Meituan-Dianping

Meituan-Dianping is a Chinese technology company that provides a range of services including food delivery, consumer products and retail services, travel and entertainment bookings, and other online services. The company was formed in 2015 through a merger of Meituan and Dianping, two of China's largest group buying and local reviews sites.

History

Meituan was founded in 2010 by Wang Xing, a Chinese entrepreneur known for creating several successful internet companies. Dianping, founded in 2003 by Zhang Tao, was one of the first websites in China to provide user reviews of local businesses.

In 2015, Meituan and Dianping merged to form Meituan-Dianping, creating one of the largest online and on-demand delivery platforms in the world. The merger was seen as a significant event in China's internet industry, as it brought together two of the country's biggest internet companies.

Services

Meituan-Dianping offers a wide range of services through its platform. These include food delivery, in-store dining, hotel and travel booking, movie ticketing, and other lifestyle services. The company's food delivery service, Meituan Waimai, is one of the largest in China.

Business Model

Meituan-Dianping's business model is based on connecting consumers with local businesses. The company earns revenue through commissions on transactions made through its platform, as well as through advertising fees from businesses listed on its site.

Impact

Meituan-Dianping has had a significant impact on China's internet economy. The company's platform has become a major channel for local businesses to reach consumers, and its services have become a part of daily life for many people in China.

See Also

• Tencent
• Alibaba Group
• E-commerce in China