About Meituan
Meituan is a publicly listed company based in Beijing (China) founded in 2010 by Wang Xing. It operates as an online group-buying platform offering coupons for multi-category products and services. Meituan has raised $9.86 billion across 9 funding rounds from investors including Tencent, Alibaba Group and Lightspeed Venture Partners. The company has 41,620 employees. Meituan has completed 6 acquisitions, including BeyondH, Dianping and Light Years Beyond. Its chief executive is Wang Xing. Its website meituan.com draws about 10 million monthly visits. Its focus areas include Coupons and Deals, Deals, O2O and Horizontal. Its competitors include Dianping, Lashou, Nuomi, Gaopeng and 24quan and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
Founded in 2010 in Beijing, China, Meituan functions as an e-commerce platform focused on group-buying. Coupons and deals are offered for food delivery, restaurant reservations, entertainment tickets, travel bookings, domestic services, and various other categories. Operations center on facilitating online purchases and bookings across multiple sectors, serving users primarily in China.
- Headquarters Beijing, China
- Employees 41,620
- Founders Wang Xing
- Stage Public
- SectorsRetail
- Website meituan.com
- Social LinkedIn X
- Legal Name Meituan Class B
- Annual Revenue$47.13 B (USD)19.69as on Dec 31, 2024
- Net Profit$5 B (USD)153.57as on Dec 31, 2024
- EBITDA$5.8 B (USD)174.31as on Dec 31, 2024
- Total Equity Funding$9.86B (USD)
in 9 rounds
- Latest Funding Round$1.5B (USD), Series F
Sep 2018
- InvestorsTencent
& 47 more
- Employee Count41,620
- Investments & AcquisitionsBeyondH
& 5 more
Apps and channels of Meituan
Meituan publishes 1 mobile app.
Funding Insights of Meituan
Meituan has successfully raised a total of $9.86B across 9 strategic funding rounds. The most recent funding activity was a Series F round of $1.5 billion completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $9.86B
- Total Rounds 9
- Last Round Series F — $1.5B
- First Round $10M
(Sep 2010)
- Investors Count 48
All 9 funding rounds of Meituan with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | $1.5B | Series F | – | Oppenheimer, China Chengtong | |
| Oct 2017 | $4B | Series F | – | Tencent | |
| Jul 2016 | – | Series E | – | China Resources | – |
| Jan 2016 | $3.3B | Series E | – | Tencent, DST Global Partners | |
| Jan 2015 | $700M | Series D | – | HongShan | |
| May 2014 | $300M | Series C | – | General Atlantic, IDG Capital | |
| Sep 2012 | – | Series B | – | – | – |
| Jul 2011 | $50M | Series B | – | Alibaba Group, Northern Light Venture Capital | |
| Sep 2010 | $10M | Series A | – | HongShan | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Meituan
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48 investors in total: 48 institutional.
Investors in Meituan
Meituan has secured backing from 48 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Alibaba Group and Lightspeed Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sovereign wealth is managed and private equity investments are facilitated. | – | gic.com.sg | Singapore, Singapore | |
early & growth stage tech and life sciences focused VC firm investing primarily in China and the US | – | trustbridgepartners.com | Shanghai, China | |
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Provider of an investment platform for various stages | – | coatue.com | New York, United States | |
Venture capital investment firm | – | dst-global.com | Menlo Park, United States | |
Private equity and venture capital are invested in Chinese SMEs. | – | capitaltoday.com | Hong Kong, China | |
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Venture capital firm backed by China Development Bank | – | cdb-capital.com | Xicheng, China | |
Provider of early stage venture capital focused on technology companies | – | nlvc.com | Menlo Park, United States | |
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States |
Investor details for Meituan
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People of Meituan
197 people are tracked at Meituan (57 in leadership, 140 in team); the tracked headcount is 41,620.
