Meituan was founded in 2010 by Wang Xing. While the company is publicly traded in Hong Kong, it remains private in the United States as of March 2023.

Meituan is an ecommerce platform that operates a suite of apps across a variety of services including drone-powered food delivery and consumer retail. The company is notable for the scale of its fundraising rounds, bringing in billions of dollars of venture capital funding from investors including Alibaba, Sequoia, General Atlantic, Tencent, Trust Bridge Partners, CDB Capital, Capital Today, Baillie Gifford, Temasek Holdings, and the Canada Pension Plan Investment Board. Meituan was valued at $100 billion in 2020, though this figure has reportedly dropped by up to $40 billion.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Register for Details

For more details on financing and valuation for Meituan, register or login.

Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Updated on: Apr 18, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.