Who bought Meituan, and did Meituan go public?

Updated on technology 2024-05-24
11 answers
  1. Anonymous users2024-02-11

    1. Meituan has not been acquired by any company.

    2. Meituan has only accepted two rounds of venture capital from three companies, including Ali and Angel.

  2. Anonymous users2024-02-10

    Meituan is independently operated and has not been acquired.

    Meituan was founded by Wang Xing in Beijing on March 4, 2010. It is a private enterprise affiliated to Beijing Sankuai Science and Technology. Meituan has a slogan of "one group, one beauty".

    Discover the most trustworthy merchants for consumers, so that consumers can enjoy high-quality services with ultra-low discounts; Find the most suitable consumers for merchants and provide them with the most profitable Internet promotion. If consumers are interested in the products of cooperative merchants, they can log in to Meituan to pay for orders through Alipay or UnionPay cards, and then consumers will receive SMS password consumption coupons sent by Meituan, consumers can directly go to the merchant to consume with the SMS password, and merchants can settle with Meituan with consumer consumption coupons. In 2014, Meituan's annual transaction volume exceeded 46 billion yuan, an increase of more than 180% over the previous year, accounting for more than 60% of the market share.

    According to data from Meituan, the monthly transaction volume reached 6.3 billion yuan in December 2014, and the single-day transaction volume exceeded 300 million yuan, and in terms of market share, Meituan's market share exceeded 60%, an increase of 7 percentage points from 53% in 2013. On January 18, 2015, Wang Xing, CEO of Meituan, said that Meituan had completed a financing of US$700 million, and Meituan's valuation reached US$7 billion, and it would not consider going public in the past two years.

  3. Anonymous users2024-02-09

    Meituan and Juhuasuan were both acquired by Alibaba.

  4. Anonymous users2024-02-08

    First of all, Meituan has not been acquired by any company.

    Then, Meituan only received two rounds of venture capital from three companies.

    Finally, among the venture capital firms are Ali and Angel.

  5. Anonymous users2024-02-07

    It's listed. On September 20, 2018, Meituan Dianping was officially listed on the Hong Kong Stock Exchange.

    Listing. 1.At present, Meituan has been listed. On September 20, 2018, Meituan Dianping was officially listed on the Hong Kong Stock Exchange.

    3690。This is the second WVR technology company to be listed in Hong Kong after Xiaomi. Meituan Dianping opened at Hong Kong dollar shares, up from the issue price of HK$69.

    The current market value is 400.3 billion Hong Kong dollars (about 349.4 billion yuan), which has surpassed Xiaomi (372.4 billion Hong Kong dollars) and JD.com (305.1 billion Hong Kong dollars). Became the second Internet giant to be listed on the Hong Kong Stock Exchange.

    Extended Information: Meituan Overview:

    The mission of the Mecha Excavation Group is "Better Together". As a leading e-commerce platform for life services in China, the company owns Meituan and Dianping.

    Meituan Takeaway and other well-known apps cover more than 200 categories such as catering, takeaway, fresh food retail, taxi-hailing, bicycle sharing, hotel tourism, movies, leisure and entertainment, and its business covers 2,800 counties, districts and cities across the country. In November 2021, Meituan released its financial results for the third quarter of 2021. Meituan's revenue in the third quarter was 100 million yuan, a year-on-year increase.

    The market expects 100 million yuan.

    2.At present, Meituan's strategy focuses on food + platform, and is building the life service industry from the demand side to the supply side with "eating" as the core.

    A multi-level scientific and technological service platform. At the same time, Meituan is focusing on building itself into a social enterprise, hoping to build a smart city through in-depth cooperation with party and government departments, universities and research institutes, mainstream **, public welfare organizations, ecological partners, etc.

    Create a better life together.

    3.Meituan's mission is to "help everyone eat better and live better". As a leading e-commerce platform for life services in China, the company owns well-known apps such as Meituan, Dianping, and Meituan Takeaway, covering more than 200 categories such as catering, takeaway, fresh retail, taxi-hailing, bicycle sharing, hotel tourism, movies, leisure and entertainment, and its business covers 2,800 counties, districts and cities across the country.

    Operating environment Meituan Apple 12, Lost Lease Core iOS 14, Meituan version.

  6. Anonymous users2024-02-06

    Since its establishment, Meituan has made a number of strategic expansions through acquisitions and mergers and acquisitions. Here are some of the well-known companies that Meituan has acquired: Mobike:

    In April 2018, Meituan acquired Mobike, a leader in China's bike-sharing industry, for $2.8 billion, further expanding its mobility business. Dianping: In 2015, Meituan acquired Dianping, China's largest local life service platform, making it a more important player in the field of local life services.

    Meituan Takeaway: In 2015, Meituan launched its food delivery business and gradually expanded its market share, becoming a leader in China's food delivery industry. In 2018, Meituan was listed on the Hong Kong Stock Exchange, becoming one of the largest listed companies among Chinese internet companies at the time.

