Meituan

Meituan, established in 2010 and headquartered in Beijing, China, operates a comprehensive online platform offering retail and group buying services. It specializes in delivering Chinese food from local restaurants and provides online group discounts for a wide range of sectors, including movies, groceries, restaurants, entertainment, and health/fitness. As of 2020, Meituan holds a dominant 70.7% share in China's food delivery market. Its revenue streams are primarily derived from on-demand services (58%), hotel booking, coupon sales, and advertising (17%), with new initiatives contributing the remaining 25%. These new initiatives, such as community group buying and non-food delivery, are poised to transform Meituan into a broader grocer and logistics business, potentially surpassing food delivery as its primary focus.

Xing Wang

Co-Founder, CEO and Chairman

Tao Zhang

Founder and CEO

Past deals in Catering

PuduTech

Series C in 2023
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

Caimomo

Acquisition in 2021
Caimomo is a SaaS cloud catering management system that covers functions such as front desk cashier, self-service ordering, mobile payment, member marketing, procurement inventory, logistics management, functions of catering enterprises, and more. It is a restaurant management platform.

PuduTech

Series C in 2021
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

PuduTech

Series C in 2021
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

PuduTech

Series B in 2020
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

PuduTech

Series B in 2020
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

HUALALA

Venture Round in 2020
HUALALA provides a SaaS solution for chain catering informatization. HUALALA's products cover the entire catering industry and all business links, with the goal of developing a data-driven, refined, and visualized new catering operation and management model. HUALALA provides catering supply from research and development to raw material procurement, processing, and cold chain logistics distribution Chain service, as well as promotes catering chain development and provides an infrastructure platform for it.

Wangjiahuan

Series B in 2020
Wangjiahuan operates an agricultural product logistics platform that serves a variety of institutions, including government agencies, hospitals, schools, chain restaurants, and large supermarkets. The company focuses on providing high-quality catering services, particularly in the context of group meals for schools, hospitals, and large enterprises. Wangjiahuan emphasizes understanding customer needs, offering tailored and balanced catering solutions such as nutritious meals for students and energizing options for workers. In addition to catering, the platform encompasses agricultural product cultivation, logistics, clean vegetable processing, and e-commerce, ensuring comprehensive support for its clients in the food services industry.

Yihao Foodstuff

Series B in 2020
Guangdong Yihao Foodstuff Co., Ltd., established in 2004 and headquartered in Guangzhou, China, is a prominent food enterprise specializing in research and development, aquaculture production, and supply chain management. The company is recognized for its commitment to maintaining high product quality, ensuring customer satisfaction, and enhancing brand awareness. Since its inception, Yihao Foodstuff has expanded its operations significantly, establishing a presence in over 30 major cities, including Guangzhou, Shenzhen, Beijing, and Shanghai. This strategic expansion supports the company’s goal of promoting its brand nationally while contributing to the overall development of the food industry in China.

HUALALA

Series B in 2018
HUALALA provides a SaaS solution for chain catering informatization. HUALALA's products cover the entire catering industry and all business links, with the goal of developing a data-driven, refined, and visualized new catering operation and management model. HUALALA provides catering supply from research and development to raw material procurement, processing, and cold chain logistics distribution Chain service, as well as promotes catering chain development and provides an infrastructure platform for it.

Order Handler

Series A in 2018
Order Handler is a company based in Shanghai, China, specializing in online marketing and operational solutions for the catering industry. It provides comprehensive services that assist catering merchants in building and managing their online stores, while also offering consulting on traffic generation, membership management, menu design, and brand development. The company leverages its research and development capabilities to address the challenges faced by catering businesses. Additionally, Order Handler operates a SaaS platform that analyzes delivery service performance across various metrics, helping restaurants optimize their online sales strategies. With a user base of 120,000, Order Handler is committed to enhancing the online presence and operational efficiency of catering brands.

Passiontec

Acquisition in 2018
Passiontec is a community e-commerce platform for life services. The company offers services including catering, food delivery, taxi-hailing, shared bicycles, hotel travel, movies, leisure activities, and entertainment, and it has apps that are well-known to customers like Meituan, Dianping, and Meituan Waimai. It is a social company that aims to develop a smart city and a better way of life by working closely with government and party agencies, academic institutions, the general public, public welfare organizations, and ecological partners.

Acewill

Series C in 2018
Acewill is a Software-as-a-Service (SaaS) provider focused on the catering industry. The company develops a comprehensive platform that offers various solutions, including cashier systems, digital marketing services, finance management, chain logistics systems, and supply chain management. By leveraging its technology, Acewill aims to help restaurants enhance their operational efficiency and profitability.

Dajialai

Series A in 2017
Dajialai is a Shanghai-based intelligent catering management solution provider. Its system can manage ordering, payment, membership, inventories and invoices for medium and large or chain restaurants.

TzxStar

Series B in 2017
TzxStar provides catering and restaurant information services.

Canyin Laoban Neican

Series A in 2016
Canyin Laoban Neican is a platform for the operation and management of catering enterprises. They provide systematic knowledge services for catering experts. They offer course modules such as store operation courses and product practical courses that endow catering operators with multi-dimensional capabilities such as data capabilities, product capabilities, operation management capabilities, brand capabilities, supply chain capabilities, and chain operation capabilities, and provide community connections, in-depth consultation, and innovative services.

Acewill

Series B in 2015
Acewill is a Software-as-a-Service (SaaS) provider focused on the catering industry. The company develops a comprehensive platform that offers various solutions, including cashier systems, digital marketing services, finance management, chain logistics systems, and supply chain management. By leveraging its technology, Acewill aims to help restaurants enhance their operational efficiency and profitability.
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