Recent events
Recent events tied to this brand in public sources.
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2020
Meituan Dianping and Xijiu form strategic partnership
Meituan Dianping and Xijiu formed a strategic partnership, described in the headline as exploring O2O cooperation between a liquor brand and an internet platform.
2020
Meituan announces entry into community group buying
Meituan announced an organizational adjustment establishing its Youxuan business unit to enter community group buying. The report says Meituan Youxuan would focus on lower-tier markets and use a preorder-and-pickup model.
2020
Meituan announces entry into community group buying
Meituan announced that it would establish a Youxuan business unit to enter the community group-buying market. The company said the move would further explore community fresh-food retail formats and meet differentiated consumer demand.
2020
Pudu Technology completes Series B funding led solely by Meituan
Pudu Technology announced that it had completed Series B financing of more than 100 million yuan, with Meituan as the sole investor. Pudu's CEO said the funds would mainly support product research and development, sales expansion, new use cases and overseas business expansion.
2020
Court rules Meituan Xiaodai's lending business unlawful in enforcement cases
The Jiaozuo Intermediate People's Court ruled that Meituan Xiaodai had engaged in lending business unlawfully and rejected its enforcement applications. Meituan said it held an online micro-loan license, maintained that its lending was lawful, and had requested review by a higher court; the matter remained in legal proceedings.
2020
Meituan-affiliated companies take stakes in Hualala
Corporate registration changes for Hualala's operating entity added Meituan-affiliated Tianjin Sankuai Technology and Dianping-affiliated Shanghai Hantao Information Consulting as investors, with reported stakes of 4.60% and 2.64%, respectively.
2020
Meituan-Dianping and Tsingtao Brewery announce strategic partnership
Meituan-Dianping and Tsingtao Brewery announced a strategic partnership focused on brand marketing, transaction channels and data enablement, including expanding online and offline consumer scenarios and supporting Tsingtao Brewery's digital marketing and O2O capabilities.
2020
Meituan launches COVID-19 nucleic acid test booking service in 39 Chinese cities
Meituan made a COVID-19 nucleic acid test booking service available from April 28 in 39 Chinese cities through the Meituan and Dianping apps, in cooperation with 13 testing institutions and government-designated testing institutions.
2020
Meituan announced increased rebates for eligible Guangdong food-delivery merchants
Meituan announced that it would increase rebates to 3%–6% for eligible food-delivery merchants in Guangdong and extend the rebate period by at least two months, starting from the joint statement's publication.
2020
Meituan responds to delivery commission controversy
Meituan responded to attention over delivery commissions by disclosing commission figures and stating that its priority this year was to help three million restaurant merchants sustain and improve their businesses through the platform.
2020
Meituan responds to restaurant association’s commission and exclusivity complaints
Meituan responded after restaurant associations in Guangdong sent it a letter alleging that its pandemic-period exclusivity requirements and commissions burdened restaurants and could involve monopolistic pricing. Meituan said it had heard merchants’ and associations’ concerns, described its merchant support measures, and said helping 3 million restaurant merchants survive and improve their businesses was its top priority for 2020.
2020
Meituan responds to merchant commission and exclusivity allegations
After Guangdong restaurant industry associations alleged that Meituan engaged in monopoly pricing and pressed merchants to operate exclusively, Meituan responded that more than 80% of Meituan Waimai merchants paid commissions of 10%–20% in 2019 and described support measures for merchants during the pandemic.
2020
Meituan reports 2019 annual results
Meituan disclosed its 2019 annual results, reporting revenue of RMB 97.528 billion, up 49.5% year over year.
2020
Meituan forecasts a first-quarter loss amid pandemic pressure
In its results disclosure, Meituan forecast that it might incur a loss in the first quarter of 2020 because of pressure from the COVID-19 pandemic, and said operating performance in subsequent quarters would also be adversely affected.
2020
Meituan responds to claims about default enrollment in its payment service
After consumers said they had been enrolled in Meituan’s payment and lending services by default after entering a promotional code, Meituan said the enrollment page displayed the product features and agreement and denied that enrollment was automatic. It also said users could close the service through the app or customer service.
2020
China Telecom and Meituan enter strategic partnership
China Telecom and Meituan entered into a strategic cooperation covering projects in smart connectivity, new-retail O2O channels, enterprise services, internet infrastructure, the Internet of Things, artificial intelligence and capital operations.
2020
Swiggy raises $113 million
Swiggy raised $113 million at a valuation close to $3.3 billion in a funding round led by existing investor Naspers, with Hadley Harbour Master Investments and Meituan also participating.
2020
Meituan Mutual Aid adds special COVID-19 coverage
Meituan Mutual Aid announced free special coverage for its existing members in the event that a member who was not suspected or confirmed to be infected when joining is later diagnosed with COVID-19 and dies from the disease. Meituan bears the cost, and eligible beneficiaries receive RMB 100,000.
2020
Meituan Cashier upgrades mobile ordering
Meituan Cashier upgraded its mobile ordering feature to support contactless ordering and pickup.
2020
Meituan announces RMB 200 million medical-worker support fund
Meituan Public Welfare Foundation announced a RMB 200 million fund to support medical workers, initially focusing on Wuhan and other key epidemic-control areas and medical teams supporting Hubei.