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’s food delivery giant Meituan has aquired Dingdong for US$717 million. Photo: Handout

China’s private sector

Meituan snaps up Dingdong to deepen push into fresh grocery retail

The US$717 million Dingdong acquisition highlights Meituan’s long-term bet on grocery e-commerce and on-demand consumption in China.

5 Feb 2026 - 9:52PM

Hong Kong stock market

Hong Kong stocks eke out gain as mainland investors overpower tech jitters

5 Feb 2026 - 4:52PM

Hong Kong stock market

Hong Kong stocks gain as tax worries abate, solar sector rallies on Musk plans

4 Feb 2026 - 4:49PM

Artificial intelligence

Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’

State-backed funds, Big Tech drive fresh capital into robotics companies, betting on operating systems that underpin humanoid intelligence.

3 Feb 2026 - 8:00PM

A humanoid robot at the Beijng World of Robots. A new wave of firms is emerging with capital directed towards robotic software and operating systems. Photo: Xinhua

Sweden

Multinationals race into China’s US$143.9 billion instant retail market

Ikea, Continental and Aldi Nord enlist local partners to launch faster, more comprehensive delivery services than they offer abroad.

1 Feb 2026 - 11:00AM

Bonds

Hong Kong dollar and yuan bonds forecast to sustain record growth in 2026

Issuers and investors flock to Hong Kong dollar and yuan bonds, backed by deep liquidity and diverse yield curves.

19 Jan 2026 - 9:30AM

Hong Kong stock market

Hong Kong stocks advance as investors turn to China amid Middle East uncertainty

Hang Seng Index extends rally as regional markets find support amid rising tensions between the US and Iran.

14 Jan 2026 - 4:40PM

People walk past Exchange Square in Central, home of bourse operator Hong Kong Exchanges and Clearing. Photo: Nathan Tsui

IPO

Chinese chain Qdama, known for its night discounts, plans Hong Kong IPO

The leading seller of meat and fresh produce on the mainland plans to open 1,400 stores in the next five years using proceeds from the IPO.

13 Jan 2026 - 7:15PM

Hong Kong stock market

Hong Kong stocks rise on tech, health as mainland China turnover hits record

Alibaba Health soars over paediatric drug deal as trading volume on Shanghai and Shenzhen exchanges tops US$513 billion.

12 Jan 2026 - 5:08PM

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

Investors also boost wagers that Beijing will ramp up policy support to prop up economic growth in 2026.

6 Jan 2026 - 4:24PM

People walk through Exchange Square in Central, home to the city’s bourse operator, on December 30, 2025. Photo: Sun Yeung

Trending in China

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

Group of imitators including a wedding singer and pancake vendor strike internet gold by donning delivery driver uniforms; get 140 million likes.

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

Cainiao will launch new or expand instant commerce warehouses for Tmall Supermarket. Photo: Shutterstock

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

China’s state broadcaster CCTV has faced a backlash over a short film produced with delivery giant Meituan that depicted food delivery work as a path to freedom and dreams. Photo: CCTV

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

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

Chinese venture capitalist Allen Zhu Xiaohu of GSR Ventures Management. Photo: Handout

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 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

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

Vehicles are seen loaded on a cargo ship for export at Wuhu Port, Anhui province. Photo: Getty Images

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

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

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

A view of Exchange Square in Central, home to Hong Kong’s stock exchange, on January 9, 2025. Photo: Jelly Tse

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

A view of Exchange Square in Central on January 9, 2025. Photo: Jelly Tse

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

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

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Meituan

Meituan snaps up Dingdong to deepen push into fresh grocery retail

The US$717 million Dingdong acquisition highlights Meituan’s long-term bet on grocery e-commerce and on-demand consumption in China.

Hong Kong stocks eke out gain as mainland investors overpower tech jitters

Hong Kong stocks gain as tax worries abate, solar sector rallies on Musk plans

Funding surge powers Chinese robotics firms as focus shifts to humanoid ‘brains’

State-backed funds, Big Tech drive fresh capital into robotics companies, betting on operating systems that underpin humanoid intelligence.

Multinationals race into China’s US$143.9 billion instant retail market

Ikea, Continental and Aldi Nord enlist local partners to launch faster, more comprehensive delivery services than they offer abroad.

Hong Kong dollar and yuan bonds forecast to sustain record growth in 2026

Issuers and investors flock to Hong Kong dollar and yuan bonds, backed by deep liquidity and diverse yield curves.

Hong Kong stocks advance as investors turn to China amid Middle East uncertainty

Hang Seng Index extends rally as regional markets find support amid rising tensions between the US and Iran.

Chinese chain Qdama, known for its night discounts, plans Hong Kong IPO

The leading seller of meat and fresh produce on the mainland plans to open 1,400 stores in the next five years using proceeds from the IPO.

Hong Kong stocks rise on tech, health as mainland China turnover hits record

Alibaba Health soars over paediatric drug deal as trading volume on Shanghai and Shenzhen exchanges tops US$513 billion.

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

Investors also boost wagers that Beijing will ramp up policy support to prop up economic growth in 2026.

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

Group of imitators including a wedding singer and pancake vendor strike internet gold by donning delivery driver uniforms; get 140 million likes.

.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.

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?