan	meituan	NOUN
fbem-21453	118	67	2018	2018	NUM
fbem-21453	118	68	-	-	PUNCT
fbem-21453	118	69	2022	2022	NUM
fbem-21453	118	70	annual	annual	ADJ
fbem-21453	118	71	report	report	NOUN
fbem-21453	118	72	.	.	PUNCT
fbem-21453	118	73	）	）	PUNCT
fbem-21453	119	1	the	the	DET
fbem-21453	119	2	performance	performance	NOUN
fbem-21453	119	3	of	of	ADP
fbem-21453	119	4	meituan	meituan	PROPN
fbem-21453	119	5	's	's	PART
fbem-21453	119	6	net	net	ADJ
fbem-21453	119	7	profit	profit	NOUN
fbem-21453	119	8	is	be	AUX
fbem-21453	119	9	unstable	unstable	ADJ
fbem-21453	119	10	,	,	PUNCT
fbem-21453	119	11	with	with	ADP
fbem-21453	119	12	a	a	DET
fbem-21453	119	13	negative	negative	ADJ
fbem-21453	119	14	net	net	ADJ
fbem-21453	119	15	profit	profit	NOUN
fbem-21453	119	16	for	for	ADP
fbem-21453	119	17	the	the	DET
fbem-21453	119	18	last	last	ADJ
fbem-21453	119	19	two	two	NUM
fbem-21453	119	20	years	year	NOUN
fbem-21453	119	21	(	(	PUNCT
fbem-21453	119	22	table	table	NOUN
fbem-21453	119	23	5	5	NUM
fbem-21453	119	24	)	)	PUNCT
fbem-21453	119	25	.	.	PUNCT
fbem-21453	120	1	as	as	SCONJ
fbem-21453	120	2	shown	show	VERB
fbem-21453	120	3	in	in	ADP
fbem-21453	120	4	table	table	NOUN
fbem-21453	120	5	9	9	NUM
fbem-21453	120	6	,	,	PUNCT
fbem-21453	120	7	the	the	DET
fbem-21453	120	8	biggest	big	ADJ
fbem-21453	120	9	impact	impact	NOUN
fbem-21453	120	10	on	on	ADP
fbem-21453	120	11	meituan	meituan	PROPN
fbem-21453	120	12	's	's	PART
fbem-21453	120	13	net	net	ADJ
fbem-21453	120	14	profit	profit	NOUN
fbem-21453	120	15	is	be	AUX
fbem-21453	120	16	sales	sale	NOUN
fbem-21453	120	17	and	and	CCONJ
fbem-21453	120	18	marketing	marketing	NOUN
fbem-21453	120	19	expenses	expense	NOUN
fbem-21453	120	20	.	.	PUNCT
fbem-21453	121	1	in	in	ADP
fbem-21453	121	2	the	the	DET
fbem-21453	121	3	past	past	ADJ
fbem-21453	121	4	five	five	NUM
fbem-21453	121	5	years	year	NOUN
fbem-21453	121	6	,	,	PUNCT
fbem-21453	121	7	meituan	meituan	PROPN
fbem-21453	121	8	's	's	PART
fbem-21453	121	9	sales	sale	NOUN
fbem-21453	121	10	and	and	CCONJ
fbem-21453	121	11	marketing	marketing	NOUN
fbem-21453	121	12	expenses	expense	NOUN
fbem-21453	121	13	were	be	AUX
fbem-21453	121	14	high	high	ADJ
fbem-21453	121	15	.	.	PUNCT
fbem-21453	122	1	due	due	ADP
fbem-21453	122	2	to	to	ADP
fbem-21453	122	3	the	the	DET
fbem-21453	122	4	fierce	fierce	ADJ
fbem-21453	122	5	competition	competition	NOUN
fbem-21453	122	6	in	in	ADP
fbem-21453	122	7	the	the	DET
fbem-21453	122	8	market	market	NOUN
fbem-21453	122	9	,	,	PUNCT
fbem-21453	122	10	meituan	meituan	PROPN
fbem-21453	122	11	needs	need	VERB
fbem-21453	122	12	to	to	PART
fbem-21453	122	13	subsidize	subsidize	VERB
fbem-21453	122	14	to	to	PART
fbem-21453	122	15	attract	attract	VERB
fbem-21453	122	16	and	and	CCONJ
fbem-21453	122	17	retain	retain	VERB
fbem-21453	122	18	users	user	NOUN
fbem-21453	122	19	and	and	CCONJ
fbem-21453	122	20	merchants	merchant	NOUN
fbem-21453	122	21	,	,	PUNCT
fbem-21453	122	22	resulting	result	VERB
fbem-21453	122	23	in	in	ADP
fbem-21453	122	24	high	high	ADJ
fbem-21453	122	25	selling	selling	NOUN
fbem-21453	122	26	and	and	CCONJ
fbem-21453	122	27	marketing	marketing	NOUN
fbem-21453	122	28	expenses	expense	NOUN
fbem-21453	122	29	.	.	PUNCT
fbem-21453	123	1	in	in	ADP
fbem-21453	123	2	addition	addition	NOUN
fbem-21453	123	3	,	,	PUNCT
fbem-21453	123	4	meituan	meituan	PROPN
fbem-21453	123	5	's	's	PART
fbem-21453	123	6	research	research	NOUN
fbem-21453	123	7	and	and	CCONJ
fbem-21453	123	8	development	development	NOUN
fbem-21453	123	9	expenses	expense	NOUN
fbem-21453	123	10	continued	continue	VERB
fbem-21453	123	11	to	to	PART
fbem-21453	123	12	increase	increase	VERB
fbem-21453	123	13	due	due	ADJ
fbem-21453	123	14	to	to	ADP
fbem-21453	123	15	changes	change	NOUN
fbem-21453	123	16	in	in	ADP
fbem-21453	123	17	the	the	DET
fbem-21453	123	18	company	company	NOUN
fbem-21453	123	19	's	's	PART
fbem-21453	123	20	strategy	strategy	NOUN
fbem-21453	123	21	.	.	PUNCT
fbem-21453	124	1	in	in	ADP
fbem-21453	124	2	addition	addition	NOUN
fbem-21453	124	3	,	,	PUNCT
fbem-21453	124	4	general	general	ADJ
fbem-21453	124	5	and	and	CCONJ
fbem-21453	124	6	administrative	administrative	ADJ
fbem-21453	124	7	expenses	expense	NOUN
fbem-21453	124	8	and	and	CCONJ
fbem-21453	124	9	finance	finance	NOUN
fbem-21453	124	10	costs	cost	NOUN
fbem-21453	124	11	have	have	AUX
fbem-21453	124	12	also	also	ADV
fbem-21453	124	13	been	be	AUX
fbem-21453	124	14	increasing	increase	VERB
fbem-21453	124	15	in	in	ADP
fbem-21453	124	16	recent	recent	ADJ
fbem-21453	124	17	years	year	NOUN
fbem-21453	124	18	,	,	PUNCT
fbem-21453	124	19	requiring	require	VERB
fbem-21453	124	20	further	further	ADJ
fbem-21453	124	21	attention	attention	NOUN
fbem-21453	124	22	to	to	ADP
fbem-21453	124	23	profitability	profitability	NOUN
fbem-21453	124	24	and	and	CCONJ
fbem-21453	124	25	financial	financial	ADJ
fbem-21453	124	26	health	health	NOUN
fbem-21453	124	27	.	.	PUNCT
fbem-21453	125	1	4.3	4.3	NUM
fbem-21453	125	2	.	.	PUNCT
fbem-21453	126	1	financial	financial	ADJ
fbem-21453	126	2	analytical	analytical	ADJ
fbem-21453	126	3	aspects	aspect	NOUN
fbem-21453	126	4	meituan	meituan	PROPN
fbem-21453	126	5	's	's	PART
fbem-21453	126	6	inventory	inventory	NOUN
fbem-21453	126	7	turnover	turnover	NOUN
fbem-21453	126	8	ratio	ratio	NOUN
fbem-21453	126	9	declined	decline	VERB
fbem-21453	126	10	from	from	ADP
fbem-21453	126	11	205.16	205.16	NUM
fbem-21453	126	12	70.72	70.72	NUM
fbem-21453	126	13	84.46	84.46	NUM
fbem-21453	126	14	108.9	108.9	NUM
fbem-21453	126	15	166.8	166.8	NUM
fbem-21453	126	16	207.4	207.4	NUM
fbem-21453	126	17	0	0	NUM
fbem-21453	126	18	50	50	NUM
fbem-21453	126	19	100	100	NUM
fbem-21453	126	20	150	150	NUM
fbem-21453	126	21	200	200	NUM
fbem-21453	126	22	250	250	NUM
fbem-21453	126	23	2018	2018	NUM
fbem-21453	126	24	2019	2019	NUM
fbem-21453	126	25	2020	2020	NUM
fbem-21453	126	26	2021	2021	NUM
fbem-21453	126	27	2022	2022	NUM
fbem-21453	126	28	r&d	r&d	NOUN
fbem-21453	126	29	expenditure	expenditure	NOUN
fbem-21453	126	30	310	310	NUM
fbem-21453	126	31	times	time	NOUN
fbem-21453	126	32	/	/	SYM
fbem-21453	126	33	year	year	NOUN
fbem-21453	126	34	in	in	ADP
fbem-21453	126	35	2018	2018	NUM
fbem-21453	126	36	to	to	ADP
fbem-21453	126	37	171.54	171.54	NUM
fbem-21453	126	38	times	time	NOUN
fbem-21453	126	39	/	/	SYM
fbem-21453	126	40	year	year	NOUN
fbem-21453	126	41	in	in	ADP
fbem-21453	126	42	2022	2022	NUM
fbem-21453	126	43	(	(	PUNCT
fbem-21453	126	44	table	table	NOUN
fbem-21453	126	45	6	6	NUM
fbem-21453	126	46	)	)	PUNCT
