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

China economy

Price wars in China

Intense price competition in China, known as “neijuan” or involution, is causing deflationary risks, corporate losses, reduced investments and wage pressure.

7 Jan 2026 - 10:55AM

Hong Kong stock market

Hong Kong stocks hit 7-week high as investors diversify into Chinese tech names

6 Jan 2026 - 4:24PM

Trending in China

China food delivery platform names Jay Chou as brand ambassador, backed by lookalikes

30 Dec 2025 - 9:00AM

China economy

Opinion | Protection of vulnerable workers must be part of China’s AI strategy

Unemployment and underemployment are a double whammy that the Chinese leadership cannot ignore.

20 Dec 2025 - 5:30AMvideocam

E-commerce

Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up

Partnership designed to expand warehouse network and boost Taobao Shangou’s rapid service as rivals Meituan and JD.com scale up facilities.

19 Dec 2025 - 6:15PM

Trending in China

China CCTV removes short film that ‘romanticises’ food delivery work after backlash

‘Fairy tale’ video which says often dangerous job with long hours brings workers ‘closer to their dreams’ is branded ‘disgusting’ by critics.

17 Dec 2025 - 2:00PM

Artificial intelligence

ByteDance dominates China’s tech hiring as AI talent demand surges

ByteDance tops rivals Meituan and Alibaba in recruitments this year, according to professional social networking platform Maimai.

16 Dec 2025 - 7:00AMvideocam

ByteDance is the leading recruiter of tech talent in mainland China this year. Photo: AFP/Getty Images/TNS

Apple

Apple takes China’s smartphone battle house to house with 3-hour iPhone delivery

Apple is ramping up the fight for the Chinese market as rivals Huawei and Xiaomi pile on the pressure.

11 Dec 2025 - 5:06PM

Artificial intelligence

Power and data centres will put China ahead of US in the AI race, says investor

AI is now a race to build data centres and secure electricity, says investor Allen Zhu, who argues China’s energy push puts it ahead.

10 Dec 2025 - 6:00PM

Hong Kong stock market

Hong Kong stocks end higher as China stimulus hopes spark property rally

Market sentiment buoyed by China homebuyer loan support talk and Vanke debt progress.

10 Dec 2025 - 5:09PM

Hong Kong stocks rally in the afternoon. Photo: Shutterstock

Hong Kong stock market

Hong Kong stocks retreat as Fed decision looms and investors await China signals

Hang Seng Index falls 1.2 per cent as traders weigh US Federal Reserve rate cuts and Beijing’s 2026 policy priorities.

8 Dec 2025 - 4:35PM

The Hang Seng Index swings between gains and losses on Monday. Photo: China News Service

China exports

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

11 Dec 2025 - 11:24AMvideocam

China trade

Explainer | As China’s companies become industry leaders, where in the world are they going?

Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors.

11 Dec 2025 - 11:21AMvideocam

Alibaba

Meituan swings into loss in ‘milk tea’ subsidy war with instant commerce rivals

Hefty subsidies on milk tea and lunchboxes drive Meituan from profit to loss, underscoring the ferocity of the war to reshape food delivery.

28 Nov 2025 - 9:36PM

Hefty subsidies on milk tea and lunchboxes are driving Meituan from profit to loss. Photo: Shutterstock

Hong Kong stock market

Hong Kong stocks end 4-day rising streak as investors seek fresh catalysts

Benchmark records second straight monthly decline as investors ‘pivot to muted risk appetite’ amid ‘a period of policy vacuum’, analyst says.

28 Nov 2025 - 4:28PM

A view of Central including Exchange Square (centre), the headquarters of Hong Kong’s bourse operator, on November 14, 2025. Photo: Dickson Lee

Hong Kong stock market

Hong Kong stocks post longest win streak in 2 weeks

US consumer confidence dropped and retail sales remained sluggish, increasing bets on a US interest-rate cut at the Fed’s December meeting.

26 Nov 2025 - 4:31PM

Hong Kong stock market

Hong Kong stocks rebound as investors await Alibaba earnings, US data

Panic spurred by sell-offs in bitcoin and tech stocks subsided on reports of Fed easing and possible sales of Nvidia AI chips to China.

