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Meituan

Public profile

Meituan (Chinese: 美团; pinyin: Měituán; formerly Meituan–Dianping) is a Chinese technology company that operates a platform for local services including on‑demand food delivery, in‑store services and consumer reviews under the Dazhong Dianping brand, hotel and travel bookings, and instant retail. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The company launched an initial public offering on the Hong Kong Stock Exchange in September 2018. By the end of 2024, Meituan had over 770 million annual transacting users and over 14.5 million annual active merchants on its platform.

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📊 Financial3690 · HKEX

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▾ 🔗 Overlaps · same entity in both tables5matches

Entries the AI flagged as overlapping between Subsidiaries and Segments. Read both rows together — the subsidiary row shows the one-time deal; the segment row shows the recurring revenue contribution.

🏢 Meituan Dianping ↔ 🧩 Core Local Commerce 📊 operational view

Meituan Dianping is the overarching entity that comprises the core local commerce businesses, including food delivery and in-store services, which are reported under the 'Core Local Commerce' segment.
🏢 Ideal Power ↔ 🧩 Core Local Commerce 📊 operational view

Ideal Power, Meituan's bike-sharing service, is operationally part of the broader 'Core Local Commerce' segment, contributing to its mobility services revenue.
🏢 Meituan Select (Meituan Youxuan) ↔ 🧩 New Initiatives 📊 operational view

Meituan Select is a key part of the 'New Initiatives' segment, focusing on community e-commerce and grocery retail.
🏢 Wangjing ↔ 🧩 New Initiatives 📊 operational view

Wangjing, Meituan's B2B restaurant services, falls under the 'New Initiatives' segment, contributing to its enterprise solutions.
🏢 KeeTa ↔ 🧩 Core Local Commerce 📊 operational view

KeeTa, Meituan's international food delivery expansion, is a direct operational component of the 'Core Local Commerce' segment.

▾ 🧩 Sum of the parts6 rows · est. $85B total

Name	Type	% stake	Paid	Annual rev	Now worth	×% our share	Note
Core Local Commerce ↔ KeeTa · acq. 2023	🧩+🏢 merged	100.0%	—	$30.0B	$70.0B	$70.0B	Includes food delivery, in-store, hotel & travel, Meituan Instashopping, and bike-sharing services.(internally built)
New Initiatives ↔ Wangjing · acq. 2019	🧩+🏢 merged	100.0%	—	$10.0B	$15.0B	$15.0B	Includes Meituan Select (community e-commerce), Meituan Grocery, B2B food distribution, and other new businesses.(internally built)
Other	🧩 segment	100.0%	—	—	—	—	holdings not assigned to a reported segment
Ideal Power · acq. 2020	🏢 subsidiary	100.0%	—	—	—	—	Meituan's bike-sharing service, part of its mobility offerings.(internally built)
Meituan Dianping · acq. 2015	🏢 subsidiary	100.0%	—	—	—	—	Result of the merger between Meituan and Dianping, forming the core of the current company.(internally built)
Meituan Select (Meituan Youxuan) · acq. 2020	🏢 subsidiary	100.0%	—	—	—	—	Community e-commerce platform for groceries and daily necessities.(internally built)