fbem-21453	126	47	.	.	PUNCT
fbem-21453	127	1	although	although	SCONJ
fbem-21453	127	2	this	this	DET
fbem-21453	127	3	ratio	ratio	NOUN
fbem-21453	127	4	is	be	AUX
fbem-21453	127	5	still	still	ADV
fbem-21453	127	6	relatively	relatively	ADV
fbem-21453	127	7	high	high	ADJ
fbem-21453	127	8	,	,	PUNCT
fbem-21453	127	9	the	the	DET
fbem-21453	127	10	downward	downward	ADJ
fbem-21453	127	11	trend	trend	NOUN
fbem-21453	127	12	indicates	indicate	VERB
fbem-21453	127	13	that	that	SCONJ
fbem-21453	127	14	there	there	PRON
fbem-21453	127	15	is	be	VERB
fbem-21453	127	16	a	a	DET
fbem-21453	127	17	backlog	backlog	NOUN
fbem-21453	127	18	of	of	ADP
fbem-21453	127	19	inventory	inventory	NOUN
fbem-21453	127	20	and	and	CCONJ
fbem-21453	127	21	a	a	DET
fbem-21453	127	22	slowdown	slowdown	NOUN
fbem-21453	127	23	in	in	ADP
fbem-21453	127	24	inventory	inventory	NOUN
fbem-21453	127	25	sales	sale	NOUN
fbem-21453	127	26	.	.	PUNCT
fbem-21453	128	1	secondly	secondly	ADV
fbem-21453	128	2	,	,	PUNCT
fbem-21453	128	3	meituan	meituan	PROPN
fbem-21453	128	4	's	's	PART
fbem-21453	128	5	current	current	ADJ
fbem-21453	128	6	ratio	ratio	NOUN
fbem-21453	128	7	declined	decline	VERB
fbem-21453	128	8	from	from	ADP
fbem-21453	128	9	2021	2021	NUM
fbem-21453	128	10	to	to	ADP
fbem-21453	128	11	1.87	1.87	NUM
fbem-21453	128	12	in	in	ADP
fbem-21453	128	13	2022	2022	NUM
fbem-21453	128	14	(	(	PUNCT
fbem-21453	128	15	table	table	NOUN
fbem-21453	128	16	7	7	NUM
fbem-21453	128	17	)	)	PUNCT
fbem-21453	128	18	,	,	PUNCT
fbem-21453	128	19	which	which	PRON
fbem-21453	128	20	is	be	AUX
fbem-21453	128	21	below	below	ADP
fbem-21453	128	22	the	the	DET
fbem-21453	128	23	safe	safe	ADJ
fbem-21453	128	24	level	level	NOUN
fbem-21453	128	25	of	of	ADP
fbem-21453	128	26	2:1	2:1	NUM
fbem-21453	128	27	,	,	PUNCT
fbem-21453	128	28	indicating	indicate	VERB
fbem-21453	128	29	that	that	SCONJ
fbem-21453	128	30	meituan	meituan	PROPN
fbem-21453	128	31	's	's	PART
fbem-21453	128	32	short	short	ADJ
fbem-21453	128	33	-	-	PUNCT
fbem-21453	128	34	term	term	NOUN
fbem-21453	128	35	solvency	solvency	NOUN
fbem-21453	128	36	has	have	AUX
fbem-21453	128	37	weakened	weaken	VERB
fbem-21453	128	38	.	.	PUNCT
fbem-21453	129	1	4.4	4.4	NUM
fbem-21453	129	2	.	.	PUNCT
fbem-21453	130	1	prospect	prospect	PROPN
fbem-21453	130	2	analytical	analytical	ADJ
fbem-21453	130	3	aspects	aspect	NOUN
fbem-21453	130	4	meituan	meituan	PROPN
fbem-21453	130	5	has	have	AUX
fbem-21453	130	6	upgraded	upgrade	VERB
fbem-21453	130	7	its	its	PRON
fbem-21453	130	8	strategy	strategy	NOUN
fbem-21453	130	9	to	to	ADP
fbem-21453	130	10	"	"	PUNCT
fbem-21453	130	11	retail	retail	ADJ
fbem-21453	130	12	+	+	CCONJ
fbem-21453	130	13	technology	technology	NOUN
fbem-21453	130	14	"	"	PUNCT
fbem-21453	130	15	,	,	PUNCT
fbem-21453	130	16	and	and	CCONJ
fbem-21453	130	17	as	as	SCONJ
fbem-21453	130	18	meituan	meituan	PROPN
fbem-21453	130	19	enters	enter	VERB
fbem-21453	130	20	the	the	DET
fbem-21453	130	21	retail	retail	ADJ
fbem-21453	130	22	field	field	NOUN
fbem-21453	130	23	,	,	PUNCT
fbem-21453	130	24	it	it	PRON
fbem-21453	130	25	will	will	AUX
fbem-21453	130	26	face	face	VERB
fbem-21453	130	27	more	more	ADJ
fbem-21453	130	28	fierce	fierce	ADJ
fbem-21453	130	29	competition	competition	NOUN
fbem-21453	130	30	.	.	PUNCT
fbem-21453	131	1	it	it	PRON
fbem-21453	131	2	will	will	AUX
fbem-21453	131	3	not	not	PART
fbem-21453	131	4	only	only	ADV
fbem-21453	131	5	compete	compete	VERB
fbem-21453	131	6	with	with	ADP
fbem-21453	131	7	traditional	traditional	ADJ
fbem-21453	131	8	retailers	retailer	NOUN
fbem-21453	131	9	but	but	CCONJ
fbem-21453	131	10	also	also	ADV
fbem-21453	131	11	with	with	ADP
fbem-21453	131	12	other	other	ADJ
fbem-21453	131	13	internet	internet	NOUN
fbem-21453	131	14	retailers	retailer	NOUN
fbem-21453	131	15	,	,	PUNCT
fbem-21453	131	16	such	such	ADJ
fbem-21453	131	17	as	as	ADP
fbem-21453	131	18	alibaba	alibaba	PROPN
fbem-21453	131	19	and	and	CCONJ
fbem-21453	131	20	jingdong	jingdong	ADP
fbem-21453	131	21	.	.	PUNCT
fbem-21453	132	1	in	in	ADP
fbem-21453	132	2	addition	addition	NOUN
fbem-21453	132	3	,	,	PUNCT
fbem-21453	132	4	the	the	DET
fbem-21453	132	5	needs	need	NOUN
fbem-21453	132	6	of	of	ADP
fbem-21453	132	7	consumers	consumer	NOUN
fbem-21453	132	8	are	be	AUX
fbem-21453	132	9	constantly	constantly	ADV
fbem-21453	132	10	changing	change	VERB
fbem-21453	132	11	.	.	PUNCT
fbem-21453	133	1	among	among	ADP
fbem-21453	133	2	them	they	PRON
fbem-21453	133	3	is	be	AUX
fbem-21453	133	4	the	the	DET
fbem-21453	133	5	gradual	gradual	ADJ
fbem-21453	133	6	increase	increase	NOUN
fbem-21453	133	7	in	in	ADP
fbem-21453	133	8	the	the	DET
fbem-21453	133	9	age	age	NOUN
fbem-21453	133	10	of	of	ADP
fbem-21453	133	11	generation	generation	NOUN
fbem-21453	133	12	z	z	PROPN
fbem-21453	133	13	,	,	PUNCT
fbem-21453	133	14	which	which	PRON
fbem-21453	133	15	will	will	AUX
fbem-21453	133	16	make	make	VERB
fbem-21453	133	17	generation	generation	NOUN
fbem-21453	133	18	z	z	NOUN
fbem-21453	133	19	become	become	VERB
fbem-21453	133	20	the	the	DET
fbem-21453	133	21	main	main	ADJ
fbem-21453	133	22	consumer	consumer	NOUN
fbem-21453	133	23	group	group	NOUN
fbem-21453	133	24	in	in	ADP
fbem-21453	133	25	china	china	PROPN
fbem-21453	133	26	's	's	PART
fbem-21453	133	27	consumption	consumption	NOUN
fbem-21453	133	28	.	.	PUNCT
fbem-21453	134	1	if	if	SCONJ
fbem-21453	134	2	meituan	meituan	PROPN
fbem-21453	134	3	is	be	AUX
fbem-21453	134	4	unable	unable	ADJ
fbem-21453	134	5	to	to	PART
fbem-21453	134	6	accurately	accurately	ADV
fbem-21453	134	7	grasp	grasp	VERB
fbem-21453	134	8	the	the	DET
fbem-21453	134	9	changing	change	VERB
fbem-21453	134	10	trend	trend	NOUN
fbem-21453	134	11	of	of	ADP
fbem-21453	134	12	consumer	consumer	NOUN
fbem-21453	134	13	demand	demand	NOUN
fbem-21453	134	14	,	,	PUNCT
fbem-21453	134	15	it	it	PRON
fbem-21453	134	16	may	may	AUX
fbem-21453	134	17	affect	affect	VERB
fbem-21453	134	18	the	the	DET
fbem-21453	134	19	company	company	NOUN
fbem-21453	134	20	's	's	PART
fbem-21453	134	21	market	market	NOUN
fbem-21453	134	22	position	position	NOUN
fbem-21453	134	23	.	.	PUNCT
fbem-21453	135	1	5	5	X
fbem-21453	135	2	.	.	X
fbem-21453	135	3	optimization	optimization	NOUN
fbem-21453	135	4	proposals	proposal	NOUN
fbem-21453	135	5	for	for	ADP
fbem-21453	135	6	the	the	DET
fbem-21453	135	7	development	development	NOUN
fbem-21453	135	8	of	of	ADP
fbem-21453	135	9	meituan	meituan	PROPN
fbem-21453	135	10	under	under	ADP
fbem-21453	135	11	the	the	DET
fbem-21453	135	12	harvard	harvard	PROPN
