Meituan
Meituan is China's leading e-commerce platform for services, operating a suite of mobile applications that cater to a diverse range of needs, including food delivery, hotel booking, car-hailing, and entertainment services. Established in 2010, Meituan has grown to encompass over 200 service categories and serves approximately 2800 cities and counties across China. As of 2023, the company generated a significant portion of its revenue from on-demand services, alongside contributions from hotel bookings and new initiatives. With a dominant market share in food delivery, Meituan is evolving its business model to incorporate community group buying and online grocery services. The company aims to enhance the quality of life for its users and contribute to the development of smart cities through collaboration with government entities, educational institutions, and nonprofit organizations. By focusing on its core mission to help people eat and live better, Meituan continues to expand its influence in the e-commerce sector, positioning itself as a comprehensive service provider in daily life.
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