24 Nov 2025 - 5:01PM

Hong Kong economy

Editorial | Keeta’s fair play pledge will in the end benefit Hong Kong consumers

Credit also goes to the Competition Commission for leaning on the company to help create a more level playing field for all participants.

24 Nov 2025 - 11:58AM

In response to the Competition Commission’s concerns, Keeta, the Hong Kong arm of Chinese food delivery service giant Meituan, has promised to amend its terms and conditions for partnering restaurants as the first step in making changes. Photo: handout

E-commerce

JD.com steps up on-demand local services battle with food app and review platform

The e-commerce giant is betting on food delivery and an anti-fake review platform to sharpen its challenge to leaders Meituan and Alibaba.

18 Nov 2025 - 5:00PM

Hong Kong stock market

Hong Kong stock decline deepens on AI valuation concerns, Fed rate outlook

The Hong Kong stock benchmark’s 1.7 per cent slump on Tuesday was its biggest since October 31.

18 Nov 2025 - 4:35PM

Artificial intelligence

China targets AI-powered price manipulation in new antitrust guidelines

Market regulator SAMR outlines risks of collusion, unfair subsidies and walled gardens in online platforms.

18 Nov 2025 - 2:37AM

The guidelines zero in on the sophisticated, often opaque ways in which online platforms with significant market power can exploit technological advantages to exclude rivals and harm consumer interests. Photo: Shutterstock

Hong Kong stock market

Hong Kong stocks fall as US data delay, Fed policy uncertainty hit sentiment

The US government will release nonfarm payrolls for September on Thursday, the first data since the 43-day shutdown.

17 Nov 2025 - 4:35PM

Hong Kong stock market

Hong Kong stocks slide on soft China economic data, fading US rate cut bets

China’s October data points to a further slowdown this quarter, while a cloudy US rate cut outlook and frothy valuations dent sentiment.

14 Nov 2025 - 4:28PM

Hong Kong economy

Cheaper meals on the menu after delivery firm Keeta vows fair play in Hong Kong

Restaurant operators say lower commissions and fewer restrictions by food delivery platform will help them lower prices and boost business.

14 Nov 2025 - 10:12PM

Hong Kong economy

Hong Kong’s Keeta to end unfair commission practices after watchdog probe

Competition Commission says food delivery platform will voluntarily amend provisions, with changes to later become legally binding.

12 Nov 2025 - 8:39PM

Keeta entered the Hong Kong market in 2023. Photo: Edmond So

E-commerce

Alibaba’s ‘instant commerce’ bet pays off: Taobao hits 100 million new orders

From milk tea to smartphones in under an hour, Taobao Shangou gains traction as retail giant uses subsidies and speed to fend off rivals.

6 Nov 2025 - 7:00PM

A consumer uses Taobao’s in-app Shangou service, the instant commerce business of Alibaba, to order food: Photo: Simon Song

Hong Kong stock market

Hong Kong stocks fall for a second day as AI bubble fears hit Wall Street

Losses mirror Wall Street after Palantir Technologies tumbled 8 per cent despite beating revenue estimates.

5 Nov 2025 - 5:15PM

Alibaba

Alibaba’s Amap rides the China car boom in challenge to Google Maps

Alibaba’s mapping arm is expanding overseas, positioning itself as a key partner for Chinese carmakers accelerating into foreign markets.

4 Nov 2025 - 9:55PM

Help preserve 120 years of quality journalism.

SUPPORT NOW

Meituan

Price wars in China

Intense price competition in China, known as “neijuan” or involution, is causing deflationary risks, corporate losses, reduced investments and wage pressure.

Hong Kong stocks hit 7-week high as investors diversify into Chinese tech names

China food delivery platform names Jay Chou as brand ambassador, backed by lookalikes

.css-1m2rp1p{color:#34b8b5;}Opinion | Protection of vulnerable workers must be part of China’s AI strategy

Unemployment and underemployment are a double whammy that the Chinese leadership cannot ignore.

Alibaba ramps up China instant commerce push with Cainiao and Tmall tie-up

Partnership designed to expand warehouse network and boost Taobao Shangou’s rapid service as rivals Meituan and JD.com scale up facilities.

China CCTV removes short film that ‘romanticises’ food delivery work after backlash

‘Fairy tale’ video which says often dangerous job with long hours brings workers ‘closer to their dreams’ is branded ‘disgusting’ by critics.

