Is there an English version of dianping?
Is there an English version of dianping?
The literal translation of Dianping is public opinion.
Is Meituan only in China?
In Q2 2021, GTV of Meituan food delivery business increased by 59.5% year over year….Meituan.
| Meituan logo with name in English | |
|---|---|
| Type of business | Public |
| Headquarters | Beijing, China |
| No. of locations | 1000+ |
| Area served | China |
What does Meituan do?
Meituan is China’s leader in O2O (offline-to-online) services, creating a one-stop super app for a range of services, from haircuts, manicures and massages, to movie tickets, food delivery and hotel bookings.
Who is the owner of Meituan?
Wang Xing
Wang Xing is founder and CEO of Meituan, a group created through a 2015 merger of Groupon-like group buying site Meituan and Yelp-like Dianping.com. Meituan Dianping went public on the Hong Kong Stock Exchange in 2018. Wang Xing received a master’s degree in computer engineering from University of Delaware in 2005.
What is yelp in China?
Use DaZhongDianPing(大众点评). This is an equivalent of Yelp in China, and you can search for restaurants, cafes, bars, as well as entertainments and hotels.
Is Meituan owned by Alibaba?
Alibaba Group Holding Ltd signed a deal estimated at $900 million to offload its investment in Meituan-Dianping, China’s biggest provider of online restaurant bookings, movie ticketing and a host of other on-demand services.
How does Meituan make money?
Income from commission and advertisements are the key revenue sources of Meituan. The major revenue source of Meituan is commission income received from merchants and suppliers such as restaurants, store owners, and other vendors. For each request, they earn a specific amount of commission as a middle man.
Is there a Chinese version of yelp?
What happened to Meituan?
Shares of the food delivery giant sank 15%, wiping out $26 billion in its market value, after the government asked platforms to cut charges for restaurants to reduce business costs.
Is meituan profitable?
Meituan’s new businesses lost 38.4 billion yuan last year, erasing a 20.3 billion yuan operating profit from its two older core businesses. Company’s loss narrowed in last year’s fourth quarter, ending six straight quarters of growing losses, as one analyst said it could become profitable again next year.
What is meituan business model?
Meituan currently operates its businesses through three business units: Customers to Shop, Hotel Tourism, and Home Delivery Service, and a subsidiary Maoyan Movie. Meituan Dianping is China’s largest platform for lifestyle services and products ordered through smartphones.
