Meituan · 美团

We help people eat better, live better.

A technology company built around one ordinary thing: getting what a city has to the people who live in it. Food, groceries, medicine, a table, a room, a ride — from March 2010 to today.

Founded
March 2010
Listed
20 September 2018
Stock codes
3690 · 83690
Strategy
Retail + Technology

Who we are

A retail company that had to become a technology company to work.

Meituan is a technology company that connects hundreds of millions of people to the restaurants, shops, couriers and services of the cities they live in.

Since 2010 Meituan has worked on the digital upgrading of both services retail and goods retail — on the supply side and the demand side at once. The company does not run the restaurants or stock the shops; it builds the software, the logistics and the payments that let millions of small local businesses trade online.

The corporate strategy was upgraded to “Retail + Technology” in 2021. In practice that means two things happening together: retail formats that reach further into everyday life, and sustained R&D in the systems that make them work — dispatch algorithms, delivery drones, autonomous vehicles, and more recently AI tools built for merchants rather than for demos.

Read the full story, and the timeline

Illustration of the Meituan ecosystem: a delivery drone, scooter, autonomous car, shopping cart, storefront and food-ordering screen arranged in linked yellow rings

Greater responsibility, more patience

The scale is the argument.

Meituan publishes these figures. Its English site ships them in the page data and never puts them on screen — so here they are, each with the source and period Meituan attributes it to.

  • Three generations of a family sharing a hotpot dinner around a round table in a restaurant

    687million

    Users

    Finding a restaurant, ordering delivery, buying groceries, sending flowers, booking a trip, unlocking a bike. Meituan reached 687 million users over the preceding twelve months.

    Meituan quarterly results, Q3 2022

  • Two shopkeepers standing in the doorway of a small barbecue restaurant with a courier holding a tablet

    9.3million

    Merchants

    Over 9.3 million merchants traded on the Meituan platform in the preceding twelve months — overwhelmingly small, independent, local businesses.

    Meituan quarterly results, Q3 2022

  • Three Meituan delivery couriers in yellow jackets and helmets sitting on their scooters

    5.27million

    Couriers

    Around 5.27 million delivery couriers earned income through the platform in 2021, including 246,000 from counties designated as key to national rural revitalisation.

    Meituan Annual Report 2021

See all five, and the timeline

What we do

Two segments, reported separately.

Meituan changed how it presents revenue from the first quarter of 2026. These are the segments as the company itself now reports them.

01

Core Local Commerce

On-demand delivery, in-store dining, hotels and travel — the everyday transactions between a person and the businesses around them.

  • Meituan food delivery
  • Meituan Instashopping
  • Meituan InstaMart
  • Dianping
  • Hotel & travel booking
  • Black Pearl and Must-Eat curated lists

02

New Initiatives

Grocery retail, overseas delivery and the longer-horizon technology bets, run as a separate reporting segment.

  • Xiaoxiang Supermarket
  • Kuailv
  • Keeta (overseas delivery)
  • Delivery drones
  • Autonomous delivery vehicles

For investors

Where the business stood at 31 March 2026.

Meituan's official investor page publishes this quarter only as a 27-page PDF. The headline numbers belong on the page, where they can be read, linked and searched.

  • Revenue

    RMB 91.0bn

    Up 5.6% year over year from RMB 86.2bn

  • Core Local Commerce revenue

    RMB 64.1bn

    Up 0.1% year over year; segment operating loss of RMB 2.0bn

  • New Initiatives revenue

    RMB 27.0bn

    Up 21.3% year over year; operating loss narrowed to RMB 2.1bn

First quarter 2026 results, unaudited, announced 1 June 2026Full investor relations

About this site

This is an unsolicited student redesign of Meituan's English corporate site, built for a university studio. Same information — Meituan's own — organised so it can actually be read.

Compare it with Meituan's original site(opens in a new tab)