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Meituan Reviews

Beijing, China

5.0/ 5

3 reviews

Meituan is a prominent Chinese technology company that operates a leading multi-sided platform for local services and e-commerce. Founded in March 2010 by Wang Xing, who serves as the Chief Executive Officer and Chairman, the company is headquartered in Beijing, China. Meituan expanded significantly over the decade, notably merging with the popular restaurant review platform Dianping in 2015 to form Meituan-Dianping, before strategically reverting its name to Meituan in October 2020. The company completed its initial public offering on the Main Board of the Stock Exchange of Hong Kong in September 2018 under the ticker symbol 3690. Operating under the core strategy of "Retail + Technology," Meituan connects consumers and local merchants through an integrated digital ecosystem. The company officially reports its financial and operational performance across two primary business segments: Core Local Commerce and New Initiatives. The Core Local Commerce segment forms the bedrock of Meituan's operations and revenue generation. It includes its flagship on-demand food delivery service, where Meituan holds a dominant market position in China with a substantial market share. This segment also encompasses Meituan Instashopping—an instant retail service facilitating the rapid delivery of daily goods, groceries, medicines, and flowers from local supermarkets and neighborhood merchants. Additionally, it covers in-store dining deals, merchant marketing services, and comprehensive hotel and travel booking platforms, making the application an all-in-one "Super App" for lifestyle and tourism services. The New Initiatives segment consists of more investment-heavy, forward-looking retail models and expansion projects. This includes the community group buying service known as Meituan Select, B2B food distribution networks (Kuailv), Xiaoxiang Supermarkets, shared mobility solutions such as bike and e-moped sharing (Mobike), and pilot programs for autonomous drone deliveries. Furthermore, Meituan has actively invested in artificial intelligence. In 2023, the company acquired the AI startup Light Year and subsequently released its "LongCat" series of large language models, optimized for chat, multimodal interactions, and video generation. While historically focused on mainland China—utilizing a massive fulfillment network of millions of active delivery drivers across thousands of cities—Meituan has pursued a selective international expansion strategy. Operating overseas under the "Keeta" brand, the company launched its food delivery platform in Hong Kong in 2023, followed by strategic market entries into Riyadh, Saudi Arabia in 2024, and Brazil in late 2025. Employing over 111,000 people globally, Meituan continues to leverage software, data analytics, and logistics technology to advance its corporate mission: "We help people eat better, live better.