TOPIC

/ company

Meituan

Meituan is the largest on-demand delivery-service provider in China by revenue. Its Meituan app is most commonly known for food delivery, but also provides shopping, film tickets, hotel and travel bookings, restaurant reviews, group discounts and bicycle rentals. As of 2022, the company had 6.24 million delivery riders and over 9.3 million merchants.

Chairman / President

Wang Xing

CEO / Managing Director

Wang Xing

CFO / Finance Director

Chen Shaohui

Industry

E-commerce

Website

meituan.com

Headquarters address

No. 4 Wangjing East Road, Chaoyang District, Beijing, China

Stock Code

SEHK:3690

Year founded

2010

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The early introduction of the service reflects heightened domestic demand for efficient and affordable delivery of goods ordered online.

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Alibaba

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E-commerce

China’s delivery services market faces shake up as JD.com takes on Meituan

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China manufacturing

‘Harder you work, less you gain’: China state media slams excessive competition

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24 Apr 2025 - 10:11AMvideocam

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Stocks

Tencent tops Chinese mutual funds’ holdings as Hong Kong stocks gain traction

Some 1,200 mainland Chinese mutual funds held a combined 151 million Tencent shares worth US$9.5 billion at the end of the first quarter.

23 Apr 2025 - 5:00PM

E-commerce

JD.com boss delivers food in publicity stunt to challenge Meituan

The move reflects the e-commerce giant’s commitment to expanding its recently launched food delivery business, analysts say.

22 Apr 2025 - 5:00PM

E-commerce

JD and Meituan food fight spills into public in Chinese delivery platform spat

In a public letter, JD.com accused a ‘rival platform’ of preventing delivery riders from using multiple platforms, for which Meituan was fined in 2021.

21 Apr 2025 - 9:30PM

A Meituan delivery worker walks among office towers in Beijing on March 27. Photo: Reuters

Hong Kong tourism

Can Hong Kong look beyond its ‘shopping paradise’ era and attract tourists again?

Panel of experts at industry summit urge tourism trade to incorporate more technology to help meet needs of visitors, especially young people.

17 Apr 2025 - 12:05AM

E-commerce

China’s fast delivery market to see ‘clash of titans’ as JD.com takes on Meituan

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16 Apr 2025 - 6:30PM

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China mends fences with big tech in consumption, employment push

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Hong Kong stock market

Hong Kong stocks rise even as looming Trump tariffs keep sentiment in check

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24 Mar 2025 - 5:28PM

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Hong Kong economy

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Hong Kong economy

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Head of Federation of Hong Kong and Kowloon Labour Unions says a third of about 200 delivery riders contacted are worried about livelihoods.

12 Mar 2025 - 5:57PM

Hong Kong economy

Food delivery platform Deliveroo to exit Hong Kong market in April

Deliveroo says it has nominated liquidators to manage closure of the business and the remainder of its assets.

11 Mar 2025 - 10:00AM

Deliveroo Hong Kong’s platform will remain active until April 7. Photo: Jelly Tse

E-commerce

JD.com nearly triples quarterly profit on back of revived consumer spending

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China’s food-delivery platforms vow welfare coverage for armies of riders

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19 Feb 2025 - 5:30PM

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Artificial intelligence

Lunar New Year travellers try to outsmart algorithms for cheaper fares

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30 Jan 2025 - 10:00AMvideocam

Food and Drinks

7 Hong Kong restaurants newly awarded in Black Pearl Restaurant Guide 2025

37 Hong Kong restaurants are on the Michelin-equivalent list published by Meituan, among them The Chairman – now a three-diamond-rated spot.

7 Jan 2025 - 6:36PM

Artificial intelligence

China’s tech giants vow to fix algorithm issues amid crackdown

ByteDance’s Douyin, PDD’s Pinduoduo, and Xiaohongshu have promised to address issues related to the misuse of algorithms.

4 Jan 2025 - 3:00PM

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China economy

My Take | China economy: Beijing must make strong preparations for a period of slow growth

China is expected to record 5 per cent economic growth this year, but that number has lost its relevance to many investors and consumers.

31 Dec 2024 - 7:00AM

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E-commerce

Meituan ditches delivery penalty amid China’s algorithm crackdown

The shift is part of the changes to the company’s overarching algorithms that determine a series of operational procedures for its couriers.

17 Apr 2025 - 2:15PMvideocam

Artificial intelligence

China faces AI talent shortage in otherwise booming industry, report finds

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21 Dec 2024 - 9:00AMvideocam

E-commerce

China’s food delivery platforms force riders to take breaks after long hours

Meituan and Ele.me are using ‘fatigue management’ systems in several cities, halting orders after 12-hour days, as work climbs in slowing economy.

18 Dec 2024 - 5:30PM

Food delivery couriers for Ele.me (left) and Meituan cross paths in Beijing on September 01, 2023. Photo: Simon Song

E-commerce

Walmart partners with Chinese delivery giant Meituan for speedy service

The world’s largest retailer is partnering up with another Chinese tech firm four months after dumping its stake in JD.com.

17 Dec 2024 - 9:00PM

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E-commerce

Exclusive | China’s Meituan to expand Keeta food delivery service to more Middle East cities

Wang Xing, founder and CEO of Meituan, said last week that the company has seen some ‘encouraging results’ in Saudi Arabia.

2 Dec 2024 - 1:32PM

E-commerce

Meituan’s quarterly revenue soars 22% on local commerce growth

The Chinese food delivery giant’s revenue for the September quarter reached 93.6 billion yuan.

13 Jan 2025 - 2:30PM

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