Meituan Depositary Receipt (9MD2)

Overview

Meituan operates as a prominent tech retail company with a broad international presence, particularly in China. Its business activities are segmented into Core Local Commerce and New Initiatives. Initially known as Meituan Dianping, the company underwent a rebranding in October 2020 to become simply Meituan. Founded in 2003 and with its headquarters in Beijing, China, Meituan has expanded its services across various sectors, demonstrating significant growth and diversification within the tech and retail landscapes.

Products and Services

Meituan offers a wide range of products and services tailored to enhance consumer convenience and support merchant operations. These include:

• Food Delivery Services: Meituan enables consumers to order food from a variety of restaurants and eateries, providing fast and reliable delivery services directly to their doorsteps.
• Local Consumer Services: The platform facilitates the purchasing of local consumer services from numerous merchants in various in-store categories, enhancing the local commerce ecosystem.
• Hotel and Tickets Reservations: Consumers can use Meituan to make reservations for hotels, attractions, and transportation tickets, simplifying travel planning and bookings.
• B2B Food Distribution and Grocery: Beyond consumer-focused services, Meituan also engages in business-to-business food distribution and operates Meituan Grocery, catering to the needs of both individuals and organizations.
• Meituan Select and Instashopping: These services offer curated selections of goods and instant shopping options, promoting convenience and efficiency in consumer purchasing behaviors.
• Ride Sharing, Bike-sharing, and Electric Mopeds: Meituan provides a variety of transportation solutions to cater to different preferences and needs, including ride-sharing, bike-sharing, and renting electric mopeds.
• Power Banks and Micro-credit Services: To further cater to the convenience and financial needs of its users, Meituan offers power bank rentals and micro-credit services, enhancing user experiences through accessibility to essential services.
• Cloud Computing: Meituan has expanded into the tech infrastructure sector by offering cloud computing services, supporting businesses in their digital transformation journeys.
• Merchant Information Advisory Services: Supporting merchants on its platform, Meituan provides advisory services, leveraging data and insights to help businesses grow and optimize their operations.