Meituan

Meituan is an online platform that offers discounted coupons for food and entertainment sectors. Read more

240 Followers on Owler
240 Followers on Owler
240 Followers on Owler
240 Followers on Owler

Meituan

Meituan is an online platform that offers discounted coupons for food and entertainment sectors. Read more

Wang Xing's photo - Chairman & CEO of Meituan

Chairman & CEO

Wang Xing

CEO Approval Rating

90/100

Founded:

2010

Status:

PublicIndependent CompanyHong Kong Stock Exchange03690

MEITUAN TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Lashou is perceived as one of Meituan's biggest rivals. Lashou was founded in 2009, and is headquartered in Chaoyang District, Beijing Municipality. Like Meituan, Lashou also competes in the Internet Software space. Lashou generates $17.1B less revenue vs. Meituan.

OpenRice is a top competitor of Meituan. OpenRice is a Private company that was founded in 1999 in Hong Kong, Other. Like Meituan, OpenRice also works within the Internet Software sector. Compared to Meituan, OpenRice has 57,327 fewer employees.

Burpple is Meituan's #3 rival. Burpple is headquartered in Singapore, Central Singapore, and was founded in 2012. Burpple operates in the Internet Software industry. Burpple generates 0.01% the revenue of Meituan.

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Meituan Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$17.6B

Meituan's revenue is the ranked 1st among it's top 10 competitors. The top 10 competitors average 1.4B. Over the last three quarters, Meituan's revenue has grown by 154.3%. Specifically, in Q4 2020's revenue was $8.9B; in Q3 2020, it was $5.4B; in Q2 2020, it was $3.5B.

Meituan Acquisitions

No recent acquisitions found related to Meituan

Meituan Funding History

Since Meituan was founded in 2010, it has participated in 8 rounds of funding. In total Meituan has raised $5.4B. Meituan's last funding round was on Sep 2018 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Sep 2018
--

Investment Fund
Jul 2018
$300M
-
Series C
Oct 2017
$4B
Equity
Jul 2016
--

China Resources Holdings

Series D
Dec 2014
$700M

Since Meituan was founded in 2010, it has participated in 8 rounds of funding. In total Meituan has raised $5.4B. Meituan's last funding round was on Sep 2018 for a total of $0

Meituan Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Gaussian Robotics is a China-based designer, manufacturer and supplier of autonomous floor cleaning robots for commercial and industrial sectors.
$100M
Apr 14, 2021
Series B
-
Flexiv is a China-based robotics company that designs and develops AI-based adaptive robots for automotive, manufacturing, healthcare and retail sectors.
$100M
Dec 29, 2020
Series B
-
PuduTech designs, develops and manufactures indoor meal delivery robots for the catering industry.
$15M
Aug 24, 2020
Series B
-
PuduTech designs, develops and manufactures indoor meal delivery robots for the catering industry.
$15M
Jun 30, 2020
Series B
-
Wangjiahuan is an agricultural company that provides cultivation, logistics and sales management services for the farming sector.
$87M
Mar 08, 2020
Series B
-

Meituan News

April 26, 2021Independent

China probes takeout firm Meituan over antitrust behavior

China's market regulator says it has launched a probe into suspected monopolistic behavior by food de... See more »
April 26, 2021MarketScreener

VOLUNTARY ANNOUNCEMENT

(marketscreener.com) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Lim... See more »
April 26, 2021MarketScreener

VOLUNTARY ANNOUNCEMENT

(marketscreener.com) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Lim... See more »
April 22, 2021IT Breaking News

Meituan raises $10 billion for self-driving cars, drone delivery

Chinese food delivery giant Meituan raised nearly $10 billion in a sale of convertible bonds and addi... See more »
April 21, 2021Tech In Asia

Tencent-backed Meituan to raise $10b to enter groceries, ride-hailing

The company will raise roughly US$7 billion in equity and US$3 billion through convertible bonds sale... See more »
April 21, 2021Livemint

Meituan CEO raises $10 Billion to develop promising technologies

Wang has raised a record $10 billion to develop promising technologies like autonomous delivery vehic... See more »
April 20, 2021The Sun Daily

Meituan raises US$10b in stock, convertible bond sale

HONG KONG: Food delivery behemoth Meituan has raised US$10 billion (RM41 billion) in a stock and conv... See more »

Meituan Press Releases

May 20, 2020PR Newswire Asia

Meituan Demonstrates its Contributions with the 2019 Corporate Social Responsibility Report

BEIJING, May 20, 2020 /PRNewswire/ -- Meituan Dianping (HKG: 3690), China's leading e-commerce platfo... See more »
August 23, 2019PR Newswire Asia

Meituan Dianping Announces Financial Results for the Three and Six Months Ended June 30, 2019

HONG KONG, Aug. 23, 2019 /PRNewswire/ -- Meituan Dianping (HKG: 3690) (the "Company" or "Meituan"), C... See more »
August 14, 2019WebWire

LDC signs strategic partnership with China e-commerce giant Meituan

To meet the growing demand of the catering industry in China, Louis Dreyfus Company (LDC) has signed ... See more »
July 17, 2019PR Newswire Asia

Meituan Launches China's First Charity Project to Support Children of Riders

BEIJING, July 17, 2019 /PRNewswire/ -- Meituan (HKG: 3690), China's leading e-commerce platform for s... See more »
July 3, 2019Thailand Press Release News

Meituan and Compass Hospitality Reach Strategic Cooperation Agreement

Meituan (HKG: 3690) (the Company), China#s leading e-commerce platform for services, and Compass Hosp... See more »
July 1, 2019PR Newswire Asia

Meituan Named One of 50 Smartest Companies by MIT Technology Review

BEIJING, July 1, 2019 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce... See more »

Social Media

Meituan Headquarters

6 Wangjing East Road

Chaoyang District, Beijing Municipality100102

4006-018900

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Meituan Summary

ABOUT

Overview

Meituan is an online platform that offers discounted coupons for food and entertainment sectors. Meituan was founded in 2010. Meituan's headquarters is located in Chaoyang District, Beijing Municipality, CN 100102. It has raised 5.4B in 8 rounds. The ...

CEO

Meituan's Chairman & CEO, Wang Xing, currently has an approval rating of 90%. Meituan's primary competitors are Lashou, OpenRice & Burpple.

Website

meituan.com

Frequently Asked Questions about Meituan

  1. When was Meituan founded?

    Meituan was founded in 2010
  2. Who is Meituan's CEO?

    Meituan's CEO is Wang Xing
  3. How much revenue does Meituan generate?

    Meituan generates $17.6B in revenue
  4. How much funding does Meituan have?

    Meituan has historically raised $5.4B in funding
  5. Where is Meituan's headquarters?

    Meituan's headquarters is in Chaoyang District Beijing Municipality, CN
  1. How many employees does Meituan have?

    Meituan has 57,566 employees
  2. What sector does Meituan operate in?

    Meituan is in Internet Software, E-commerce
  3. Who are Meituan's competitors?

    Meituan's top competitors are Lashou, OpenRice, Burpple
  4. Who has Meituan invested in?

    Meituan's has invested in companies such as Gaussian Robotics, Flexiv, PuduTech