fbem-21453	135	13	analytical	analytical	ADJ
fbem-21453	135	14	framework	framework	NOUN
fbem-21453	135	15	5.1	5.1	NUM
fbem-21453	135	16	.	.	PUNCT
fbem-21453	136	1	strategic	strategic	ADJ
fbem-21453	136	2	analytical	analytical	ADJ
fbem-21453	136	3	aspects	aspect	NOUN
fbem-21453	136	4	firstly	firstly	ADV
fbem-21453	136	5	,	,	PUNCT
fbem-21453	136	6	meituan	meituan	PROPN
fbem-21453	136	7	can	can	AUX
fbem-21453	136	8	continuously	continuously	ADV
fbem-21453	136	9	introduce	introduce	VERB
fbem-21453	136	10	new	new	ADJ
fbem-21453	136	11	products	product	NOUN
fbem-21453	136	12	and	and	CCONJ
fbem-21453	136	13	services	service	NOUN
fbem-21453	136	14	to	to	PART
fbem-21453	136	15	provide	provide	VERB
fbem-21453	136	16	a	a	DET
fbem-21453	136	17	unique	unique	ADJ
fbem-21453	136	18	user	user	NOUN
fbem-21453	136	19	experience	experience	NOUN
fbem-21453	136	20	.	.	PUNCT
fbem-21453	137	1	for	for	ADP
fbem-21453	137	2	example	example	NOUN
fbem-21453	137	3	,	,	PUNCT
fbem-21453	137	4	developing	develop	VERB
fbem-21453	137	5	features	feature	NOUN
fbem-21453	137	6	with	with	ADP
fbem-21453	137	7	differentiation	differentiation	NOUN
fbem-21453	137	8	in	in	ADP
fbem-21453	137	9	the	the	DET
fbem-21453	137	10	takeaway	takeaway	NOUN
fbem-21453	137	11	ordering	order	VERB
fbem-21453	137	12	application	application	NOUN
fbem-21453	137	13	to	to	PART
fbem-21453	137	14	meet	meet	VERB
fbem-21453	137	15	the	the	DET
fbem-21453	137	16	needs	need	NOUN
fbem-21453	137	17	of	of	ADP
fbem-21453	137	18	different	different	ADJ
fbem-21453	137	19	consumers	consumer	NOUN
fbem-21453	137	20	.	.	PUNCT
fbem-21453	138	1	secondly	secondly	ADV
fbem-21453	138	2	,	,	PUNCT
fbem-21453	138	3	meituan	meituan	PROPN
fbem-21453	138	4	can	can	AUX
fbem-21453	138	5	explore	explore	VERB
fbem-21453	138	6	new	new	ADJ
fbem-21453	138	7	business	business	NOUN
fbem-21453	138	8	areas	area	NOUN
fbem-21453	138	9	,	,	PUNCT
fbem-21453	138	10	such	such	ADJ
fbem-21453	138	11	as	as	ADP
fbem-21453	138	12	health	health	NOUN
fbem-21453	138	13	and	and	CCONJ
fbem-21453	138	14	education	education	NOUN
fbem-21453	138	15	,	,	PUNCT
fbem-21453	138	16	to	to	PART
fbem-21453	138	17	find	find	VERB
fbem-21453	138	18	new	new	ADJ
fbem-21453	138	19	growth	growth	NOUN
fbem-21453	138	20	points	point	NOUN
fbem-21453	138	21	.	.	PUNCT
fbem-21453	139	1	in	in	ADP
fbem-21453	139	2	addition	addition	NOUN
fbem-21453	139	3	,	,	PUNCT
fbem-21453	139	4	meituan	meituan	PROPN
fbem-21453	139	5	can	can	AUX
fbem-21453	139	6	develop	develop	VERB
fbem-21453	139	7	value	value	NOUN
fbem-21453	139	8	-	-	PUNCT
fbem-21453	139	9	added	add	VERB
fbem-21453	139	10	services	service	NOUN
fbem-21453	139	11	based	base	VERB
fbem-21453	139	12	on	on	ADP
fbem-21453	139	13	its	its	PRON
fbem-21453	139	14	existing	exist	VERB
fbem-21453	139	15	business	business	NOUN
fbem-21453	139	16	,	,	PUNCT
fbem-21453	139	17	such	such	ADJ
fbem-21453	139	18	as	as	ADP
fbem-21453	139	19	providing	provide	VERB
fbem-21453	139	20	data	data	NOUN
fbem-21453	139	21	analytics	analytic	NOUN
fbem-21453	139	22	services	service	NOUN
fbem-21453	139	23	for	for	ADP
fbem-21453	139	24	merchants	merchant	NOUN
fbem-21453	139	25	,	,	PUNCT
fbem-21453	139	26	to	to	PART
fbem-21453	139	27	create	create	VERB
fbem-21453	139	28	new	new	ADJ
fbem-21453	139	29	sources	source	NOUN
fbem-21453	139	30	of	of	ADP
fbem-21453	139	31	revenue	revenue	NOUN
fbem-21453	139	32	for	for	ADP
fbem-21453	139	33	meituan	meituan	PROPN
fbem-21453	139	34	.	.	PUNCT
fbem-21453	140	1	5.2	5.2	NUM
fbem-21453	140	2	.	.	PUNCT
fbem-21453	141	1	accounting	account	VERB
fbem-21453	141	2	analytical	analytical	ADJ
fbem-21453	141	3	aspects	aspect	NOUN
fbem-21453	141	4	to	to	PART
fbem-21453	141	5	improve	improve	VERB
fbem-21453	141	6	meituan	meituan	PROPN
fbem-21453	141	7	's	's	PART
fbem-21453	141	8	net	net	ADJ
fbem-21453	141	9	profit	profit	NOUN
fbem-21453	141	10	position	position	NOUN
fbem-21453	141	11	,	,	PUNCT
fbem-21453	141	12	sales	sale	NOUN
fbem-21453	141	13	and	and	CCONJ
fbem-21453	141	14	marketing	marketing	NOUN
fbem-21453	141	15	expenditures	expenditure	NOUN
fbem-21453	141	16	have	have	VERB
fbem-21453	141	17	the	the	DET
fbem-21453	141	18	greatest	great	ADJ
fbem-21453	141	19	impact	impact	NOUN
fbem-21453	141	20	on	on	ADP
fbem-21453	141	21	net	net	ADJ
fbem-21453	141	22	profit	profit	NOUN
fbem-21453	141	23	and	and	CCONJ
fbem-21453	141	24	data	datum	NOUN
fbem-21453	141	25	analysis	analysis	NOUN
fbem-21453	141	26	can	can	AUX
fbem-21453	141	27	be	be	AUX
fbem-21453	141	28	taken	take	VERB
fbem-21453	141	29	to	to	PART
fbem-21453	141	30	identify	identify	VERB
fbem-21453	141	31	the	the	DET
fbem-21453	141	32	most	most	ADV
fbem-21453	141	33	effective	effective	ADJ
fbem-21453	141	34	marketing	marketing	NOUN
fbem-21453	141	35	activities	activity	NOUN
fbem-21453	141	36	and	and	CCONJ
fbem-21453	141	37	reduce	reduce	VERB
fbem-21453	141	38	ineffective	ineffective	ADJ
fbem-21453	141	39	or	or	CCONJ
fbem-21453	141	40	inefficient	inefficient	ADJ
fbem-21453	141	41	marketing	marketing	NOUN
fbem-21453	141	42	expenditures	expenditure	NOUN
fbem-21453	141	43	.	.	PUNCT
fbem-21453	142	1	secondly	secondly	ADV
fbem-21453	142	2	,	,	PUNCT
fbem-21453	142	3	research	research	NOUN
fbem-21453	142	4	and	and	CCONJ
fbem-21453	142	5	development	development	NOUN
fbem-21453	142	6	expenses	expense	NOUN
fbem-21453	142	7	also	also	ADV
fbem-21453	142	8	have	have	VERB
fbem-21453	142	9	a	a	DET
fbem-21453	142	10	large	large	ADJ
fbem-21453	142	11	impact	impact	NOUN
fbem-21453	142	12	on	on	ADP
fbem-21453	142	13	net	net	ADJ
fbem-21453	142	14	profit	profit	NOUN
fbem-21453	142	15	,	,	PUNCT
fbem-21453	142	16	and	and	CCONJ
fbem-21453	142	17	meituan	meituan	PROPN
fbem-21453	142	18	can	can	AUX
fbem-21453	142	19	prioritize	prioritize	VERB
fbem-21453	142	20	its	its	PRON
fbem-21453	142	21	research	research	NOUN
fbem-21453	142	22	and	and	CCONJ
fbem-21453	142	23	development	development	NOUN
fbem-21453	142	24	projects	project	NOUN
fbem-21453	142	25	to	to	PART
fbem-21453	142	26	ensure	ensure	VERB
fbem-21453	142	27	that	that	SCONJ
fbem-21453	142	28	resources	resource	NOUN
fbem-21453	142	29	are	be	AUX
fbem-21453	142	30	invested	invest	VERB
fbem-21453	142	31	in	in	ADP
fbem-21453	142	32	the	the	DET
fbem-21453	142	33	projects	project	NOUN
fbem-21453	142	34	with	with	ADP
fbem-21453	142	35	the	the	DET
fbem-21453	142	36	most	most	ADV
fbem-21453	142	37	potential	potential	ADJ
fbem-21453	142	38	and	and	CCONJ
fbem-21453	142	39	return	return	NOUN
fbem-21453	142	40	.	.	PUNCT
