Meituan
Local services platform (food delivery, quick commerce, in-store, travel) · China
Meituan runs China’s biggest app for local services: it delivers food and shop goods within minutes and sells restaurant, hotel and travel deals, earning delivery fees, commissions and ads from merchants, and now runs the Keeta delivery app abroad.
What makes it different
Its reviews decide where China eats.
1.5BUser reviews behind the Must-Eat ListQ2 2026
Dianping’s user reviews feed the Must-Eat lists, so merchants pay for ads and delivery on the same app that rates them.
How big it is
How big is Meituan?
21.9BDeliveriesFY2023
111,298EmployeesFY2025
RMB364.9BRevenueFY2025
How it makes money FY2025
Delivery fees, commissions and ads.
- Commission29%RMB105.5B
- Delivery services26%RMB96.1B
- Online marketing14%RMB51.9B
- Other services and sales31%RMB111.4B
How the business works
One app for everything nearby.
- 1Millions of local merchants
- 2Couriers within 30 minutes
- 3Commissions, fees and ads
The same users and courier network serve meals, groceries, medicine and hotel bookings, so each new category rides on the old ones.
Who owns it
- Mu Rongjun (co-founder, via trust-held Charmway Enterprises)10.97%
- Wang Xing (founder, via trust-held Crown Holdings and Shared Patience)8.4%
- BlackRock, Inc.6.25%
CEO: Wang Xing
Who it competes with
Key moments
- 2010Meituan.com launched
- 2013Food delivery and hotel booking launched
- 2015Merger with Dianping
- 2018Listed in Hong Kong
- 2024Keeta launches in Saudi Arabia
Sources
Every number on this page comes from Meituan's own reports.
Full profile
The rest of the story is in the app.
What Meituan tracks9 metrics
On-demand delivery transactions
Annual transacting users
Annual active merchants
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
The full timeline12 moments
2023
2025
2026
Meituan vs Alibabaside by side
Revenue
Profit
People
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