Meituan-Dianping

美团

Dianping develops a group buying website for locally found consumer products and retail services.

Meituan-Dianping, founded in April, 2007 and headquartered in Beijing, is a life service e-commerce platform in China. The founder is Wang Xing. Listed on the HKEX on September 20, 2018, the company's major shareholders include Wang Xing and Mu Rongjun. Rivals that have direct and indirect competition with Meituan-Dianping include Alibaba, Tencent, Beyond Meat and Yelp.

Dianping develops a group buying website for locally found consumer products and retail services.

Sector

Consumer Staples

Industry

Retailing

Sub-industry

E-commerce and Services

Founded date

Apr 10, 2007

HQ location

Beijing, China

Legal name

Meituandianping Inc.

Website

http://www.meituan.com

fawu@meituan.com

Number of Employees

52396

Briefing

Briefing · 1

Briefing

Oct 16, 2020 05:57 pm ·

Alibaba's 'Spring Thunder Plan' Helps Sell 800,000 Agricultural Products

Briefing

Briefing · 1

Briefing

Oct 16, 2020 05:49 pm ·

JD.com: The Number of PLUS Members Exceeds 20 Million

Briefing

Briefing · 1

Briefing

Oct 16, 2020 05:45 pm ·

Alibaba: 832 Counties Have Exceeded CNY 310 Billion in Sales in the Past 5 Years

News EO

News · 2

News EO

Oct 15, 2020 06:15 pm ·

Meituan's AI-Powered MAI Shop Unveiled in Beijing

On October 13, Meituan unveiled its first AI smart store, MAI Shop, and launched an autonomous delivery vehicle at the same time. After users place an order on the WeChat applet, the MAI Shop system will process the order and complete the order through automatic picking, packaging and AGV distribution. Users can wait for the delivery at the designated site or pick it up at the MAI Shop. During the National Day holiday, the average delivery time for the first trial operation was 17 minutes, and 95% of orders were completed by autonomous delivery vehicles without security officers. This technique may solve three significant problems. One is to break the bottleneck of production efficiency. For manual sorting, each person can sort about 60 to 120 orders per day and sort 300 to 600 items, which has reached the limit, but it is far from meeting business needs. Second, improving delivery speed and quality, which refers to the time from the start of automatic order acceptance to the completion of sorting and the degree of product matching. The data shows that 30% of poorly reviewed orders are caused by manual sorting's uneven quality, such as wrong item choices and failure to retrieve a product. Third, reduction of sorting costs. The industry average is generally around CNY 1.5 to 4. MAI Shops may solve this problem by completing the order through the AI scheduling platform's automated hardware. This mobile smart store, consisting of AI-powered stores, autonomous delivery vehicles and delivery sites, is likely to re-arrange people, goods and places through technological means to give new retail solutions.

Consumer Staples

EO Intelligence | Meituan-Dianping Research Report 2020

Aug 27, 2020 08:00 pm

Healthcare, Financials

Tech for Global, Globalization Footprints of the Established and the New

May 29, 2020 08:30 pm

Healthcare, Financials

Low-Carbon Industry Expansion - Key Studies From Chinese Companies

May 28, 2020 12:40 pm

Consumer Staples

China’s Livestreaming Market: Depicting the New Normal

May 17, 2020 03:14 pm

Healthcare, Financials

Global Scientific Entrepreneurs 2020

Apr 19, 2020 03:12 pm

Briefing

Briefing · 1

Briefing

Oct 15, 2020 11:36 am ·

Suning: Net Profit for the First Three Quarters to be CNY 503-753 Million

Briefing

Briefing · 1

Briefing

Oct 15, 2020 11:29 am ·

Tmall: Hour-Delivery Service Has Covered 483 Cities Nationwide

Briefing

Briefing · 1

Briefing

Oct 15, 2020 11:15 am ·

Pinduoduo: Agricultural Products' GMV to Exceed CNY 250 Billion in 2020

Briefing

Briefing · 1

Briefing

Oct 15, 2020 11:05 am ·

Alibaba International Station: GMV in September Increases by 133% YoY

Analysts

Lizzy Fang

Consumer Staple, consumer discretionary

Qasim Khan

Education, Auto

Butao Wang

Retail, finance

Briefing

Briefing · 1

Briefing

Oct 15, 2020 10:52 am ·

Du Haitao, Manager of Tmall's Marketing Division to Leave

Briefing

Briefing · 1

Briefing

Oct 15, 2020 10:29 am ·

Ele.me: Ten Billion Subsidies Extend to 124 Cities to Fight Against Meituan

Briefing

Briefing · 1

Briefing

Oct 15, 2020 10:17 am ·

MINISO Sets IPO's Price at USD 20/share, Higher Than the Guidance Range

Briefing

Briefing · 1

Briefing

Oct 15, 2020 09:54 am ·

Fresh Food Platform Yiguo is Exposed to Bankruptcy and Reorganization

EO analysis

Pinduoduo's Home Appliances Brand GMV Pulls Ahead in 3Q 2020

Briefing

Briefing · 1

Briefing

Oct 15, 2020 09:47 am ·

Meituan: Community Group Buying Unit as a First-Level Strategic Project

Briefing

Briefing · 1

Briefing

Oct 12, 2020 05:51 pm ·

Yili to Invest CNY 30 Billion to Support the Upstream Industry in the Next 5 Years

Briefing

Briefing · 1

Briefing

Oct 10, 2020 05:06 pm ·

MINISO: The Issue Price Per Share is Between USD 16.50 and USD 18.50

Briefing

Briefing · 1

Briefing

Oct 9, 2020 05:12 pm ·

Bianlifeng: Customers Served Reach Millions During the National Day Holiday

Briefing

Briefing · 1

Briefing

Oct 9, 2020 04:57 pm ·

CLSA Sets Target Price of CNY 39.2 for Nongfu Spring

Briefing

Briefing · 1

Briefing

Oct 9, 2020 04:43 pm ·

Huoguowuyu Receives CNY 10 Million Angel Round Financing

Briefing

Briefing · 1

Briefing

Oct 9, 2020 04:31 pm ·

Nayuki: Over 3.4 Million Cups of Milk Tea Sold During National Day Holiday

Briefing

Briefing · 1

Briefing

Oct 1, 2020 04:18 pm ·

Jack Ma Steps Down as Director of Alibaba Group

Analysts

Lizzy Fang

Consumer Staple, consumer discretionary

Qasim Khan

Education, Auto

Butao Wang

Retail, finance

EO analysis

Pinduoduo's Home Appliances Brand GMV Pulls Ahead in 3Q 2020