ByteDance dominates China’s tech hiring as AI talent demand surges

ByteDance tops rivals Meituan and Alibaba in recruitments this year, according to professional social networking platform Maimai.

Apple takes China’s smartphone battle house to house with 3-hour iPhone delivery

Apple is ramping up the fight for the Chinese market as rivals Huawei and Xiaomi pile on the pressure.

Power and data centres will put China ahead of US in the AI race, says investor

AI is now a race to build data centres and secure electricity, says investor Allen Zhu, who argues China’s energy push puts it ahead.

Hong Kong stocks end higher as China stimulus hopes spark property rally

Market sentiment buoyed by China homebuyer loan support talk and Vanke debt progress.

Hong Kong stocks retreat as Fed decision looms and investors await China signals

Hang Seng Index falls 1.2 per cent as traders weigh US Federal Reserve rate cuts and Beijing’s 2026 policy priorities.

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

.css-sioo19{color:#c79a00;}Explainer | As China’s companies become industry leaders, where in the world are they going?

Across numerous sectors, China’s firms are setting up shop worldwide – and gaining ground on their well-entrenched competitors.

Meituan swings into loss in ‘milk tea’ subsidy war with instant commerce rivals

Hefty subsidies on milk tea and lunchboxes drive Meituan from profit to loss, underscoring the ferocity of the war to reshape food delivery.

Hong Kong stocks end 4-day rising streak as investors seek fresh catalysts

Benchmark records second straight monthly decline as investors ‘pivot to muted risk appetite’ amid ‘a period of policy vacuum’, analyst says.

Hong Kong stocks post longest win streak in 2 weeks

US consumer confidence dropped and retail sales remained sluggish, increasing bets on a US interest-rate cut at the Fed’s December meeting.

Hong Kong stocks rebound as investors await Alibaba earnings, US data

Panic spurred by sell-offs in bitcoin and tech stocks subsided on reports of Fed easing and possible sales of Nvidia AI chips to China.

Editorial | Keeta’s fair play pledge will in the end benefit Hong Kong consumers

Credit also goes to the Competition Commission for leaning on the company to help create a more level playing field for all participants.

JD.com steps up on-demand local services battle with food app and review platform

The e-commerce giant is betting on food delivery and an anti-fake review platform to sharpen its challenge to leaders Meituan and Alibaba.

Hong Kong stock decline deepens on AI valuation concerns, Fed rate outlook

The Hong Kong stock benchmark’s 1.7 per cent slump on Tuesday was its biggest since October 31.

China targets AI-powered price manipulation in new antitrust guidelines

Market regulator SAMR outlines risks of collusion, unfair subsidies and walled gardens in online platforms.

Hong Kong stocks fall as US data delay, Fed policy uncertainty hit sentiment

The US government will release nonfarm payrolls for September on Thursday, the first data since the 43-day shutdown.

Hong Kong stocks slide on soft China economic data, fading US rate cut bets

China’s October data points to a further slowdown this quarter, while a cloudy US rate cut outlook and frothy valuations dent sentiment.

Cheaper meals on the menu after delivery firm Keeta vows fair play in Hong Kong

Restaurant operators say lower commissions and fewer restrictions by food delivery platform will help them lower prices and boost business.

Hong Kong’s Keeta to end unfair commission practices after watchdog probe

Competition Commission says food delivery platform will voluntarily amend provisions, with changes to later become legally binding.

Alibaba’s ‘instant commerce’ bet pays off: Taobao hits 100 million new orders

From milk tea to smartphones in under an hour, Taobao Shangou gains traction as retail giant uses subsidies and speed to fend off rivals.

Hong Kong stocks fall for a second day as AI bubble fears hit Wall Street

Losses mirror Wall Street after Palantir Technologies tumbled 8 per cent despite beating revenue estimates.

Alibaba’s Amap rides the China car boom in challenge to Google Maps

Alibaba’s mapping arm is expanding overseas, positioning itself as a key partner for Chinese carmakers accelerating into foreign markets.

Opinion | Protection of vulnerable workers must be part of China’s AI strategy

Explainer | As China’s companies become industry leaders, where in the world are they going?