What is Meituan?

China’s No. 1 Marketplace for Services and O2O (Online to Offline) Platform. Meituan was founded in March 2010 in Beijing as China’s first groupbuy website. Today, Meituan is China’s largest provider for local services with leading market position, tremendous annual turnover growth, and over 130 million annual active purchasers. (source)

Meituan User Count

How many people use Meituan?

• 2021: 667.5 million users
• 2020: 448.6 million users
• 2019: 450.5 million users
• 2018: 400.4 million users

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Meituan Revenue Totals

Meituan annual revenue:

• 2021: 179 billion RMB
• 2020: 114 billion RMB
• 2019: $13.73 billion
• 2018: $9.7 billion
• 2017: $5.21 billion
• 2016: $1.99 billion
• 2015: $617 million

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Additional Meituan Statistics

Number of Meituan Waimai users:

100 million downloads

Last updated 10/15/21

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Number of restaurants on Meituan Waimai:

50,000 restaurants

Last updated 10/15/21

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Number of merchants on Meituan:

• 2021: 8.3 million merchants
• 2020: 6.1 million
• 2019: 6.2 million
• 2018: 5.8 million
• 2017: 4.4 million

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Number of Meituan-Dianping delivery staff members:

531,000

Last updated 7/12/18

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Average number of transactions per Meituan user:

• 2018: 23.8
• 2017: 18.8

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Share of Meituan revenue that comes from food delivery:

62%

Last updated 1/1/18

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Meituan’s share of China’s food-delivery market:

46.1%

Last updated 6/25/18

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Meituan’s share of China’s hotel-booking market:

45.5%

Last updated 6/22/18

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Number of transactions made on Meituan in 2017:

5.8 billion

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Amount that was transacted on Meituan in 2018:

$76.7 billion

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Amount that was transacted on Meituan in 2017:

$57 billion

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Average number of orders placed on Meituan per day:

43.6 million orders

Last updated 11/26/21

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Meituan daily gross merchandise value:

RMB 555 million

Last updated 7/12/17

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Amount that Meituan generated in gross merchandise volume in 2014:

RMB46 billion (US $7.4 billion)

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Percentage of Meituan sales that come from mobile:

90%

Last updated 1/4/15

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Number of cities Meituan covers:

2,800 cities

Last updated 7/26/18

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Number of hotel bookings for Meituan in 2017:

2 billion

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Number of Meituan employees:

19,000

Last updated 3/24/18

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Reported value of Meituan:

$30 billion

Last updated 3/23/18

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Reported amount Meituan paid for Mobike:

$2.7 billion

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Recent Meituan News

Here are some recent Meituan news articles. We update company news daily, as it breaks, so be sure to check back often for the latest.

• Meituan lowers fees less than two weeks after state’s suggestion, 03/03/2022
• How Meituan is redefining food delivery in China with drones, 01/02/2022
• Meituan backs A.I. chip start-up as Chinese tech giants pour money into semiconductors, 01/17/2022
• Starbucks expands coffee delivery and services in China through tie-up with Meituan, 01/19/2022
• Meituan tests shopping review feature similar to Xiaohongshu, 02/10/2022

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Please note that some of these numbers are easier to find than others. A few of these Meituan statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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