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

Meituan drivers gather during a break in a commercial district in Chongqing on November 21, 2025. Photo: Getty Images

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A display promotes China’s artificial intelligence industry at an expo in Beijing. Photo: Xinhua

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Workers assemble a new energy vehicle battery module in June last year at a factory in Changzhou, Jiangsu province, that was established by battery giant CATL and carmaker SAIC Motor. Photo: Xinhua

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The Hang Seng Index rose for the third consecutive day on Wednesday. Photo: Jelly Tse

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Meituan

How Meituan’s US$1b bets on AI, robotics outshine quarterly loss

Investment windfall provides cushion as core-business margins face intense pressure from battle with Alibaba Group Holding and JD.com.

Tencent shares jump 10% on expectations of AI agent within WeChat

Meituan reports third consecutive quarterly loss amid rivalry in food delivery

Student recalls eye-opening trip with American peers that drew praise from Xi

CUHK undergraduate Liu Runjie describes how Chinese and US students reached common understanding during youth exchange trip.

HKEX revamps Tech 100 Index as benchmark struggles to keep pace with AI rally

Seven firms including Hesai, Geekplus and Deepexi join the index as investors question whether local benchmarks reflect fast-rising AI sector.

Hang Seng Index review to boost market capitalisation by 4.5%: analysts

Tencent, BeOne Medicines, Baidu and NetEase may lure fund inflows between US$200 million and US$1 billion, due to index weighting changes.

.css-1f6sr3w{color:#727272;}AI | China’s tech giants look to rewrite the e-commerce playbook with AI agents

The nation’s over 900 million e-commerce users are taking part in an experiment where rigid search terms are replaced by natural dialogue.

Alibaba taps into China’s ‘chat to buy’ trend by connecting Qwen AI with Taobao

Move underscores strategy by China’s technology firms to revamp their flagship e-commerce platforms via an accelerating AI push

China pours US$6.1b into Brazil, making it Beijing’s top global investment

Chinese miners, carmakers and tech firms are fanned out across 20 states, putting a dent in Washington’s own push throughout the region.

Kimi developer Moonshot AI valued at US$20b as it navigates new IPO rules

Firm raised US$2 billion from investors including Meituan’s venture and China Mobile, taking total to US$3.9 billion in the last six months.

Chinese AI stocks are surging. So why is Hong Kong’s tech index still falling?

Hong Kong has seen a string of blockbuster listings by Chinese AI firms in recent months. Yet the Hang Seng Tech Index remains deep in a slump.

Hype or real: China’s robot boom faces reality check as commercialisation lags

Capital floods into China’s robotic sector but profitability remains elusive as challenges emerge with the industry’s business model.

China’s robots step into real-world roles, from cleaning to directing traffic

Robots appear in settings from dirty kitchens to dangerous steel mills as country pushes development of embodied AI.

Chinese firms face pressure on AI investments as US peers’ spending soars

Largest US companies on track for US$700 billion in AI capital expenditures this year, versus about US$105 billion in China.

Hong Kong launches consultation on Keeta’s proposal over competition concerns

Competition Commission consults on delivery platform’s commitment to curb exclusivity and support fairness in the market.

Hidden office, fractured bone: violent clashes in China’s food safety crackdown

Details of secrecy, obstruction and violence emerge from a probe into 67,000 ‘ghost’ bakeries across China’s biggest e-commerce platforms.

Chinese platforms fined 3.6b yuan over ‘ghost’ takeaways amid cutthroat rivalry

The fines follow a period of intense competition that drove down prices and stalled profit-making at China’s food delivery platforms.

Foreigners flock to China spas to enjoy unique baths amid wellness tourism rise

Peace, comfort, affordability and 24-hour, family-friendly operations see overseas customers give boost to country’s relaxation industry.

Taiwan should learn from mainland AI, KMT head Cheng Li-wun says

The Taiwanese opposition leader was delivered milk tea by a drone at the headquarters of internet giant Meituan.

China’s JD.com returns to dim sum bond market with 10b yuan offering

The e-commerce giant is issuing the yuan-denominated notes in two tranches of 7.5 billion yuan and 2.5 billion yuan.

Japan solo dining chain gains popularity in China; lengthy wait times lead to scalpers

Mainland diners seek out eating outlets which block the prying eyes of strangers; offer complete isolation to enjoy ‘private moments’.

Chinese market regulator tells firms to focus on healthy competition overseas

State Administration for Market Regulation tells companies it will address ‘involution-style’ competition as they step up efforts to expand.

Meituan posts second consecutive quarterly loss amid instant commerce battle

The Beijing-based company had a challenging 2025 after local e-commerce giant JD.com jumped into food and grocery deliveries.

Inside Unitree’s landmark IPO: what to know about China’s humanoid giant

Listing, if approved, would be a bellwether of investor appetite for so-called embodied AI companies.

Hong Kong’s chefs receive top honours in 2026 Black Pearl Restaurant Guide

The Michelin-equivalent list published by Meituan knighted two Hong Kong chefs, Vicky Cheng and Terry Ho, with special awards.

Hong Kong stocks extend win streak amid stabilising oil prices despite Iran war

Hang Seng Index rises for a third day, the longest run since January, as Wall Street rally and steadier oil prices boost mood.

Hong Kong stocks advance as tech sector lifts sentiment amid prolonged conflict

Hang Seng Index climbs, driven by tech firms, helping investors look past prolonged Middle East hostilities.

Chinese firms with success in global push poised to reap profit rewards

High commodity prices also a factor as mainland-listed firms set to continue outperforming Hong Kong peers battered by ‘involution’.

AI | China’s tech giants look to rewrite the e-commerce playbook with AI agents