The latest report from Kantar BrandZ, “2024 China’s Top 50 Global Brands,” highlights the dynamic growth and global reach of Chinese brands. The study, which has been conducted annually, provides valuable insights into the leading Chinese brands that have made significant impacts in international markets.
Meituan Dianping
Meituan Dianping (Meituan), founded in March 2010 and China’s leading e-commerce platform for local lifestyle services, went IPO in 2018 on Hong Kong Exchanges.
Meituan has developed into an all-rounded company providing a wide selection of daily-life services to consumers, such as food delivery, reviews, hotel & travel services, transportation, new initiatives and other, which was just a simply group-buying website eight years ago.
Meituan Active Paying Users & Total Merchants
Meituan's Core Businesses
It operates the mobile apps Meituan, China’s leading online marketplace for delivery and lifestyle services by Gross Transaction Volume, and Dianping, China’s leading online destination for discovering lifestyle services by monthly active users, according to iResearch.
In addition, it owns the Meituan Waimai brand for on-demand food and other delivery services and the Mobike brand for bike-sharing services.
Meituan focuses on mass-market, essential, and high-frequency service categories and has established market leadership in these core categories.
It is the world’s largest on-demand food delivery service provider and China’s largest e-commerce platform for in-store dining services, according to iResearch.
It offers merchants a wide range of solutions. Our solutions include targeted online marketing tools, cost-effective on-demand delivery infrastructure, cloud-based ERP systems, integrated payment systems, and supply chain and financing solutions.
Continue reading below for statistics, trends, and insights related to Meituan Dianping.
Meituan’s Q1 2024 Earnings Surge, Reflecting Robust Growth in China’s Internet Economy
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Douyin Challenges Meituan in China’s Local Services Market
As Douyin (internationally known as TikTok) expands its local services sector—consisting primarily of restaurant dining, comprehensive local services, and travel—it has rapidly claimed a significant market share, matching the performance of established giants like Meituan. According to an exclusive report by LatePost, Douyin’s sales in these services exceeded 100 billion yuan in the first quarter […]
China’s Consumer FMCG Market Snapshot 2023
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Top 500 Chinese brands in 2021; WeChat is China’s and the world’s strongest brand
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Meet China’s blue-collar mobile users
The monthly active mobile users of China’s blue-collar population has more than doubled from July 2016 to July 2020, from 15.48 million to 33.79 million, with an average annual growth of 21.5%. In the first and second-tier cities, the blue-collar is very active. However, the third and lower-tier cities also have great growth potential. The […]
The war is on between Alibaba and Meituan
Alibaba and Meituan could become a serious threat to each other. For Alibaba, it’s critical for its success in the local services sector with high hopes on Ele.me and Alipay. Lei Wang took on the role of CEO after Alibaba acquired Ele.me at US$9.5 billion in 2018. He then proposed that acquiring 50% of the […]
Meituan-bakced EV Li Auto to raise US$950M in US IPO
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China shopper trends 2019; premium products, small brands, new retail lead the future of FMCG market in China
China’s market for fast-moving consumer goods (FMCG) for at-home consumption remained robust in 2018, despite general concerns about a slowdown. Total spending on FMCG rose 5.2%, a slight increase over last year’s 4.7% gain. Overall, the two-speed growth scenario Kantar identified in 2016 has continued to evolve, with home care and personal care categories growing […]
China online accommodation market in Q4 2018; top 3 accounted 73%
China’s online accommodation booking market grew by 18.5% to US$7.01 bn in Q4 2018. The top 3 players combined accounted for 73.2% of the total. Ctrip placed first with a share of 46.4%. Meituan Dianping (14.3%) overtook Qunar (12.5%) to be the first runner-up. The online accommodation booking market totaled 47.11 billion yuan (US$7.01bn) in […]
65% China urban families purchased FMCG online in 2018
The annual growth rate of FMCG is the same as in 2017. Q4 performance is weaker than the previous quarter. The top players in the modern trade sector combined accounted for 37% of sales in 2018. Sun Art group maintained its leading position with 8.4% of share. Yonghui remained the fastest growing top players in 2018. 65% of China urban families […]
China online travel agency (OTA) market shares in Q3 2018
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WeChat testing Nearby Restaurants feature with top level entry path
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Meet Meituan, another China’s everyday app
Meituan Dianping (Meituan), China’s leading e-commerce platform for local lifestyle services updated its IPO prospectus previously filed with Hong Kong Exchanges this month. It plans to issue 480 million shares each priced between HK$60 and HK$72 with a value of at best 34.6 billion yuan (US$5.06 bn) and set to go public on September 20, […]