| Name | Role | Group |
|---|---|---|
Wang Xing | Co-Founder & CEO | Leadership |
Wang Huiwen | Co-Founder, Executive Director | Leadership |
Chen Shaohui | CFO & SVP, Financial Platform, Strategy & Investment platform | Leadership |
Shuo Wang | Senior GR Director | Leadership |
Shirley Shi | HR Head，restaurant Management System(rms), International Markets | Leadership |
Nan Jiang | Finance Business Partner | Leadership |
Mu Rongjun | Co-Founder, Executive Director & SVP, Financial Service Platform & Corporate Affairs Platform | Leadership |
Gaojiejenny | Sr Finance Director | Leadership |
Eddy Li | Head Of Hotel Chains And Parks | Leadership |
Whitney Yan Shuang | Associate Director, Global Communications | Leadership |
Xiaoling Zhao | Senior Director Of Financial Reporting | Leadership |
William Chen | Head Of Strategy Cooperation & Business Intelligence (autonomous Delivery) | Leadership |
Shaohui Chen | Vice President, Corporate Development | Leadership |
Nan Zhao | Director Of Business Analysis | Leadership |
Charles Yang | Vice President Finance | Leadership |
Renhu | Director Of Investment | Leadership |
Hui Liu | Head Of Finance, Hotel Business | Leadership |
Nancy Gao | Director, Strategic Partnerships - Global Chains | Leadership |
David Jiang | General Manager, Saas International Markets | Leadership |
Wenqian Zhu | Vice President, Corp Dev & Investments | Leadership |
177 more people are available in the full profile.
Complete people profiles for Meituan
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IPO & Listings of Meituan
Meituan is a publicly listed company on the HKEX with ticker symbol 3690 in Hong Kong, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Sep 2018
- Listed onHKG: 3690
- Listed entityMeituan Class B
- Exchange sectorTransportation
- ISINKYG596691041
- Share price76.95 HKD (+6.43% on the day) · 2026-10-14
- Market capitalisation446,489,244,822.00 HKD
- Volume (last session)51,216,598
Financials of Meituan
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 395.69B HKD | -25.33B HKD | -22.25B HKD |
| 2024 | 366.02B HKD | 38.82B HKD | 45.05B HKD |
| 2023 | 305.80B HKD | 15.31B HKD | 16.42B HKD |
| 2022 | 255.78B HKD | -7.78B HKD | 708.6M HKD |
| 2021 | 215.89B HKD | -28.37B HKD | -18.54B HKD |
Detailed financial statements for Meituan
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Investments & Acquisitions by Meituan
Meituan has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include BeyondH, Dianping and Light Years Beyond.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of AI-based general artificial intelligence solutions | lightyearsbeyond.tcc.mode | Beijing, China | 0 | Jun 2023 | $233.7M | |
SaaS tools for hotel management and analytics are provided. | beyondh.com | Shanghai, China | 2013 | May 2018 | •••• | |
App-based rental platform offering bicycles | mobike.com | Beijing, China | 2015 | Apr 2018 | $2.7B | |
Mobile point-of-sale payment products are developed and manufactured. | qiandai.com | Beijing, China | 2008 | Sep 2016 | •••• | |
Group buying discount deals are facilitated across multiple categories. | dianping.com | Shanghai, China | 2003 | Oct 2015 | $15B | |
Flight and hotel searches are provided for Chinese travelers. | kuxun.cn | Beijing, China | 2006 | – | •••• |
Complete acquisition details for Meituan
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Timeline of Meituan
10 dated milestones of Meituan across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Meituan is founded.
- Funding First funding round of $10.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Dianping.
- Acquisition Acquires Qiandai.
- Acquisition Acquires Mobike.
- Acquisition Acquires BeyondH.
- Funding Latest funding round, Series F, of $1.5B.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Light Years Beyond.