fbem-21453	143	1	also	also	ADV
fbem-21453	143	2	,	,	PUNCT
fbem-21453	143	3	in	in	ADP
fbem-21453	143	4	general	general	ADJ
fbem-21453	143	5	,	,	PUNCT
fbem-21453	143	6	administrative	administrative	ADJ
fbem-21453	143	7	expenses	expense	NOUN
fbem-21453	143	8	and	and	CCONJ
fbem-21453	143	9	financial	financial	ADJ
fbem-21453	143	10	management	management	NOUN
fbem-21453	143	11	,	,	PUNCT
fbem-21453	143	12	optimize	optimize	NOUN
fbem-21453	143	13	processes	process	NOUN
fbem-21453	143	14	to	to	PART
fbem-21453	143	15	reduce	reduce	VERB
fbem-21453	143	16	unnecessary	unnecessary	ADJ
fbem-21453	143	17	expenses	expense	NOUN
fbem-21453	143	18	.	.	PUNCT
fbem-21453	144	1	5.3	5.3	NUM
fbem-21453	144	2	.	.	PUNCT
fbem-21453	145	1	financial	financial	ADJ
fbem-21453	145	2	analytical	analytical	ADJ
fbem-21453	145	3	aspects	aspect	NOUN
fbem-21453	145	4	in	in	ADP
fbem-21453	145	5	the	the	DET
fbem-21453	145	6	inventory	inventory	NOUN
fbem-21453	145	7	backlog	backlog	NOUN
fbem-21453	145	8	issue	issue	NOUN
fbem-21453	145	9	,	,	PUNCT
fbem-21453	145	10	meituan	meituan	PROPN
fbem-21453	145	11	can	can	AUX
fbem-21453	145	12	adopt	adopt	VERB
fbem-21453	145	13	a	a	DET
fbem-21453	145	14	product	product	NOUN
fbem-21453	145	15	life	life	NOUN
fbem-21453	145	16	cycle	cycle	NOUN
fbem-21453	145	17	management	management	NOUN
fbem-21453	145	18	approach	approach	NOUN
fbem-21453	145	19	[	[	X
fbem-21453	145	20	20	20	NUM
fbem-21453	145	21	]	]	PUNCT
fbem-21453	145	22	by	by	ADP
fbem-21453	145	23	maintaining	maintain	VERB
fbem-21453	145	24	appropriate	appropriate	ADJ
fbem-21453	145	25	inventory	inventory	NOUN
fbem-21453	145	26	for	for	ADP
fbem-21453	145	27	high	high	ADJ
fbem-21453	145	28	-	-	PUNCT
fbem-21453	145	29	turnover	turnover	NOUN
fbem-21453	145	30	products	product	NOUN
fbem-21453	145	31	and	and	CCONJ
fbem-21453	145	32	reducing	reduce	VERB
fbem-21453	145	33	inventory	inventory	NOUN
fbem-21453	145	34	or	or	CCONJ
fbem-21453	145	35	taking	take	VERB
fbem-21453	145	36	promotional	promotional	ADJ
fbem-21453	145	37	measures	measure	NOUN
fbem-21453	145	38	for	for	ADP
fbem-21453	145	39	lowturnover	lowturnover	NOUN
fbem-21453	145	40	products	product	NOUN
fbem-21453	145	41	.	.	PUNCT
fbem-21453	146	1	in	in	ADP
fbem-21453	146	2	short	short	ADJ
fbem-21453	146	3	-	-	PUNCT
fbem-21453	146	4	term	term	NOUN
fbem-21453	146	5	solvency	solvency	NOUN
fbem-21453	146	6	,	,	PUNCT
fbem-21453	146	7	meituan	meituan	PROPN
fbem-21453	146	8	can	can	AUX
fbem-21453	146	9	improve	improve	VERB
fbem-21453	146	10	the	the	DET
fbem-21453	146	11	management	management	NOUN
fbem-21453	146	12	of	of	ADP
fbem-21453	146	13	accounts	account	NOUN
fbem-21453	146	14	receivable	receivable	ADJ
fbem-21453	146	15	,	,	PUNCT
fbem-21453	146	16	for	for	ADP
fbem-21453	146	17	example	example	NOUN
fbem-21453	146	18	,	,	PUNCT
fbem-21453	146	19	it	it	PRON
fbem-21453	146	20	can	can	AUX
fbem-21453	146	21	strengthen	strengthen	VERB
fbem-21453	146	22	the	the	DET
fbem-21453	146	23	management	management	NOUN
fbem-21453	146	24	of	of	ADP
fbem-21453	146	25	customer	customer	NOUN
fbem-21453	146	26	credit	credit	NOUN
fbem-21453	146	27	or	or	CCONJ
fbem-21453	146	28	provide	provide	VERB
fbem-21453	146	29	discounts	discount	NOUN
fbem-21453	146	30	to	to	ADP
fbem-21453	146	31	customers	customer	NOUN
fbem-21453	146	32	who	who	PRON
fbem-21453	146	33	pay	pay	VERB
fbem-21453	146	34	on	on	ADP
fbem-21453	146	35	time	time	NOUN
fbem-21453	146	36	.	.	PUNCT
fbem-21453	147	1	it	it	PRON
fbem-21453	147	2	can	can	AUX
fbem-21453	147	3	also	also	ADV
fbem-21453	147	4	increase	increase	VERB
fbem-21453	147	5	current	current	ADJ
fbem-21453	147	6	asset	asset	NOUN
fbem-21453	147	7	turnover	turnover	NOUN
fbem-21453	147	8	,	,	PUNCT
fbem-21453	147	9	for	for	ADP
fbem-21453	147	10	example	example	NOUN
fbem-21453	147	11	,	,	PUNCT
fbem-21453	147	12	by	by	ADP
fbem-21453	147	13	optimizing	optimize	VERB
fbem-21453	147	14	supply	supply	NOUN
fbem-21453	147	15	chain	chain	NOUN
fbem-21453	147	16	management	management	NOUN
fbem-21453	147	17	and	and	CCONJ
fbem-21453	147	18	reducing	reduce	VERB
fbem-21453	147	19	inventory	inventory	NOUN
fbem-21453	147	20	backlogs	backlog	NOUN
fbem-21453	147	21	to	to	PART
fbem-21453	147	22	accelerate	accelerate	VERB
fbem-21453	147	23	cash	cash	NOUN
fbem-21453	147	24	inflows	inflow	NOUN
fbem-21453	147	25	.	.	PUNCT
fbem-21453	148	1	5.4	5.4	NUM
fbem-21453	148	2	.	.	PUNCT
fbem-21453	149	1	prospect	prospect	PROPN
fbem-21453	149	2	analytical	analytical	ADJ
fbem-21453	149	3	aspects	aspect	NOUN
fbem-21453	149	4	meituan	meituan	PROPN
fbem-21453	149	5	needs	need	VERB
fbem-21453	149	6	to	to	PART
fbem-21453	149	7	strengthen	strengthen	VERB
fbem-21453	149	8	its	its	PRON
fbem-21453	149	9	brand	brand	NOUN
fbem-21453	149	10	image	image	NOUN
fbem-21453	149	11	.	.	PUNCT
fbem-21453	150	1	meituan	meituan	PROPN
fbem-21453	150	2	needs	need	VERB
fbem-21453	150	3	to	to	PART
fbem-21453	150	4	clarify	clarify	VERB
fbem-21453	150	5	its	its	PRON
fbem-21453	150	6	positioning	positioning	NOUN
fbem-21453	150	7	in	in	ADP
fbem-21453	150	8	the	the	DET
fbem-21453	150	9	retail	retail	ADJ
fbem-21453	150	10	market	market	NOUN
fbem-21453	150	11	and	and	CCONJ
fbem-21453	150	12	enhance	enhance	VERB
fbem-21453	150	13	its	its	PRON
fbem-21453	150	14	brand	brand	NOUN
fbem-21453	150	15	awareness	awareness	NOUN
fbem-21453	150	16	and	and	CCONJ
fbem-21453	150	17	influence	influence	NOUN
fbem-21453	150	18	in	in	ADP
fbem-21453	150	19	the	the	DET
fbem-21453	150	20	retail	retail	ADJ
fbem-21453	150	21	sector	sector	NOUN
fbem-21453	150	22	through	through	ADP
fbem-21453	150	23	marketing	marketing	NOUN
fbem-21453	150	24	campaigns	campaign	NOUN
fbem-21453	150	25	and	and	CCONJ
fbem-21453	150	26	public	public	ADJ
fbem-21453	150	27	relations	relation	NOUN
fbem-21453	150	28	strategies	strategy	NOUN
fbem-21453	150	29	.	.	PUNCT
fbem-21453	151	1	it	it	PRON
fbem-21453	151	2	also	also	ADV
fbem-21453	151	3	needs	need	VERB
fbem-21453	151	4	to	to	PART
fbem-21453	151	5	develop	develop	VERB
fbem-21453	151	6	a	a	DET
fbem-21453	151	7	flexible	flexible	ADJ
fbem-21453	151	8	strategic	strategic	ADJ
fbem-21453	151	9	plan	plan	NOUN
fbem-21453	151	10	to	to	PART
fbem-21453	151	11	quickly	quickly	ADV
fbem-21453	151	12	adapt	adapt	VERB
fbem-21453	151	13	to	to	ADP
fbem-21453	151	14	market	market	NOUN
fbem-21453	151	15	changes	change	NOUN
fbem-21453	151	16	in	in	ADP
fbem-21453	151	17	the	the	DET
fbem-21453	151	18	retail	retail	ADJ
fbem-21453	151	19	market	market	NOUN
