Meituan

Meituan is a big company in China. A man named Wang Xing started it. It helps people get many things. People use it to order food. It can also book hotel rooms.

Many people use the app every year. They can also buy flowers or medicine. The company uses many delivery drivers. It even uses small robots to help. These robots can drive themselves.

Meituan is now in other lands too. It uses the name Keeta in new places. It brings food to places like Hong Kong. It also goes to places far away. This helps many new people use it.

Meituan is a big technology company from China. Wang Xing started the company in 2010. It is based in Beijing. The company helps people find many local services. Many people use it to order food. It is the largest food delivery platform in China. It holds over 65% of the market share. This means it serves more people than its main rivals.

Meituan does more than just deliver meals. Users can book hotels and travel. They can also shop for groceries or medicine. The company uses a huge network to move items. This network includes over 1 million daily delivery drivers. Meituan is even testing new ways to deliver goods. They use unmanned aerial vehicles, which are drones. These drones can fly up to five kilometers. They can even work in bad weather. They also use self-driving vehicles in big cities.

Meituan is now growing in other parts of the world. It uses the brand name Keeta outside of China. It has launched services in Hong Kong. It also has services in Saudi Arabia and Qatar. The company is even in Brazil. Meituan wants to help people everywhere.

Meituan is a huge technology company from China. It helps people find many local services through a single platform. People use it to order food, book hotels, and travel. It also offers instant retail services like getting groceries or medicine. The company is based in Beijing. It is very important because it connects millions of people to local businesses.

This platform works through a massive delivery and logistics network. This network covers 2,800 counties and cities across China. It uses over 1 million daily active delivery drivers to move items. Meituan also uses new technology to help with deliveries. They use unmanned aerial vehicles, which are drones, to fly items up to five kilometers. These drones can even work in bad weather. They also use self-driving vehicles in crowded cities like Shanghai and Beijing.

Wang Xing started Meituan in 2010. Before this, he founded Xiaonei and Fanfou. In 2014, the company held 60% of the market for group-buying websites. Meituan and Dianping became one company on October 8, 2015. Later, the company changed its name from Meituan Dianping to just Meituan. In September 2018, it joined the Hong Kong Stock Exchange. This was a big step for the company's history.

Meituan has many impressive numbers. By the end of 2024, it had over 770 million annual transacting users. It also works with over 14.5 million annual active merchants. In China, it is the largest food delivery platform. It holds over 65% of the food delivery market. This is much larger than its main competitor, Ele.me, which holds less than 30%. The company also uses artificial intelligence to help customers.

Today, Meituan is expanding far beyond mainland China. It uses a brand name called Keeta for its international work. Keeta started in Hong Kong in May 2023. It then moved to Riyadh in Saudi Arabia in September 2024. The company also expanded to Qatar and the UAE in 2025. It even entered the food delivery market in Brazil in October 2025. This shows how Meituan is becoming a global brand.

Meituan is a major Chinese technology company that operates a massive platform for local services. It connects consumers with businesses through various digital tools and logistics networks. The platform provides services like on-demand food delivery, in-store services, hotel and travel bookings, and instant retail. It also uses consumer reviews through its Dazhong Dianping brand to help users make decisions. Because it bridges the gap between digital orders and physical delivery, Meituan is a central part of the modern economy in China and beyond.

The company operates through a complex logistics and supply chain infrastructure network. This network allows for a guaranteed delivery system across 2,800 counties and cities in China. To make this work, Meituan relies on a massive workforce of delivery drivers. In 2021, there were 5.27 million delivery drivers earning money on the platform, with over 1 million of them being active every single day. This infrastructure supports different types of delivery speeds depending on the city tier. Some services provide instant delivery, while others focus on next-day delivery for different types of goods.

Meituan offers several distinct service types to meet different consumer needs. The food delivery service, established in 2013, is a primary source of revenue and drives users to other parts of the platform. For retail, the Meituan Instashopping Service allows small businesses to offer products like flowers or medicine through instant or next-day delivery. There is also Xiaoxiang Supermarket, which is an online supermarket for fresh produce and pharmaceuticals. For items that are not needed immediately, such as appliances or clothing, the Meituan Select platform provides next-day delivery using a bulk purchasing model. This model groups orders together to create cost savings for customers.

The history of Meituan is defined by rapid growth and strategic mergers. It was founded in 2010 by Wang Xing, who previously founded Xiaonei and Fanfou. In the mid-2000s, there were roughly 2,000 different voucher-selling companies in the industry. Through intense competition and consolidation, Meituan became a dominant player. By 2014, it held a 60% market share of deal-of-the-day group-buying websites in China. A major turning point occurred on October 8, 2015, when Meituan merged with the group-buying site Dianping. In September 2018, the company launched its initial public offering (IPO) on the Hong Kong Stock Exchange at HK$69 per share.

Meituan’s scale is reflected in its significant market statistics and financial milestones. By the end of 2024, the platform reached over 770 million annual transacting users. It also supports more than 14.5 million annual active merchants. In the food delivery sector, Meituan is the clear leader with over 65% of the market share in China. This is significantly higher than its main competitor, Ele.me, which holds less than 30%. The company has also managed large amounts of capital, such as raising $9.98 billion in 2021 through the sale of equities and convertible bonds.

Technology is a major part of Meituan's current operations, specifically in the fields of artificial intelligence and autonomous transport. In 2023, the company acquired the AI startup Light Year for $281 million. This led to the development of the LongCat family of large language models, including multimodal and video generation models. Meituan also uses an AI agent called Xiaomei to assist customers with bookings. For physical delivery, the company uses unmanned aerial vehicles (UAVs), also known as drones, which can fly up to five kilometers even in bad weather. They also utilize self-driving vehicles in dense cities like Beijing and Shanghai through partnerships with companies like Li Auto Inc.

Finally, Meituan is expanding its reach through an international brand called Keeta. This global expansion began in May 2023 with a pilot in Hong Kong. Since then, the company has moved into the Middle East, launching in Riyadh, Saudi Arabia, in September 2024. They have also expanded into Qatar and the United Arab Emirates in 2025. Most recently, in October 2025, Meituan entered the Latin American market by launching food delivery services in Brazil. This movement shows how a local Chinese service provider is transforming into a global technology entity.