Meituan Dianping Re-enters Power Bank Sharing Business With Recruitment Plans

Meituan power bank (Source: Meituan)

Meituan-Dianping (Meituan), Chinese food delivery and services platform, has rolled out power bank sharing stations across the country while expanding recruitment plans as the sector shows strong growth prospects in 2020.

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According to the Chinese investment news portal PEdaily, Meituan has started recruiting costumer service employees for its shared power bank division.

Meituan also offers an unprecedented deal to merchants by ranking them higher on Meituan’s front page for consumer reviews if they sign the exclusive power bank contract with the company. For merchants who work with Meituan on all directions from delivery services to in-store facilities, Meituan’s shared power banks is their only choice, PEdaily said.

Meituan has restarted the operation which it abandoned in 2017 just three months after it set up pilot services in Shijiazhuang, the capital of northern China’s Hebei Province.

The power bank sharing business in China is currently dominated by Shenzhen Jiedian Technology, with a market share of 28.6%, followed by Xiaodian from retail giant Suning with 27%, according to a 2019 report from Trustdata. Shanghai-based startup Energy Monster and Shenzhen Laidian Technology have market shares of 25.1% and 15.6%, respectively. The four leaders of the shared power bank sphere took more than 90% of the industry’a market share in 2019.