Meituan

Beijing, China Founded: 2010 • Age: 16 yrs
Online group-buying platform offering coupons for multi-category products and services
Annual revenue $47.1B Latest available
Total funding $9.9B 9 rounds
Employees - Tracked headcount
Investors 21 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Meituan

Meituan is a company based in Beijing (China) founded in 2010 by Wang Xing. Meituan has raised $9.86 billion across 9 funding rounds from investors including Tencent, Alibaba Group and General Atlantic. Meituan has completed 5 acquisitions, including BeyondH, Dianping and Light Years Beyond. Meituan operates in a competitive market with competitors including Dianping, Lashou, Nuomi, Gaopeng and 24quan, among others.

  • Headquarter Beijing, China
  • Founders Wang Xing
  • Stage Public
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Meituan Class B
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $47.13 B (USD)
    19.69
    as on Dec 31, 2024
  • Net Profit
    $5 B (USD)
    153.57
    as on Dec 31, 2024
  • EBITDA
    $5.8 B (USD)
    174.31
    as on Dec 31, 2024
  • Total Equity Funding
    $9.86 B (USD)

    in 9 rounds

  • Latest Funding Round
    $1.5 B (USD), Series F

    Sep 01, 2018

  • Investors
    Tencent

    & 20 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    BeyondH

    & 4 more

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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.

Exchange: HKEX · Ticker: 3690 · Sector: Transportation · Hong Kong

People of Meituan

Headcount 10000+
Employee Profiles 199
Employee Profiles
People
Haonan Luo
战略投资分析师
People
Wang Huiwen
Co-Founder, Executive Director
People
Chen Liang
SVP, Optimal Business Unit
People
Chen Shaohui
CFO & SVP, Financial Platform, Strategy & Investment platform

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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.

Investors in Meituan

Meituan has secured backing from 21 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Alibaba Group and General Atlantic.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sovereign wealth is managed and private equity investments are facilitated.
Locked Locked Locked
early & growth stage tech and life sciences focused VC firm investing primarily in China and the US
Locked Locked Locked
Venture and private equity investments are managed with global diversification.
Locked Locked Locked
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Investor details for Meituan

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Meituan

Meituan has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include BeyondH, Dianping and Light Years Beyond.

Investments
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Investment portfolio details for Meituan

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
App-based rental platform offering bicycles
Locked Locked 2015 Locked
SaaS tools for hotel management and analytics are provided.
Locked Locked 2013 Locked
Mobile point-of-sale payment products are developed and manufactured.
Locked Locked 2008 Locked
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Complete acquisition details for Meituan

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Meituan

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Detailed financials for Meituan

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  • Profit trends
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Meituan Comparisons

Meituan Primary company
Description
Online group-buying platform offering coupons for multi-cate...
Location
Beijing, China
Founded Year
2010
Annual Revenue
$47.13 B (USD)
Net Profit
$5 B (USD)
EBITDA
$5.8 B (USD)
Employees
Not available
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Peer comparison for Meituan

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Competitors of Meituan

Meituan operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dianping, Lashou, Nuomi, Gaopeng and 24quan, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Group buying discount deals are facilitated across multiple categories.
Locked Locked Locked
Location based daily-deals & group buying portal
Locked Locked Locked
Local services deals are offered via group buying in China.
Locked Locked Locked
Operates an online marketplace for group-buying deals on multi-category products and services.
Locked Locked Locked
-
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Detailed competitors of Meituan

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Meituan

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Complete news archive for Meituan

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Meituan

Meituan was founded in 2010.

Meituan is headquartered in 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.

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.

Meituan's top competitors include Dianping, Lashou and Nuomi.

Yes, Meituan is publicly traded on HKEX under the ticker symbol 3690.

Meituan has made 5 acquisitions, including BeyondH, Dianping, and Light Years Beyond.

Meituan has 21 investors. Key investors include Tencent, Alibaba Group, General Atlantic, Booking, and Baillie Gifford.

The ticker symbol of Meituan is 3690 on HKEX.

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