Competitors of Meituan
Meituan has 9 listed competitors in our database, 6 of them funded. They include Dianping, Lashou, Nuomi, Gaopeng and 24quan, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dianping.com | 2003 | Shanghai, China | $4.34B | – | Group buying discount deals are facilitated across multiple categories. | |
| lashou.com | 2010 | Beijing, China | $161M | – | Location based daily-deals & group buying portal | |
| nuomi.com | 2010 | Beijing, China | $160M | – | Local services deals are offered via group buying in China. | |
| gaopeng.com | 2010 | Beijing, China | $50M | – | Operates an online marketplace for group-buying deals on multi-category products and services. | |
| 24quan.com | 2009 | Beijing, China | $46.16M | – | - | |
| manzuo.com | 2006 | Beijing, China | – | – | Group buying and location-based marketing are facilitated online. | |
| ubuyibuy.com | 1999 | Hong Kong, China | – | – | Volume discounts are enabled for consumers via online group buying. | |
| ftuan.com | 2011 | Beijing, China | $10M | – | Dining and shopping group-buying deals are offered by FTuan. | |
| juhuasuan.com | 2010 | Hangzhou, China | – | – | Operates as Alibaba's dedicated group buying website for discounted products. |
Detailed competitors of Meituan
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Web traffic of Meituan
The website of Meituan (meituan.com) receives about 10M visits a month.
- Monthly visits10M
▼ 3.5% vs previous month
Websites whose visitors overlap most with Meituan. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dianping.com | 100% | 3.9M | #14,747 | View details | |
shop.jd.com | shop.jd.com | 79% | – | #32,105 | – |
| m18.com | 76% | – | – | View details | |
| suning.com | 76% | 1.1M | #53,326 | View details | |
| erp321.com | 75% | 2.8M | #26,722 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Meituan
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Top companies in Deals, Rewards & Comparison Platforms
10 companies that operate in the same segment as Meituan (Deals, Rewards & Comparison Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cashback is provided on multi-category product purchases via mobile app. | 2012 | Denver, Colorado, United States | USD 97.58 M | USD 342.39 M | 942 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Online platform for discovering and booking hotel accommodations at discounted prices | 2016 | San Francisco, California, United States | USD 226.3 M | – | – | |
Promotion-based circulars are digitized for retailers via an app-based solution. | 2006 | Toronto, Ontario, Canada | USD 78 M | – | 358 | |
Cashback is provided on multi-category products through an app-based platform. | 1997 | San Francisco, California, United States | – | USD 15.96 B | 29,330 | |
Cashback and coupon offers are provided for e-commerce shopping. | – | Gurugram, Haryana, India | USD 32.61 M | – | – | |
Honey is recognized for providing automatic coupons and deals online. | 2012 | Pasadena, California, United States | USD 9.8 M | – | – | |
Cashback is provided automatically through app on diverse purchases. | 2016 | Austin, Texas, United States | USD 87.36 M | – | 78 | |
Online platform offering rewards and cashback for multi-category products | 2014 | Singapore, Singapore, Singapore | USD 350 M | USD 98.96 M | 954 | |
Promotion management and cashback solutions are provided to retailers. | 2016 | Washington, District Of Columbia, United States | USD 250 M | – | 428 |
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Related news about Meituan
Complete news archive for Meituan
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Frequently Asked Questions about Meituan
Meituan was founded in 2010.
Meituan is headquartered in Beijing, China. It is registered at Beijing, Beijing, China.
Wang Xing is the current CEO of Meituan. They have also founded this company.
Meituan is a funded company, having raised a total of $9.86B across 9 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Sep 2010.
Meituan has 41,620 employees.
Annual revenue of Meituan is $47.13B as on Dec 31, 2024.
Founded in 2010 in Beijing, China, Meituan functions as an e-commerce platform focused on group-buying. Coupons and deals are offered for food delivery, restaurant reservations, entertainment tickets, travel bookings, domestic services, and various other categories. Operations center on facilitating online purchases and bookings across multiple sectors, serving users primarily in China.
Yes, Meituan is publicly traded on HKEX under the ticker symbol 3690.
Meituan has made 6 acquisitions, including BeyondH, Dianping, and Light Years Beyond.
Meituan has 48 investors. Key investors include Tencent, Alibaba Group, Lightspeed Venture Partners, General Atlantic, and Booking.
Yes. Meituan publishes 美团-美好生活小帮手.