TOPIC

/ company

Meituan

Meituan is the largest on-demand delivery-service provider in China by revenue. Its Meituan app is most commonly known for food delivery, but also provides shopping, film tickets, hotel and travel bookings, restaurant reviews, group discounts and bicycle rentals. As of 2022, the company had 6.24 million delivery riders and over 9.3 million merchants.

Chairman / President

Wang Xing

CEO / Managing Director

Wang Xing

CFO / Finance Director

Chen Shaohui

Industry

E-commerce

Website

meituan.com

Headquarters address

No. 4 Wangjing East Road, Chaoyang District, Beijing, China

Stock Code

SEHK:3690

Year founded

2010

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Low-altitude economy

Big Macs from above: Meituan and McDonald’s launch drone delivery in Shanghai

Fast-food orders will soar through the Shanghai sky, quickly reaching designated kiosks along the West Bund, offering a new way to collect meals.

14 Sep 2026 - 7:38PM

McDonald’s orders can be delivered by drone to the West Bund in Shanghai as part of a new arrangement with Meituan. Photo: handout

China consumption

End of the supermarket? Why China’s shoppers flock to small ‘community stores’

Young Chinese favour local grocery stores offering low prices and fast delivery, with some saying they haven’t been to a supermarket in years.

13 Sep 2026 - 4:00PM

Trending in China

Chinese food delivery platform sparks buzz after rider’s Singapore curry puff run

Founder of Hong Lim Curry Puff notes that this unique order showcases city state’s rich flavours to an international audience.

5 Sep 2026 - 9:00AM

Hong Kong stock market

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Mainland China

Meituan snaps losing streak with profitable June quarter as price wars cool

Revenue for the quarter rose 14.4 per cent year on year to 105 billion yuan, beating the consensus estimate of 101 billion yuan.

28 Aug 2026 - 8:41PM

Artificial intelligence

China’s internet army is quietly embedding AI into everyday lives

From RedNote to Meituan, digital platforms are bypassing third-party providers to build in-house AI models.

23 Aug 2026 - 7:00PMvideocam

Hong Kong transport

More ride-hailing firms target Hong Kong amid licensing roll-out, Mable Chan says

Transport chief says more than 7,500 people have applied for new combined taxi and ride-hailing vehicle written test.

23 Aug 2026 - 4:10PM

Hong Kong's first licensed ride-hailing services are not expected to launch until later this year. Photo: Jelly Tse

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JD.com’s second-quarter profit rises 15% as food-delivery losses narrow

Net revenue dips, but still beats analysts’ estimate, as e-commerce giant contends with weak demand and fierce competition.

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DFI plans to increase the number of mainland Chinese 7-Eleven outlets to 3,000 in ‘the next few years’, up from 2,000 now.

10 Aug 2026 - 3:18PM

A 7-Eleven convenience store in Lan Kwai Fong, Hong Kong. Photo: K. Y. Cheng

Artificial intelligence

China’s tech giants race to put AI on delivery riders’ heads

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3 Aug 2026 - 8:05PM

Delivery couriers ride bikes in Beijing on July 10. Photo: Reuters

China’s private sector

China hits Trip.com with US$765 million antitrust penalty

The country’s biggest online travel services provider is accused of abusing its ‘dominant market position’.

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Hong Kong economy

Hong Kong proposes job-related injury compensation for gig delivery workers

Proposals will only cover those in food and goods delivery services, as these two sectors employ most gig workers, bureau says.

10 Jul 2026 - 11:37PMvideocam

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Mainland investors buy more Hong Kong shares, favour SMIC, Zhipu AI

Onshore investors resoundingly reverse previous month’s outflow with US$3.5 billion in buying, led by AI-related shares.

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China’s private sector

Will share buy-backs help Chinese big tech companies rescue battered valuations?

Firms like Tencent and Alibaba are trying to boost investor confidence in the sector, whose stock prices have recently hit alarming lows.

2 Jul 2026 - 9:05AM

Chinese tech giants including Tencent, Alibaba, Meituan and Xiaomi have launched aggressive share buy-back plans to win back the confidence of investors in Hong Kong. Photo: Jelly Tse

Hong Kong stock market

Can Hong Kong absorb a US$100 billion share flood amid the global AI boom?

A surge in shares becoming eligible for trading comes as investors pour into AI-linked stocks in rival markets.

2 Jul 2026 - 8:30AMvideocam

Hong Kong Exchanges and Clearing in Exchange Square, Central, Hong Kong, on June 11. Photo: SCMP/Jelly Tse

Artificial intelligence

Meituan claims China’s biggest AI model trained on local chips

LongCat-2.0 boasts 1.6 trillion parameters and a million-token context window, on par with DeepSeek’s latest flagship model.

30 Jun 2026 - 2:59PM

Artificial intelligence

For China’s tech workers, AI ‘optimisation’ sounds like ‘unemployment’

China’s office workers are worrying whether their jobs can be done by artificial intelligence – and whether their companies will make the switch.

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Trending in China

Heroic Chinese delivery rider dies saving others; final wish was to buy dad a car

Jin’s heroism sparks online debates about whether it is ‘worth it’ to sacrifice one’s life to save others.

26 Jun 2026 - 6:00PM

A 20-year-old food delivery rider died while saving others. He will be remembered as a kind, devoted son who deeply cared for his family. Photo: Sina

Hong Kong stock market

Hang Seng Index briefly slips below 23,000 as Alibaba leads tech sell-off

Alibaba led Hong Kong tech stocks lower, pushing the Hang Seng briefly below 23,000 as AI and consumer worries hit sentiment.