fbem-21453	151	20	and	and	CCONJ
fbem-21453	151	21	changes	change	NOUN
fbem-21453	151	22	in	in	ADP
fbem-21453	151	23	consumer	consumer	NOUN
fbem-21453	151	24	demand	demand	NOUN
fbem-21453	151	25	.	.	PUNCT
fbem-21453	152	1	in	in	ADP
fbem-21453	152	2	addition	addition	NOUN
fbem-21453	152	3	,	,	PUNCT
fbem-21453	152	4	meituan	meituan	PROPN
fbem-21453	152	5	needs	need	VERB
fbem-21453	152	6	to	to	PART
fbem-21453	152	7	have	have	VERB
fbem-21453	152	8	a	a	DET
fbem-21453	152	9	deeper	deep	ADJ
fbem-21453	152	10	understanding	understanding	NOUN
fbem-21453	152	11	of	of	ADP
fbem-21453	152	12	generation	generation	NOUN
fbem-21453	152	13	z.	z.	PROPN
fbem-21453	152	14	conduct	conduct	NOUN
fbem-21453	152	15	in	in	ADP
fbem-21453	152	16	-	-	PUNCT
fbem-21453	152	17	depth	depth	NOUN
fbem-21453	152	18	market	market	NOUN
fbem-21453	152	19	research	research	NOUN
fbem-21453	152	20	to	to	PART
fbem-21453	152	21	understand	understand	VERB
fbem-21453	152	22	the	the	DET
fbem-21453	152	23	consumption	consumption	NOUN
fbem-21453	152	24	habits	habit	NOUN
fbem-21453	152	25	,	,	PUNCT
fbem-21453	152	26	values	value	NOUN
fbem-21453	152	27	,	,	PUNCT
fbem-21453	152	28	and	and	CCONJ
fbem-21453	152	29	preferences	preference	NOUN
fbem-21453	152	30	of	of	ADP
fbem-21453	152	31	generation	generation	NOUN
fbem-21453	152	32	z	z	NOUN
fbem-21453	152	33	,	,	PUNCT
fbem-21453	152	34	and	and	CCONJ
fbem-21453	152	35	cater	cater	VERB
fbem-21453	152	36	to	to	ADP
fbem-21453	152	37	the	the	DET
fbem-21453	152	38	consumption	consumption	NOUN
fbem-21453	152	39	needs	need	NOUN
fbem-21453	152	40	of	of	ADP
fbem-21453	152	41	generation	generation	NOUN
fbem-21453	152	42	z	z	NOUN
fbem-21453	152	43	,	,	PUNCT
fbem-21453	152	44	to	to	PART
fbem-21453	152	45	better	well	ADV
fbem-21453	152	46	meet	meet	VERB
fbem-21453	152	47	the	the	DET
fbem-21453	152	48	consumption	consumption	NOUN
fbem-21453	152	49	wave	wave	NOUN
fbem-21453	152	50	of	of	ADP
fbem-21453	152	51	the	the	DET
fbem-21453	152	52	future	future	NOUN
fbem-21453	152	53	.	.	PUNCT
fbem-21453	153	1	references	reference	NOUN
fbem-21453	153	2	[	[	X
fbem-21453	153	3	1	1	NUM
fbem-21453	153	4	]	]	X
fbem-21453	153	5	bryukhovetskaya	bryukhovetskaya	NOUN
fbem-21453	153	6	,	,	PUNCT
fbem-21453	153	7	s.	s.	PROPN
fbem-21453	153	8	v.	v.	PROPN
fbem-21453	153	9	,	,	PUNCT
fbem-21453	153	10	artamonova	artamonova	PROPN
fbem-21453	153	11	,	,	PUNCT
fbem-21453	153	12	k.	k.	PROPN
fbem-21453	153	13	a.	a.	PROPN
fbem-21453	153	14	,	,	PUNCT
fbem-21453	153	15	gibadullin	gibadullin	NOUN
fbem-21453	153	16	,	,	PUNCT
fbem-21453	153	17	a.	a.	NOUN
fbem-21453	153	18	a.	a.	PROPN
fbem-21453	153	19	,	,	PUNCT
fbem-21453	153	20	ilminskaya	ilminskaya	PROPN
fbem-21453	153	21	,	,	PUNCT
fbem-21453	153	22	s.	s.	PROPN
fbem-21453	153	23	a.	a.	PROPN
fbem-21453	153	24	,	,	PUNCT
fbem-21453	153	25	&	&	CCONJ
fbem-21453	153	26	kurbonova	kurbonova	PROPN
fbem-21453	153	27	,	,	PUNCT
fbem-21453	153	28	z.	z.	PROPN
fbem-21453	153	29	m.	m.	PROPN
fbem-21453	153	30	(	(	PUNCT
fbem-21453	153	31	2020	2020	NUM
fbem-21453	153	32	)	)	PUNCT
fbem-21453	153	33	.	.	PUNCT
fbem-21453	154	1	management	management	NOUN
fbem-21453	154	2	of	of	ADP
fbem-21453	154	3	digital	digital	ADJ
fbem-21453	154	4	technology	technology	NOUN
fbem-21453	154	5	development	development	NOUN
fbem-21453	154	6	in	in	ADP
fbem-21453	154	7	the	the	DET
fbem-21453	154	8	national	national	ADJ
fbem-21453	154	9	economy	economy	NOUN
fbem-21453	154	10	.	.	PUNCT
fbem-21453	155	1	iop	iop	PROPN
fbem-21453	155	2	conference	conference	PROPN
fbem-21453	155	3	series	series	PROPN
fbem-21453	155	4	:	:	PUNCT
fbem-21453	155	5	earth	earth	NOUN
fbem-21453	155	6	and	and	CCONJ
fbem-21453	155	7	environmental	environmental	ADJ
fbem-21453	155	8	science	science	NOUN
fbem-21453	155	9	,	,	PUNCT
fbem-21453	155	10	421(4	421(4	NUM
fbem-21453	155	11	)	)	PUNCT
fbem-21453	155	12	,	,	PUNCT
fbem-21453	155	13	042018	042018	NUM
fbem-21453	155	14	.	.	PUNCT
fbem-21453	156	1	https://iopscience.iop.org/article/10.1088/17551315/421/4/042018/meta	https://iopscience.iop.org/article/10.1088/17551315/421/4/042018/meta	X
fbem-21453	157	1	[	[	X
fbem-21453	157	2	2	2	NUM
fbem-21453	157	3	]	]	PUNCT
fbem-21453	157	4	irtyshcheva	irtyshcheva	PROPN
fbem-21453	157	5	,	,	PUNCT
fbem-21453	157	6	i.	i.	PROPN
fbem-21453	157	7	,	,	PUNCT
fbem-21453	157	8	stehnei	stehnei	NOUN
fbem-21453	157	9	,	,	PUNCT
fbem-21453	157	10	m.	m.	NOUN
fbem-21453	157	11	,	,	PUNCT
fbem-21453	157	12	popadynet	popadynet	NOUN
fbem-21453	157	13	,	,	PUNCT
fbem-21453	157	14	n.	n.	NOUN
fbem-21453	157	15	,	,	PUNCT
fbem-21453	157	16	bogatyrev	bogatyrev	PROPN
fbem-21453	157	17	,	,	PUNCT
fbem-21453	157	18	k.	k.	PROPN
fbem-21453	157	19	,	,	PUNCT
fbem-21453	157	20	boiko	boiko	PROPN
fbem-21453	157	21	,	,	PUNCT
fbem-21453	157	22	y.	y.	PROPN
fbem-21453	157	23	,	,	PUNCT
fbem-21453	157	24	kramarenko	kramarenko	PROPN
fbem-21453	157	25	,	,	PUNCT
fbem-21453	157	26	i.	i.	PROPN
fbem-21453	157	27	,	,	PUNCT
fbem-21453	157	28	senkevich	senkevich	PROPN
fbem-21453	157	29	,	,	PUNCT
fbem-21453	157	30	o.	o.	PROPN
fbem-21453	157	31	,	,	PUNCT
fbem-21453	157	32	hryshyna	hryshyna	NOUN
fbem-21453	157	33	,	,	PUNCT
fbem-21453	157	34	n.	n.	PROPN
fbem-21453	157	35	,	,	PUNCT
fbem-21453	157	36	kozak	kozak	PROPN
fbem-21453	157	37	,	,	PUNCT
fbem-21453	157	38	i.	i.	PROPN
fbem-21453	157	39	,	,	PUNCT
fbem-21453	157	40	&	&	CCONJ
fbem-21453	157	41	ishchenko	ishchenko	PROPN
fbem-21453	157	42	,	,	PUNCT
fbem-21453	157	43	o.	o.	NOUN
fbem-21453	157	44	(	(	PUNCT
fbem-21453	157	45	2021	2021	NUM
fbem-21453	157	46	)	)	PUNCT
fbem-21453	157	47	.	.	PUNCT
fbem-21453	158	1	the	the	DET
fbem-21453	158	2	effect	effect	NOUN
fbem-21453	158	3	of	of	ADP
fbem-21453	158	4	digital	digital	ADJ
fbem-21453	158	5	technology	technology	NOUN
fbem-21453	158	6	development	development	NOUN
fbem-21453	158	7	on	on	ADP
fbem-21453	158	8	economic	economic	ADJ
fbem-21453	158	9	growth	growth	NOUN
fbem-21453	158	10	.	.	PUNCT
fbem-21453	159	1	http://dspaces.msu.edu.ua:8080/handle/123456789/7818	http://dspaces.msu.edu.ua:8080/handle/123456789/7818	PROPN
fbem-21453	160	1	[	[	X
fbem-21453	160	2	3	3	X
fbem-21453	160	3	]	]	X
fbem-21453	160	4	lai	lai	PROPN
fbem-21453	160	5	youwei	youwei	PROPN
fbem-21453	160	6	,	,	PUNCT
fbem-21453	160	7	zhou	zhou	PROPN
fbem-21453	160	8	haiwei	haiwei	PROPN
fbem-21453	160	9	,	,	PUNCT
fbem-21453	160	10	&	&	CCONJ
fbem-21453	160	11	li	li	PROPN
fbem-21453	160	12	jiwei	jiwei	PROPN
fbem-21453	160	13	.	.	PUNCT
fbem-21453	161	1	(	(	PUNCT
fbem-21453	161	2	2022	2022	NUM
