Chinese name:美团
Meituan is a Chinese technology retail company founded in 2010. With the “Retail + Technology” strategy as the core, it is committed to promoting the digital upgrade of service retail and merchandise retail. Its mission is to “help everyone eat better and live better”, and use technological innovation as a means to connect consumers and merchants and provide diverse services
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Meituan has a wide range of business, covering food delivery, hotel travel, movie ticketing, fresh food retail and other fields. It is China’s leading life service e-commerce platform. As of 2022, Meituan platform has 670 million annual transaction users and 9.30 million active merchants
Meituan dominates the food delivery market through its strong traffic and delivery network, and continues to expand into new business areas such as community group buying, short-distance instant delivery and long-distance physical e-commerce
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Meituan’s development process can be divided into several stages: initially starting with group buying, then gradually expanding into services such as movie ticketing, hotel booking and food delivery, and eventually forming a comprehensive local life service platform
Meituan further solidified its leadership in local life services after merging with Dianping in 2018 and successfully listed in Hong Kong, China in 2019
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Meituan not only has outstanding performance in the domestic market, but also actively expands the international market. Its services have covered all major cities in China and have carried out business in many overseas countries or regions. In addition, Meituan has also improved user experience and operational efficiency through technological innovation and optimized supply chain management, such as the introduction of intelligent dispatch system to shorten delivery time
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Meituan has become a leading enterprise in the field of local life services in China by continuously expanding its business scope and improving service quality, and has demonstrated strong competitiveness and market influence globally.