25 Jun 2026 - 6:02PM

The city’s benchmark stock index briefly dipped below 23,000 as technology shares came under pressure. Photo: Jelly Tse

Hong Kong stock market

Hong Kong stocks rebound from choppy trading triggered by turmoil in US

Hang Seng Index bounces back after overnight plunge in Nasdaq-100 on concerns about frothy tech valuations.

24 Jun 2026 - 4:53PM

E-commerce

Dishing the dirt: official media alleges smear tactics in delivery battle

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22 Jun 2026 - 7:45PM

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Meituan

China’s answer to Google Maps now tells you where local taxi drivers eat lunch

Amap is harnessing AI to offer an array of new features, from 3D maps of indoor spaces to hyper-specific restaurant recommendations.

.css-1f6sr3w{color:#727272;}In Focus | Will US cloud computing restrictions rain on China’s AI parade?

China is beating the US in consumer AI adoption, thanks to super apps: report

Big Macs from above: Meituan and McDonald’s launch drone delivery in Shanghai

Fast-food orders will soar through the Shanghai sky, quickly reaching designated kiosks along the West Bund, offering a new way to collect meals.

End of the supermarket? Why China’s shoppers flock to small ‘community stores’

Young Chinese favour local grocery stores offering low prices and fast delivery, with some saying they haven’t been to a supermarket in years.

Chinese food delivery platform sparks buzz after rider’s Singapore curry puff run

Founder of Hong Lim Curry Puff notes that this unique order showcases city state’s rich flavours to an international audience.

Mainland Chinese investors buy Hong Kong AI stocks, sell financials

Net buying surges for third straight month as AI pivot benefits MiniMax, Alibaba and Tencent, while investors eschew traditional industries.

Meituan snaps losing streak with profitable June quarter as price wars cool

Revenue for the quarter rose 14.4 per cent year on year to 105 billion yuan, beating the consensus estimate of 101 billion yuan.

China’s internet army is quietly embedding AI into everyday lives

From RedNote to Meituan, digital platforms are bypassing third-party providers to build in-house AI models.

More ride-hailing firms target Hong Kong amid licensing roll-out, Mable Chan says

Transport chief says more than 7,500 people have applied for new combined taxi and ride-hailing vehicle written test.

China’s Mech-Mind Robotics set to take orders for US$300m IPO: sources

Developer of 3D cameras and AI software for robots raises target by US$100 million amid investor enthusiasm.

JD.com’s second-quarter profit rises 15% as food-delivery losses narrow

Net revenue dips, but still beats analysts’ estimate, as e-commerce giant contends with weak demand and fierce competition.

What is delaying Chinese AI giants switching from Nvidia to local chips?

High transition costs are keeping AI developers in China reliant on Nvidia chips, industry sources say.

China retail is ‘hardest’ market to crack due to online price wars, DFI CEO says

DFI plans to increase the number of mainland Chinese 7-Eleven outlets to 3,000 in ‘the next few years’, up from 2,000 now.

China’s tech giants race to put AI on delivery riders’ heads

From safety features to hands-free voice tools, JD.com has become the latest platform to launch AI-integrated headwear.

China hits Trip.com with US$765 million antitrust penalty

The country’s biggest online travel services provider is accused of abusing its ‘dominant market position’.

Hong Kong tech resilience tested as South Korea’s Kospi slides into bear market

Foreign investors have pulled US$110 billion from Seoul this year, rotating into undervalued Chinese giants as momentum seen slowing for expensive tech stocks.

China’s CXMT valued at US$85 billion in record Shanghai IPO

Chinese DRAM maker is set to raise 57.9 billion yuan (US$8.5 billion), nearly twice the amount earmarked for its investment projects.

Hong Kong proposes job-related injury compensation for gig delivery workers

Proposals will only cover those in food and goods delivery services, as these two sectors employ most gig workers, bureau says.

Mainland investors buy more Hong Kong shares, favour SMIC, Zhipu AI

Onshore investors resoundingly reverse previous month’s outflow with US$3.5 billion in buying, led by AI-related shares.

Will share buy-backs help Chinese big tech companies rescue battered valuations?

Firms like Tencent and Alibaba are trying to boost investor confidence in the sector, whose stock prices have recently hit alarming lows.

Can Hong Kong absorb a US$100 billion share flood amid the global AI boom?

A surge in shares becoming eligible for trading comes as investors pour into AI-linked stocks in rival markets.

Meituan claims China’s biggest AI model trained on local chips

LongCat-2.0 boasts 1.6 trillion parameters and a million-token context window, on par with DeepSeek’s latest flagship model.

For China’s tech workers, AI ‘optimisation’ sounds like ‘unemployment’

China’s office workers are worrying whether their jobs can be done by artificial intelligence – and whether their companies will make the switch.

Heroic Chinese delivery rider dies saving others; final wish was to buy dad a car

Jin’s heroism sparks online debates about whether it is ‘worth it’ to sacrifice one’s life to save others.

Hang Seng Index briefly slips below 23,000 as Alibaba leads tech sell-off

Alibaba led Hong Kong tech stocks lower, pushing the Hang Seng briefly below 23,000 as AI and consumer worries hit sentiment.

Hong Kong stocks rebound from choppy trading triggered by turmoil in US

Hang Seng Index bounces back after overnight plunge in Nasdaq-100 on concerns about frothy tech valuations.

Dishing the dirt: official media alleges smear tactics in delivery battle

Chinese media investigation alleges Meituan paid merchants to expose rival practices while facing similar complaints itself.

In Focus | Will US cloud computing restrictions rain on China’s AI parade?