fbem-21453	161	3	)	)	PUNCT
fbem-21453	161	4	.	.	PUNCT
fbem-21453	162	1	understanding	understand	VERB
fbem-21453	162	2	china	china	PROPN
fbem-21453	162	3	’s	’s	PART
fbem-21453	162	4	‘	'	PUNCT
fbem-21453	162	5	generation	generation	NOUN
fbem-21453	162	6	z	z	NOUN
fbem-21453	162	7	’	'	PUNCT
fbem-21453	162	8	and	and	CCONJ
fbem-21453	162	9	embracing	embrace	VERB
fbem-21453	162	10	the	the	DET
fbem-21453	162	11	new	new	ADJ
fbem-21453	162	12	wave	wave	NOUN
fbem-21453	162	13	of	of	ADP
fbem-21453	162	14	consumption	consumption	NOUN
fbem-21453	162	15	.	.	PUNCT
fbem-21453	163	1	[	[	X
fbem-21453	163	2	4	4	NUM
fbem-21453	163	3	]	]	X
fbem-21453	163	4	guo	guo	PROPN
fbem-21453	163	5	,	,	PUNCT
fbem-21453	163	6	w.	w.	PROPN
fbem-21453	163	7	(	(	PUNCT
fbem-21453	163	8	2014	2014	NUM
fbem-21453	163	9	)	)	PUNCT
fbem-21453	163	10	.	.	PUNCT
fbem-21453	164	1	analysis	analysis	NOUN
fbem-21453	164	2	of	of	ADP
fbem-21453	164	3	the	the	DET
fbem-21453	164	4	development	development	NOUN
fbem-21453	164	5	of	of	ADP
fbem-21453	164	6	o2o	o2o	NOUN
fbem-21453	164	7	mode	mode	NOUN
fbem-21453	164	8	of	of	ADP
fbem-21453	164	9	fresh	fresh	ADJ
fbem-21453	164	10	food	food	NOUN
fbem-21453	164	11	e	e	NOUN
fbem-21453	164	12	-	-	NOUN
fbem-21453	164	13	commerce	commerce	NOUN
fbem-21453	164	14	in	in	ADP
fbem-21453	164	15	china	china	PROPN
fbem-21453	164	16	.	.	PUNCT
fbem-21453	165	1	[	[	X
fbem-21453	165	2	5	5	NUM
fbem-21453	165	3	]	]	PUNCT
fbem-21453	165	4	chuang	chuang	PROPN
fbem-21453	165	5	,	,	PUNCT
fbem-21453	165	6	j.	j.	PROPN
fbem-21453	165	7	,	,	PUNCT
fbem-21453	165	8	&	&	CCONJ
fbem-21453	165	9	xu	xu	PROPN
fbem-21453	165	10	,	,	PUNCT
fbem-21453	165	11	s.	s.	PROPN
fbem-21453	165	12	(	(	PUNCT
fbem-21453	165	13	2016	2016	NUM
fbem-21453	165	14	)	)	PUNCT
fbem-21453	165	15	.	.	PUNCT
fbem-21453	166	1	survey	survey	NOUN
fbem-21453	166	2	research	research	NOUN
fbem-21453	166	3	on	on	ADP
fbem-21453	166	4	customer	customer	NOUN
fbem-21453	166	5	satisfaction	satisfaction	NOUN
fbem-21453	166	6	of	of	ADP
fbem-21453	166	7	hanting	hanting	NOUN
fbem-21453	166	8	hotel	hotel	NOUN
fbem-21453	166	9	group	group	NOUN
fbem-21453	166	10	purchase	purchase	NOUN
fbem-21453	166	11	under	under	ADP
fbem-21453	166	12	o2o	o2o	NOUN
fbem-21453	166	13	mode	mode	NOUN
fbem-21453	166	14	.	.	PUNCT
fbem-21453	167	1	[	[	X
fbem-21453	167	2	6	6	NUM
fbem-21453	167	3	]	]	SYM
fbem-21453	167	4	yuan	yuan	NOUN
fbem-21453	167	5	,	,	PUNCT
fbem-21453	167	6	w.	w.	PROPN
fbem-21453	167	7	(	(	PUNCT
fbem-21453	167	8	2015	2015	NUM
fbem-21453	167	9	)	)	PUNCT
fbem-21453	167	10	.	.	PUNCT
fbem-21453	168	1	research	research	NOUN
fbem-21453	168	2	on	on	ADP
fbem-21453	168	3	china	china	PROPN
fbem-21453	168	4	’s	’s	PART
fbem-21453	168	5	tourism	tourism	NOUN
fbem-21453	168	6	e	e	PROPN
fbem-21453	168	7	-	-	PROPN
fbem-21453	168	8	commerce	commerce	NOUN
fbem-21453	168	9	development	development	NOUN
fbem-21453	168	10	based	base	VERB
fbem-21453	168	11	on	on	ADP
fbem-21453	168	12	o2o	o2o	NOUN
fbem-21453	168	13	model	model	NOUN
fbem-21453	168	14	.	.	PUNCT
fbem-21453	169	1	[	[	X
fbem-21453	169	2	7	7	X
fbem-21453	169	3	]	]	X
fbem-21453	169	4	liu	liu	PROPN
fbem-21453	169	5	,	,	PUNCT
fbem-21453	169	6	w.	w.	PROPN
fbem-21453	169	7	,	,	PUNCT
fbem-21453	169	8	he	he	PRON
fbem-21453	169	9	,	,	PUNCT
fbem-21453	169	10	k.	k.	PROPN
fbem-21453	169	11	,	,	PUNCT
fbem-21453	169	12	&	&	CCONJ
fbem-21453	169	13	ding	ding	PROPN
fbem-21453	169	14	,	,	PUNCT
fbem-21453	169	15	f.	f.	PROPN
fbem-21453	169	16	(	(	PUNCT
fbem-21453	169	17	2015	2015	NUM
fbem-21453	169	18	)	)	PUNCT
fbem-21453	169	19	.	.	PUNCT
fbem-21453	170	1	countermeasures	countermeasure	NOUN
fbem-21453	170	2	research	research	NOUN
fbem-21453	170	3	on	on	ADP
fbem-21453	170	4	the	the	DET
fbem-21453	170	5	development	development	NOUN
fbem-21453	170	6	of	of	ADP
fbem-21453	170	7	catering	catering	NOUN
fbem-21453	170	8	takeaway	takeaway	NOUN
fbem-21453	170	9	industry	industry	NOUN
fbem-21453	170	10	based	base	VERB
fbem-21453	170	11	on	on	ADP
fbem-21453	170	12	o2o	o2o	NOUN
fbem-21453	170	13	mode	mode	NOUN
fbem-21453	170	14	.	.	PUNCT
fbem-21453	171	1	[	[	X
fbem-21453	171	2	8	8	NUM
fbem-21453	171	3	]	]	X
fbem-21453	171	4	horrigan	horrigan	NOUN
fbem-21453	171	5	,	,	PUNCT
fbem-21453	171	6	j.	j.	PROPN
fbem-21453	171	7	o.	o.	PROPN
fbem-21453	171	8	(	(	PUNCT
fbem-21453	171	9	1968	1968	NUM
fbem-21453	171	10	)	)	PUNCT
fbem-21453	171	11	.	.	PUNCT
fbem-21453	172	1	a	a	DET
fbem-21453	172	2	short	short	ADJ
fbem-21453	172	3	history	history	NOUN
fbem-21453	172	4	of	of	ADP
fbem-21453	172	5	financial	financial	ADJ
fbem-21453	172	6	ratio	ratio	NOUN
fbem-21453	172	7	analysis	analysis	NOUN
fbem-21453	172	8	.	.	PUNCT
fbem-21453	173	1	the	the	DET
fbem-21453	173	2	accounting	accounting	NOUN
fbem-21453	173	3	review	review	NOUN
fbem-21453	173	4	,	,	PUNCT
fbem-21453	173	5	43(2	43(2	NUM
fbem-21453	173	6	)	)	PUNCT
fbem-21453	173	7	,	,	PUNCT
fbem-21453	173	8	284–294	284–294	NUM
fbem-21453	173	9	.	.	PUNCT
fbem-21453	174	1	[	[	X
fbem-21453	174	2	9	9	NUM
fbem-21453	174	3	]	]	PUNCT
fbem-21453	174	4	alepu	alepu	PROPN
fbem-21453	174	5	,	,	PUNCT
fbem-21453	174	6	k.	k.	PROPN
fbem-21453	174	7	g.	g.	PROPN
fbem-21453	174	8	,	,	PUNCT
fbem-21453	174	9	&	&	CCONJ
fbem-21453	174	10	healy	healy	PROPN
fbem-21453	174	11	,	,	PUNCT
fbem-21453	174	12	p.	p.	NOUN
fbem-21453	174	13	m.	m.	NOUN
fbem-21453	174	14	(	(	PUNCT
fbem-21453	174	15	2013	2013	NUM
fbem-21453	174	16	)	)	PUNCT
fbem-21453	174	17	.	.	PUNCT
fbem-21453	175	1	business	business	NOUN
fbem-21453	175	2	analysis	analysis	NOUN
fbem-21453	175	3	and	and	CCONJ
fbem-21453	175	4	valuation	valuation	NOUN
fbem-21453	175	5	:	:	PUNCT
fbem-21453	175	6	using	use	VERB
fbem-21453	175	7	financial	financial	ADJ
fbem-21453	175	8	statements	statement	NOUN
fbem-21453	175	9	text	text	NOUN
fbem-21453	175	10	and	and	CCONJ
fbem-21453	175	11	cases	case	NOUN
fbem-21453	175	12	.	.	PUNCT
fbem-21453	176	1	[	[	X
fbem-21453	176	2	10	10	NUM
fbem-21453	176	3	]	]	X
fbem-21453	176	4	xie	xie	PROPN
fbem-21453	176	5	,	,	PUNCT
fbem-21453	176	6	q.	q.	PROPN
fbem-21453	176	7	(	(	PUNCT
fbem-21453	176	8	2023	2023	NUM
fbem-21453	176	9	)	)	PUNCT
fbem-21453	176	10	.	.	PUNCT
fbem-21453	177	1	financial	financial	ADJ
fbem-21453	177	2	analysis	analysis	NOUN
fbem-21453	177	3	of	of	ADP
fbem-21453	177	4	wuliangye	wuliangye	NOUN
fbem-21453	177	5	group	group	NOUN
fbem-21453	177	6	based	base	VERB
fbem-21453	177	7	on	on	ADP
fbem-21453	177	8	harvard	harvard	PROPN
fbem-21453	177	9	analytical	analytical	ADJ