    In 2021, Meituan acquired mobile game company Leke Games for 5 billion yuan, further expanding its footprint in the gaming field. These are just a few of the well-known companies that Meituan has acquired, but there are also other smaller companies and start-ups that have also been acquired and integrated into Meituan's business system.

  7. Anonymous users2024-02-05

    It is not uncommon for Alibaba to be fined for suspected monopoly, and Alibaba was eventually fined 100 million yuan by the relevant authorities for abusing its dominant position in the domestic online retail platform service market. Tianjin Tianyao Pharmaceutical Co., Ltd. was also fined 44 million for anti-monopoly reasons. At the same time, the merger of Huya and Douyu, led by Tencent, was also banned. Now, Meituan has been fined 100 million yuan for suspected monopoly, and this sky-high fine undoubtedly demonstrates the country's determination to implement anti-monopoly policies.

    So what exactly did Meituan monopolize that caused it to be fined a sky-high price of 100 million yuan? We can know from the *** and ** reports of the relevant departments,Meituan used its dominant position in the food delivery platform to exert pressure on the food delivery merchants, which led to the signing of exclusive cooperation agreements with Meituan. That is to say, if a merchant wants to list its own products on the Meituan platform, then it cannot use the ** products on other takeaway platforms, and can only cooperate with Meituan.

    At the same time, Meituan also uses its own advantages to collect cooperation deposits from merchants and implement differential rates. At the same time, the relevant big data and algorithms are used to take different punitive measures, so as to obtain more profits and squeeze the market, and restricts the healthy development of the market, does not take advantage of fair competition and further stimulates the vitality of the market.

    Based on Meituan's various illegal operations, the relevant departments finally imposed an administrative penalty on it: "ordered Meituan to stop the illegal act of "choosing one of the two", and imposed a fine of 3% of its domestic sales revenue in 2020, totaling 100 million yuan. At the same time, it issued an "Administrative Guidance" to Meituan, requiring it to carry out comprehensive rectification around improving the platform's commission charging mechanism and algorithm rules, safeguarding the legitimate interests of small and medium-sized catering businesses on the platform, and strengthening the protection of the legitimate rights and interests of food delivery riders, and submit a self-inspection compliance report to the State Administration for Market Regulation for three consecutive years to ensure that the rectification is in place and achieve standardized, innovative, healthy and sustainable development."

    Meituan sincerely accepts this and resolutely implements it, and will take this as a warning to better obey and serve the overall situation of economic and social development, and strive to make more contributions to society. In this regard, I would like to say that such a punishment is indeed necessary to effectively maintain the order of fair competition between industries, and we also hope to see Meituan truly "turn over a new leaf", make more contributions to social and economic development, and better serve the people.

    Industry monopoly has always been a social scene that we do not want to see, because there are too many disadvantages of industry monopoly. Industry monopoly is the biggest enemy of the market economy, which will lead to the loss of a level playing field in the market, a lack of innovation, and a decline in people's quality of life. If Meituan is allowed to monopolize the market, it will inevitably become a "dominant" company in the food delivery industry, making merchants and riders less and less profitable, users have a worse and worse experience, and the entire industry will lack vitality and innovation, which is not conducive to the development of society.

  8. Anonymous users2024-02-04

    2. Meituan Preferred is also likely to involve industry monopoly.

    Since last year, the community has emerged, including Meituan Preferred, which always attracts customers to place orders with a lot of low prices, which are far below the market, destroying the market balance, squeezing the interests of middlemen, and causing many people to lose their jobs.

    Some netizens speculated that a community like Meituan Preferred**, when the market gradually stabilizes and matures, will also involve the phenomenon of monopoly, if there is a monopoly, many businessmen and people in the middle will lose their jobs, causing social unrest.

    3. Meituan is a capitalist company, and oppression and exploitation are normal phenomena.

    Meituan is a private enterprise, it has seriously exploited the surplus value of employees in recent years, and the delivery staff is one of the victims, in order to improve the customer experience effect, in order to improve the customer's delivery time after placing an order, it has continuously shortened the delivery time of the delivery staff, and some only need ten minutes to deliver. In the end, only the company will benefit, 4. Meituan's big data is ripe.

    Attentive netizens can find that the Meituan app often uses big data to kill ripeness, and people who often order takeout in the same takeaway restaurant are several yuan more expensive than those who don't often order takeout, and the delivery fee has also risen from two yuan to 5 yuan, which is a typical big data killing.

    There are also those who also buy tickets** are a few yuan or more than ten yuan higher than other ticket-buying platforms**, Meituan's operation has caused dissatisfaction among the majority of netizens, and many netizens said that they will not order takeout or buy tickets in Meituan in the future.

