Meituan
Overview
Meituan is a Chinese technology platform connecting consumers to local services, including food delivery, travel, and retail. It dominates China's on-demand service market as the largest food delivery provider. Notable for its hyperlocal logistics network, it processes over 50 million daily orders.
Description
Meituan is China's leading e-commerce platform for local services, connecting consumers with merchants in food delivery, hotel booking, travel, and lifestyle services. It dominates the on-demand delivery market through its Meituan Waimai service and competes with Alibaba and Didi in various segments. The company leverages a massive network of delivery riders and merchant partnerships to serve hundreds of millions of users across China.
Founded2010
Employees100000.0
Market Cap80B
Revenue34.5B
TickerHKEX:3690
CEOWang Xing
HeadquartersBeijing
Key Facts
- Meituan Waimai (food delivery)
- Meituan Hotel & Travel
- Meituan Grocery (Meituan Maicai)