fbem-21453	177	10	framework	framework	NOUN
fbem-21453	177	11	.	.	PUNCT
fbem-21453	178	1	scientific	scientific	ADJ
fbem-21453	178	2	journal	journal	NOUN
fbem-21453	178	3	of	of	ADP
fbem-21453	178	4	economics	economic	NOUN
fbem-21453	178	5	and	and	CCONJ
fbem-21453	178	6	management	management	NOUN
fbem-21453	178	7	research	research	NOUN
fbem-21453	178	8	volume	volume	NOUN
fbem-21453	178	9	,	,	PUNCT
fbem-21453	178	10	5(1	5(1	NUM
fbem-21453	178	11	)	)	PUNCT
fbem-21453	178	12	.	.	PUNCT
fbem-21453	179	1	https://www.sjemr.org/download/sjemr-5-1-17-23.pdf	https://www.sjemr.org/download/sjemr-5-1-17-23.pdf	PROPN
fbem-21453	179	2	[	[	X
fbem-21453	179	3	11	11	NUM
fbem-21453	179	4	]	]	SYM
fbem-21453	179	5	yang	yang	PROPN
fbem-21453	179	6	,	,	PUNCT
fbem-21453	179	7	c.	c.	PROPN
fbem-21453	179	8	,	,	PUNCT
fbem-21453	179	9	&	&	CCONJ
fbem-21453	179	10	yang	yang	PROPN
fbem-21453	179	11	,	,	PUNCT
fbem-21453	179	12	l.	l.	PROPN
fbem-21453	179	13	(	(	PUNCT
fbem-21453	179	14	2024	2024	NUM
fbem-21453	179	15	)	)	PUNCT
fbem-21453	179	16	.	.	PUNCT
fbem-21453	180	1	case	case	NOUN
fbem-21453	180	2	study	study	NOUN
fbem-21453	180	3	of	of	ADP
fbem-21453	180	4	financial	financial	ADJ
fbem-21453	180	5	situation	situation	NOUN
fbem-21453	180	6	based	base	VERB
fbem-21453	180	7	on	on	ADP
fbem-21453	180	8	harvard	harvard	PROPN
fbem-21453	180	9	analysis	analysis	NOUN
fbem-21453	180	10	framework	framework	NOUN
fbem-21453	180	11	:	:	PUNCT
fbem-21453	180	12	taking	take	VERB
fbem-21453	180	13	huadong	huadong	ADJ
fbem-21453	180	14	medicine	medicine	PROPN
fbem-21453	180	15	co.	co.	PROPN
fbem-21453	180	16	,	,	PUNCT
fbem-21453	180	17	ltd	ltd	PROPN
fbem-21453	180	18	.	.	PROPN
fbem-21453	181	1	as	as	ADP
fbem-21453	181	2	an	an	DET
fbem-21453	181	3	example	example	NOUN
fbem-21453	181	4	.	.	PUNCT
fbem-21453	182	1	frontiers	frontier	NOUN
fbem-21453	182	2	in	in	ADP
fbem-21453	182	3	business	business	NOUN
fbem-21453	182	4	,	,	PUNCT
fbem-21453	182	5	economics	economic	NOUN
fbem-21453	182	6	and	and	CCONJ
fbem-21453	182	7	management	management	NOUN
fbem-21453	182	8	,	,	PUNCT
fbem-21453	182	9	14(1	14(1	NUM
fbem-21453	182	10	)	)	PUNCT
fbem-21453	182	11	,	,	PUNCT
fbem-21453	182	12	11–18	11–18	NUM
fbem-21453	182	13	.	.	PUNCT
fbem-21453	183	1	[	[	X
fbem-21453	183	2	12	12	NUM
fbem-21453	183	3	]	]	SYM
fbem-21453	183	4	li	li	PROPN
fbem-21453	183	5	,	,	PUNCT
fbem-21453	183	6	x.	x.	PROPN
fbem-21453	183	7	,	,	PUNCT
fbem-21453	183	8	cai	cai	PROPN
fbem-21453	183	9	,	,	PUNCT
fbem-21453	183	10	z.	z.	PROPN
fbem-21453	183	11	,	,	PUNCT
fbem-21453	183	12	wu	wu	PROPN
fbem-21453	183	13	,	,	PUNCT
fbem-21453	183	14	x.	x.	PROPN
fbem-21453	183	15	,	,	PUNCT
fbem-21453	183	16	&	&	CCONJ
fbem-21453	183	17	chen	chen	PROPN
fbem-21453	183	18	,	,	PUNCT
fbem-21453	183	19	l.	l.	PROPN
fbem-21453	183	20	(	(	PUNCT
fbem-21453	183	21	2021	2021	NUM
fbem-21453	183	22	)	)	PUNCT
fbem-21453	183	23	.	.	PUNCT
fbem-21453	184	1	investigation	investigation	NOUN
fbem-21453	184	2	of	of	ADP
fbem-21453	184	3	financial	financial	ADJ
fbem-21453	184	4	statements	statement	NOUN
fbem-21453	184	5	under	under	ADP
fbem-21453	184	6	the	the	DET
fbem-21453	184	7	framework	framework	NOUN
fbem-21453	184	8	of	of	ADP
fbem-21453	184	9	harvard	harvard	PROPN
fbem-21453	184	10	analysis	analysis	NOUN
fbem-21453	184	11	.	.	PUNCT
fbem-21453	185	1	international	international	ADJ
fbem-21453	185	2	journal	journal	NOUN
fbem-21453	185	3	of	of	ADP
fbem-21453	185	4	scientific	scientific	ADJ
fbem-21453	185	5	advances	advance	NOUN
fbem-21453	185	6	,	,	PUNCT
fbem-21453	185	7	2(1	2(1	NUM
fbem-21453	185	8	)	)	PUNCT
fbem-21453	185	9	,	,	PUNCT
fbem-21453	185	10	85–87	85–87	NUM
fbem-21453	185	11	.	.	PUNCT
fbem-21453	186	1	[	[	X
fbem-21453	186	2	13	13	NUM
fbem-21453	186	3	]	]	X
fbem-21453	186	4	chi	chi	PROPN
fbem-21453	186	5	,	,	PUNCT
fbem-21453	186	6	w.	w.	PROPN
fbem-21453	186	7	(	(	PUNCT
fbem-21453	186	8	2024	2024	NUM
fbem-21453	186	9	)	)	PUNCT
fbem-21453	186	10	.	.	PUNCT
fbem-21453	187	1	application	application	NOUN
fbem-21453	187	2	of	of	ADP
fbem-21453	187	3	harvard	harvard	PROPN
fbem-21453	187	4	analytical	analytical	ADJ
fbem-21453	187	5	framework	framework	NOUN
fbem-21453	187	6	in	in	ADP
fbem-21453	187	7	the	the	DET
fbem-21453	187	8	game	game	NOUN
fbem-21453	187	9	industry	industry	NOUN
fbem-21453	187	10	:	:	PUNCT
fbem-21453	187	11	take	take	VERB
fbem-21453	187	12	netease	netease	NOUN
fbem-21453	187	13	as	as	ADP
fbem-21453	187	14	an	an	DET
fbem-21453	187	15	example	example	NOUN
fbem-21453	187	16	.	.	PUNCT
fbem-21453	188	1	shs	shs	NOUN
fbem-21453	188	2	web	web	NOUN
fbem-21453	188	3	of	of	ADP
fbem-21453	188	4	conferences	conference	NOUN
fbem-21453	188	5	,	,	PUNCT
fbem-21453	188	6	181	181	NUM
fbem-21453	188	7	,	,	PUNCT
fbem-21453	188	8	01040	01040	NUM
fbem-21453	188	9	.	.	PUNCT
fbem-21453	189	1	https://www.shsconferences.org/articles/shsconf/abs/2024/01/shsconf_icdeba2	https://www.shsconferences.org/articles/shsconf/abs/2024/01/shsconf_icdeba2	VERB
fbem-21453	189	2	023_01040	023_01040	PROPN
fbem-21453	189	3	/	/	SYM
fbem-21453	189	4	shsconf_icdeba2023_01040.html	shsconf_icdeba2023_01040.html	PROPN
fbem-21453	189	5	[	[	X
fbem-21453	189	6	14	14	NUM
fbem-21453	189	7	]	]	X
fbem-21453	189	8	shi	shi	PROPN
fbem-21453	189	9	,	,	PUNCT
fbem-21453	189	10	d.	d.	PROPN
fbem-21453	189	11	,	,	PUNCT
fbem-21453	189	12	&	&	CCONJ
fbem-21453	189	13	wang	wang	PROPN
fbem-21453	189	14	,	,	PUNCT
fbem-21453	189	15	b.	b.	PROPN
fbem-21453	189	16	(	(	PUNCT
fbem-21453	189	17	2019	2019	NUM
fbem-21453	189	18	)	)	PUNCT
fbem-21453	189	19	.	.	PUNCT
fbem-21453	190	1	global	global	PROPN
fbem-21453	190	2	harvard	harvard	PROPN
fbem-21453	190	3	analytical	analytical	ADJ
fbem-21453	190	4	framework	framework	NOUN
fbem-21453	190	5	:	:	PUNCT
fbem-21453	190	6	literature	literature	NOUN
fbem-21453	190	7	review	review	NOUN
fbem-21453	190	8	and	and	CCONJ
fbem-21453	190	9	research	research	NOUN
fbem-21453	190	10	outlook	outlook	NOUN
fbem-21453	190	11	.	.	PUNCT
fbem-21453	191	1	[	[	X
fbem-21453	191	2	15	15	NUM
fbem-21453	191	3	]	]	X
fbem-21453	191	4	zhang	zhang	PROPN
fbem-21453	191	5	xinghua	xinghua	PROPN
fbem-21453	191	6	.	.	PUNCT
fbem-21453	192	1	(	(	PUNCT
fbem-21453	192	2	2024	2024	NUM
fbem-21453	192	3	)	)	PUNCT
fbem-21453	192	4	.	.	PUNCT
fbem-21453	193	1	2023	2023	NUM
fbem-21453	193	2	china	china	PROPN
fbem-21453	193	3	economic	economic	ADJ
fbem-21453	193	4	report	report	NOUN
fbem-21453	193	5	.	.	PUNCT