    Meituan has been listed for several years now, and now people basically use Meituan to order takeout, so this also emboldens Meituan to exploit the surplus value of employees and want to monopolize some industries, but under China's socialist system, industry monopolies are not allowed.

    I hope that this time the Market Supervision Bureau can also sound the alarm bell for Meituan, they are not in a capitalist country, but in a socialist country to serve customers and the market well, which is the foundation for a better development of a company.

  9. Anonymous users2024-02-03

    Meituan monopolized the food delivery market, forcing merchants to choose one or the other, and could only choose Meituan, thus triggering monopolistic behavior.

  10. Anonymous users2024-02-02

    forms of monopoly.

    1.**Monopolize. Through violence and other dominance, fight against the exclusion of peers, occupy a larger market, and then sell products. Recently, Alibaba has relied on its dominant position in the industry to monopolize its market share.

    2.Low-price monopoly. Consumers just want to spend less.

    This kind of monopoly squeezes out competitors with the best advantage and obtains larger orders. However, when the degree of product homogeneity is high, consumers do not choose you, and low-price competition will cause vicious competition, which often leads to conflicts between businesses. For example, two pork stalls next to each other may quarrel.

    The low-price monopoly strategy often starts as a business at the beginning to obtain orders, but in the long run, there may be a possibility of squeezing employees and cutting corners. You get what you pay for. And with the low-price strategy, it is a monopoly with a lot of orders, but the number of workers cannot keep up, resulting in problems with the quality of the project.

    The death of Pinduoduo employees from overwork is a strong proof of this.

    3.Regional protectionist monopolies, including brand monopolies or sales channel monopolies. For example, a region has the most local milk on the shelves, and a distributor of a certain brand of liquor has a large share of the market in a certain area, excluding other distributors, suppressing normal sales channels.

    Is there a monopolistic behavior in the low price of liquor? Liquor has many flavors, a large consumer demand market, and is a fast-moving consumer product, and consumers' choices are multi-level. Liquor generally does not have a monopoly due to **, but there will be a monopoly of regional protectionism.

    4.State monopoly.

    5.Monopoly of favors.

    6. Monopoly of location in the lot.

    7.Cognitive monopoly. There are too many garbage audiences, high and low, and they grasp the common weaknesses of human nature to market and achieve a monopoly.

    8.Cultural monopoly. Promote some kind of stream of consciousness as a way to monopolize the market.

    9. Comprehensive monopoly. The quality of Niulanshan wine is generally high, but the sales volume is high, that is, it has the characteristics of channel monopoly, low-price monopoly, human nature monopoly, human favor monopoly and so on. The salesmen in Niulanshan must be those secular, more marketable salesmen, so that they can integrate into the real store to achieve distribution.

    Therefore, the above monopolies are all harmful to social fairness, monopoly causes funds to be concentrated in the hands of a few people in the industry, and the economy of a region depends on the consumption power of the public, so there are various monopolies in the region will feel that business is not good to do, and there is no money to be made. In this way, consumers are more likely to seek low-priced products, which in turn contributes to the monopoly of the industry. Therefore, for enterprises that expand their operations with a low-price strategy, it is necessary to strengthen supervision and standardize the tax collection on them.

  11. Anonymous users2024-02-01

    The boss of Meituan, the founder of Meituan, is Wang Xing.

    Wang Xing, is the CEO of Meituan, the founder of Meituan, he is a Hakka in Longyan, Fujian, born on February 18, 1979, Wang Xing was sent to Tsinghua University in 1997 from Longyan No. 1 Middle School to the Department of Electronic Engineering, majoring in radio, and graduated from Tsinghua University in 2001. Founder of Renren.com, President of Fanfu.com, Founder and CEO of Meituan.com.

    Wang Xing gave up his studies in the United States in 2003 and returned to China to establish the intranet, which was acquired by Thousand Oaks Group in 2006. In 2007, he founded Fanno.com, and in 2010, he founded ****Meituan.com. In 2014, Wang Xing was shortlisted for the 2014 Chinese Economic Leader.

    On February 26, 2020, with a wealth of 53 billion yuan, he was listed as the 2020 Hurun Global Richest Person in Shimao Shenzhen-Hong Kong International Center.

    The reason for the success of Wang Xing's entrepreneurship

    Wang Xing: He is the best product owner in China. With a keen judgment of products, especially for foreign products introduced into China, we have made innovative operations to make products suitable for Chinese netizens. And his judgment of products is also very leading in China.

    Wang Xing and his team closely follow the Internet trend in the United States, which is what Wang Xing's team is good at. If you're good at it, there's no reason not to be the best.

    Wang Xing's own team has strong execution, which is also an important part of success, and a good idea also needs a strong operation team partner to implement and implement. Wang Xing's team is also very good. No matter how the project is changed, the core backbone is not separated, such as Wang Huiwen, who started a business with Wang Xing.

    The polishing and mature team is naturally much stronger than the temporary matching, and the probability of success will be much higher.

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