TOPIC

/ company

Meituan

Meituan is the largest on-demand delivery-service provider in China by revenue. Its Meituan app is most commonly known for food delivery, but also provides shopping, film tickets, hotel and travel bookings, restaurant reviews, group discounts and bicycle rentals. As of 2022, the company had 6.24 million delivery riders and over 9.3 million merchants.

Chairman / President

Wang Xing

CEO / Managing Director

Wang Xing

CFO / Finance Director

Chen Shaohui

Industry

E-commerce

Website

meituan.com

Headquarters address

No. 4 Wangjing East Road, Chaoyang District, Beijing, China

Stock Code

SEHK:3690

Year founded

2010

Regulators have imposed the heaviest fine of 1.51 billion yuan on PDD and suspended it from adding new bakery merchants for nine months. Photo: Reuters

E-commerce

Hidden office, fractured bone: violent clashes in China’s food safety crackdown

Details of secrecy, obstruction and violence emerge from a probe into 67,000 ‘ghost’ bakeries across China’s biggest e-commerce platforms.

21 Apr 2026 - 8:00PM

E-commerce

Chinese platforms fined 3.6b yuan over ‘ghost’ takeaways amid cutthroat rivalry

18 Apr 2026 - 10:40AM

Trending in China

Foreigners flock to China spas to enjoy unique baths amid wellness tourism rise

10 Apr 2026 - 6:00PM

Taiwan

Taiwan should learn from mainland AI, KMT head Cheng Li-wun says

The Taiwanese opposition leader was delivered milk tea by a drone at the headquarters of internet giant Meituan.

9 Apr 2026 - 8:19PM

KMT Chairwoman Cheng Li-wun sips a milk tea that was delivered by a Meituan drone in Shanghai on Wednesday. Photo: Xinhua

Bonds

China’s JD.com returns to dim sum bond market with 10b yuan offering

The e-commerce giant is issuing the yuan-denominated notes in two tranches of 7.5 billion yuan and 2.5 billion yuan.

2 Apr 2026 - 4:26PM

Trending in China

Japan solo dining chain gains popularity in China; lengthy wait times lead to scalpers

Mainland diners seek out eating outlets which block the prying eyes of strangers; offer complete isolation to enjoy ‘private moments’.

1 Apr 2026 - 2:22PM

China manufacturing

Chinese market regulator tells firms to focus on healthy competition overseas

State Administration for Market Regulation tells companies it will address ‘involution-style’ competition as they step up efforts to expand.

27 Mar 2026 - 9:00PM

Workers assemble a new energy vehicle battery module in June last year at a factory in Changzhou, Jiangsu province, that was established by battery giant CATL and carmaker SAIC Motor. Photo: Xinhua

Mainland China

Meituan posts second consecutive quarterly loss amid instant commerce battle

The Beijing-based company had a challenging 2025 after local e-commerce giant JD.com jumped into food and grocery deliveries.

26 Mar 2026 - 8:21PM

Robotics

Inside Unitree’s landmark IPO: what to know about China’s humanoid giant

Listing, if approved, would be a bellwether of investor appetite for so-called embodied AI companies.

23 Mar 2026 - 9:45PMvideocam

Food and Drinks

Hong Kong’s chefs receive top honours in 2026 Black Pearl Restaurant Guide

The Michelin-equivalent list published by Meituan knighted two Hong Kong chefs, Vicky Cheng and Terry Ho, with special awards.

24 Mar 2026 - 10:52AM

China’s 2026 Black Pearl Restaurant Guide spotlights individuals for special accolades, and this year presented Hong Kong chef Vicky Cheng (pictured) with the master chef award. Photo: Kelly Gardner

Hong Kong stock market

Hong Kong stocks extend win streak amid stabilising oil prices despite Iran war

Hang Seng Index rises for a third day, the longest run since January, as Wall Street rally and steadier oil prices boost mood.

18 Mar 2026 - 4:30PM

The Hang Seng Index rose for the third consecutive day on Wednesday. Photo: Jelly Tse

Hong Kong stock market

Hong Kong stocks advance as tech sector lifts sentiment amid prolonged conflict

Hang Seng Index climbs, driven by tech firms, helping investors look past prolonged Middle East hostilities.

16 Mar 2026 - 4:36PM

China stock market

Chinese firms with success in global push poised to reap profit rewards

High commodity prices also a factor as mainland-listed firms set to continue outperforming Hong Kong peers battered by ‘involution’.