fbem-21453	194	1	https://www.gov.cn/lianbo/bumen/202401/content_6926483.h	https://www.gov.cn/lianbo/bumen/202401/content_6926483.h	ADJ
fbem-21453	194	2	tm	tm	NOUN
fbem-21453	194	3	311	311	NUM
fbem-21453	194	4	[	[	X
fbem-21453	194	5	16	16	NUM
fbem-21453	194	6	]	]	X
fbem-21453	194	7	tian	tian	PROPN
fbem-21453	194	8	,	,	PUNCT
fbem-21453	194	9	f.	f.	PROPN
fbem-21453	194	10	(	(	PUNCT
fbem-21453	194	11	2024	2024	NUM
fbem-21453	194	12	)	)	PUNCT
fbem-21453	194	13	.	.	PUNCT
fbem-21453	195	1	study	study	NOUN
fbem-21453	195	2	of	of	ADP
fbem-21453	195	3	consumer	consumer	NOUN
fbem-21453	195	4	behavior	behavior	NOUN
fbem-21453	195	5	based	base	VERB
fbem-21453	195	6	on	on	ADP
fbem-21453	195	7	generation	generation	NOUN
fbem-21453	195	8	z	z	NOUN
fbem-21453	195	9	self	self	NOUN
fbem-21453	195	10	-	-	PUNCT
fbem-21453	195	11	theory	theory	NOUN
fbem-21453	195	12	.	.	PUNCT
fbem-21453	196	1	[	[	X
fbem-21453	196	2	17	17	NUM
fbem-21453	196	3	]	]	X
fbem-21453	196	4	sun	sun	NOUN
fbem-21453	196	5	,	,	PUNCT
fbem-21453	196	6	s.	s.	PROPN
fbem-21453	196	7	,	,	PUNCT
fbem-21453	196	8	cegielski	cegielski	PROPN
fbem-21453	196	9	,	,	PUNCT
fbem-21453	196	10	c.	c.	PROPN
fbem-21453	196	11	g.	g.	PROPN
fbem-21453	196	12	,	,	PUNCT
fbem-21453	196	13	&	&	CCONJ
fbem-21453	196	14	li	li	PROPN
fbem-21453	196	15	,	,	PUNCT
fbem-21453	196	16	z.	z.	PROPN
fbem-21453	196	17	(	(	PUNCT
fbem-21453	196	18	2015	2015	NUM
fbem-21453	196	19	)	)	PUNCT
fbem-21453	196	20	.	.	PUNCT
fbem-21453	197	1	amassing	amass	VERB
fbem-21453	197	2	and	and	CCONJ
fbem-21453	197	3	analyzing	analyze	VERB
fbem-21453	197	4	customer	customer	NOUN
fbem-21453	197	5	data	datum	NOUN
fbem-21453	197	6	in	in	ADP
fbem-21453	197	7	the	the	DET
fbem-21453	197	8	age	age	NOUN
fbem-21453	197	9	of	of	ADP
fbem-21453	197	10	big	big	ADJ
fbem-21453	197	11	data	datum	NOUN
fbem-21453	197	12	:	:	PUNCT
fbem-21453	197	13	a	a	DET
fbem-21453	197	14	case	case	NOUN
fbem-21453	197	15	study	study	NOUN
fbem-21453	197	16	of	of	ADP
fbem-21453	197	17	haier	haier	PROPN
fbem-21453	197	18	’s	’s	PART
fbem-21453	197	19	online	online	ADJ
fbem-21453	197	20	-	-	PUNCT
fbem-21453	197	21	to	to	ADP
fbem-21453	197	22	-	-	PUNCT
fbem-21453	197	23	offline	offline	ADJ
fbem-21453	197	24	(	(	PUNCT
fbem-21453	197	25	o2o	o2o	NOUN
fbem-21453	197	26	)	)	PUNCT
fbem-21453	197	27	business	business	NOUN
fbem-21453	197	28	model	model	NOUN
fbem-21453	197	29	.	.	PUNCT
fbem-21453	198	1	journal	journal	PROPN
fbem-21453	198	2	of	of	ADP
fbem-21453	198	3	information	information	NOUN
fbem-21453	198	4	technology	technology	NOUN
fbem-21453	198	5	case	case	NOUN
fbem-21453	198	6	and	and	CCONJ
fbem-21453	198	7	application	application	NOUN
fbem-21453	198	8	research	research	NOUN
fbem-21453	198	9	,	,	PUNCT
fbem-21453	198	10	17(3–4	17(3–4	NUM
fbem-21453	198	11	)	)	PUNCT
fbem-21453	198	12	,	,	PUNCT
fbem-21453	198	13	156–165	156–165	NUM
fbem-21453	198	14	.	.	PUNCT
fbem-21453	198	15	https://doi.org/10.1080/15228053.2015.1095017	https://doi.org/10.1080/15228053.2015.1095017	PUNCT
fbem-21453	199	1	[	[	X
fbem-21453	199	2	18	18	NUM
fbem-21453	199	3	]	]	X
fbem-21453	199	4	maier	maier	X
fbem-21453	199	5	,	,	PUNCT
fbem-21453	199	6	m.	m.	NOUN
fbem-21453	199	7	,	,	PUNCT
fbem-21453	199	8	&	&	CCONJ
fbem-21453	199	9	ebrahimzadeh	ebrahimzadeh	PROPN
fbem-21453	199	10	,	,	PUNCT
fbem-21453	199	11	a.	a.	NOUN
fbem-21453	199	12	(	(	PUNCT
fbem-21453	199	13	2019	2019	NUM
fbem-21453	199	14	)	)	PUNCT
fbem-21453	199	15	.	.	PUNCT
fbem-21453	200	1	toward	toward	ADP
fbem-21453	200	2	the	the	DET
fbem-21453	200	3	internet	internet	NOUN
fbem-21453	200	4	of	of	ADP
fbem-21453	200	5	no	no	DET
fbem-21453	200	6	things	thing	NOUN
fbem-21453	200	7	:	:	PUNCT
fbem-21453	200	8	the	the	DET
fbem-21453	200	9	role	role	NOUN
fbem-21453	200	10	of	of	ADP
fbem-21453	200	11	o2o	o2o	NOUN
fbem-21453	200	12	communications	communication	NOUN
fbem-21453	200	13	and	and	CCONJ
fbem-21453	200	14	extended	extend	VERB
fbem-21453	200	15	reality	reality	NOUN
fbem-21453	200	16	(	(	PUNCT
fbem-21453	200	17	arxiv:1906.06738	arxiv:1906.06738	NUM
fbem-21453	200	18	)	)	PUNCT
fbem-21453	200	19	.	.	PUNCT
fbem-21453	201	1	arxiv	arxiv	PROPN
fbem-21453	201	2	.	.	PUNCT
fbem-21453	201	3	http://arxiv.org/abs/1906.06738	http://arxiv.org/abs/1906.06738	PROPN
fbem-21453	202	1	[	[	X
fbem-21453	202	2	19	19	NUM
fbem-21453	202	3	]	]	X
fbem-21453	202	4	liu	liu	PROPN
fbem-21453	202	5	,	,	PUNCT
fbem-21453	202	6	j.	j.	PROPN
fbem-21453	202	7	(	(	PUNCT
fbem-21453	202	8	2021	2021	NUM
fbem-21453	202	9	)	)	PUNCT
fbem-21453	202	10	.	.	PUNCT
fbem-21453	203	1	comprehensive	comprehensive	ADJ
fbem-21453	203	2	financial	financial	ADJ
fbem-21453	203	3	analysis	analysis	NOUN
fbem-21453	203	4	of	of	ADP
fbem-21453	203	5	meituan	meituan	NOUN
fbem-21453	203	6	based	base	VERB
fbem-21453	203	7	on	on	ADP
fbem-21453	203	8	harvard	harvard	PROPN
fbem-21453	203	9	framework	framework	NOUN
fbem-21453	203	10	.	.	PUNCT
fbem-21453	204	1	[	[	X
fbem-21453	204	2	20	20	NUM
fbem-21453	204	3	]	]	X
fbem-21453	204	4	rusch	rusch	PROPN
fbem-21453	204	5	,	,	PUNCT
fbem-21453	204	6	m.	m.	NOUN
fbem-21453	204	7	,	,	PUNCT
fbem-21453	204	8	schöggl	schöggl	PROPN
fbem-21453	204	9	,	,	PUNCT
fbem-21453	204	10	j.	j.	PROPN
fbem-21453	204	11	,	,	PUNCT
fbem-21453	204	12	&	&	CCONJ
fbem-21453	204	13	baumgartner	baumgartner	PROPN
fbem-21453	204	14	,	,	PUNCT
fbem-21453	204	15	r.	r.	PROPN
fbem-21453	204	16	j.	j.	PROPN
fbem-21453	204	17	(	(	PUNCT
fbem-21453	204	18	2023	2023	NUM
fbem-21453	204	19	)	)	PUNCT
fbem-21453	204	20	.	.	PUNCT
fbem-21453	205	1	application	application	NOUN
fbem-21453	205	2	of	of	ADP
fbem-21453	205	3	digital	digital	ADJ
fbem-21453	205	4	technologies	technology	NOUN
fbem-21453	205	5	for	for	ADP
fbem-21453	205	6	sustainable	sustainable	ADJ
fbem-21453	205	7	product	product	NOUN
fbem-21453	205	8	management	management	NOUN
fbem-21453	205	9	in	in	ADP
fbem-21453	205	10	a	a	DET
fbem-21453	205	11	circular	circular	ADJ
fbem-21453	205	12	economy	economy	NOUN
fbem-21453	205	13	:	:	PUNCT
fbem-21453	205	14	a	a	DET
fbem-21453	205	15	review	review	NOUN
fbem-21453	205	16	.	.	PUNCT
fbem-21453	206	1	business	business	NOUN
fbem-21453	206	2	strategy	strategy	NOUN
fbem-21453	206	3	and	and	CCONJ
fbem-21453	206	4	the	the	DET
fbem-21453	206	5	environment	environment	NOUN
fbem-21453	206	6	,	,	PUNCT
fbem-21453	206	7	32(3	32(3	NUM
fbem-21453	206	8	)	)	PUNCT
fbem-21453	206	9	,	,	PUNCT
fbem-21453	206	10	1159–1174	1159–1174	NUM
fbem-21453	206	11	.	.	PUNCT
fbem-21453	207	1	https://doi.org/10.1002/bse.3099	https://doi.org/10.1002/bse.3099	VERB