Meituan is testing a service called "Local Eating". This service is embedded in the Meituan App's food delivery service and is similar to a takeout version of "Xiaohongshu."
According to insiders, Meituan's rental service is part of Meituan's homestay business, mainly catering to various medium and short-term rental needs such as tourism, business travel projects, and health travel.
On August 16, Meituan Drones launched its first regular drone delivery route at the Badaling Great Wall in Beijing. This service caters to tourists near the landing site, offering essential items and emergency aid.
Sources familiar with the matter have disclosed that Meituan is actively working on the launch of its KeeTa application in the Middle East, with Riyadh identified as the first destination.
Meituan has set up a new platform product department, and a new design department under the platform product department. This department will gather resources from various design departments such as in-store and home delivery within the company.
On January 17th, Meituan's Hong Kong stock price fell by 6.97%, closing at HKD 68.75, reaching a new low in the past four years. This price dropped below Meituan's IPO price.
On December 14th, NetEase's market value on the Hong Kong Stock Exchange reached HKD 53.06 billion, surpassing Meituan to become the fourth largest internet company in China by market capitalization.
On Monday, Huawei announced a comprehensive collaboration with Meituan using HarmonyOS. Huawei will fully back Meituan in launching the development of native applications for HarmonyOS.
Wang Huiwen, the co-founder of Meituan, China's leading e-commerce platform for services, has stepped down from the company's board of directors due to health reasons.