12 Mar 2026 - 7:30AM

Hong Kong stock market

Middle East crisis fuels wild Hong Kong stocks swings from mainland investors

Rapid shifts in cross-border flows show even Hong Kong’s most reliable buyers can amplify market turbulence during geopolitical shocks.

11 Mar 2026 - 8:44AM

The escalating hostilities in the Middle East have prompted onshore Chinese investors trading Hong Kong’s stocks through cross-border Stock Connect programmes to behave more like short-term day traders. Photo: EPA

Artificial intelligence

Chinese tech giants offer cheap, easy access to OpenClaw amid ‘lobster fever’

Shares of Hong Kong-listed MiniMax and Zhipu AI surge after launching OpenClaw tools.

10 Mar 2026 - 5:00PM

OpenClaw was launched last year and acquired by OpenAI in February, sparking global hype. Photo: NurPhoto via Getty Images

E-commerce

JD.com posts quarterly loss amid costly instant delivery battle

Profit for 2025 cut in half amid expensive fight with Alibaba and Meituan, as well as dampened consumer spending.

5 Mar 2026 - 10:34PM

Middle East

Iran war disrupts Chinese tech firms’ Middle East operations

Baidu, WeRide and Meituan among companies halting operations or instituting remote work, as some Chinese nationals seek to escape region.

2 Mar 2026 - 10:32PMvideocam

E-commerce

JD.com renews on-demand delivery fight with US$2.9 billion in grocery subsidies

JD.com says the subsidies will make the ‘Billion-Yuan Supermarket’ its largest subsidised product category, surpassing electronics.

26 Feb 2026 - 8:30PM

Artificial intelligence

AI apps soar in China as Lunar New Year giveaway battle boosts user growth

Tech firms score win as AI assistants become part of holiday consumption – from buying food and booking travel to planning entertainment.

24 Feb 2026 - 5:30PM

Hong Kong stock market

Why is the Hang Seng Tech Index underperforming while AI shares soar?

The gauge has fallen 5.5 per cent this year, while newly listed AI firms Zhipu AI, MiniMax and Beijing Haizhi are up at least fivefold.

23 Feb 2026 - 10:46AM

Hong Kong stock market

Hong Kong stocks fall as market reopens after 3-day Lunar New Year holiday

Tech heavyweights Alibaba, Baidu and Kuaishou drop as trading commences in the Year of the Horse.

20 Feb 2026 - 4:49PM

Hong Kong stock exchange in Central. Photo: Jonathan Wong

Hong Kong stock market

Hong Kong stocks rise to wrap up best lunar-year performance in eight years

As market closes for Lunar New Year, benchmark hits 32 per cent gain since the Year of the Snake began in January 2025.

16 Feb 2026 - 1:07PM

A sign in Central shows Hong Kong stock information on February 6, 2026. Photo: Jonathan Wong

Artificial intelligence

Beijing warns tech giants to curb ‘involution’ amid AI giveaway war

Companies should ‘uphold a fair and competitive’ environment to ‘foster innovation and healthy development’, regulator says.

15 Feb 2026 - 2:30PM

Mainland China

Meituan warns of US$3.5 billion loss amid intense food delivery price war

Food delivery giant expects losses to continue into at least the first quarter of 2026 ‘due to ongoing competition’.

13 Feb 2026 - 10:15PM

Bonds

Yuan rally puts fresh steam into Hong Kong’s dim sum bond revival

Issuance could approach US$140 billion as a firmer renminbi, low funding costs and policy support boost demand for offshore notes.

12 Feb 2026 - 7:03PM

The People’s Bank of China on Wednesday set the yuan’s midpoint rate – the daily fixing – at 6.9438 per US dollar, its strongest level in nearly three years. Photo: Reuters

Hong Kong stock market

Hong Kong stocks slip as regulator summons tech firms over train tickets

Approaching Lunar New Year holiday also dampens investors’ enthusiasm for technology stocks, analyst says.

12 Feb 2026 - 4:46PM

Travelers wait with their luggage outside a train station in Beijing on February 10, 2026. Photo: EPA

Hong Kong

AI chip supplier Axera trades flat in Hong Kong debut as investor frenzy cools

Axera attracted HK$22.34 billion from retail investors during the bookbuilding period, marking an oversubscription of 74.4 times.

10 Feb 2026 - 5:58PM

E-commerce

China calls on delivery, ride-hailing firms to respect gig-worker rights

Meituan, Alibaba, Didi Chuxing among 16 firms summoned for guidance session on rights of country’s more than 200 million gig workers.

10 Feb 2026 - 4:24PM

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