China’s Meituan Dianping is one of the world’s largest and most popular food delivery platforms. The company was founded in 2010 and has since grown to become a major player in China’s online food delivery market. Meituan Dianping is now looking to expansion into other markets, including the United States. china meituanliubloomberg
Meituan Dianping was founded in 2010 by group buying pioneer Wang Xing.
China’s Meituan Dianping is revamping its food delivery business, in a move that may help the company take on bigger rivals like Ele.me. The changes come as Meituan prepares to spin off its food delivery business in an initial public offering that could value the unit at up to $30 billion. Meituan said it will invest $3 billion over the next three years to build out its logistics network and expand into new markets.
China’s Meituan-Liu team up to take on Alibaba in food delivery china meituanliubloomberg
Meituan, China’s largest on-demand online service platform, is teaming up with Liu Heung Shing, a well-known Chinese photographer, to start a food delivery joint venture. The move comes as Alibaba, the country’s largest e-commerce company, prepares to launch its own food delivery service.