Meituan Stock

meituan.comConsumer & LifestyleFounded: 2010Funding to Date: $8T

Meituan is an e-commerce platform offering over 200 service categories, including catering, on-demand delivery, car-hailing, bike-sharing, hotel and travel booking, movie ticketing, and other entertainment and lifestyle services.

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Team

Management Team

David Jiang
Head of Corporate Strategy
Chen Shaohui
CFO
Xing Wang
CEO

Board Members

Mu Rongjun
Meituan
Xing Wang
Meituan

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News

Meituan becomes the latest Chinese tech major to begin large-scale layoffs. Companies are replacing veteran employees with cheaper new hands.
Chinese food delivery giant Meituan said on Tuesday that it would lower commissions for merchants on its platform, including capping fees for around a million small and medium sized merchants facing operational difficulties at 5% this year.
Meituan faces a profit squeeze as Chinese regulators order platforms to cut fees to help small businesses.