How Meituan Became China's Other SuperApp

1 year ago
1

Like and subscribe. This is an archive channel, i'm not the owner of the content, check the link in the end. The Chinese government has spent a lot of effort reining in the power of large tech companies like Alibaba. And deservedly so. So it is natural that Meituan should receive scrutiny as well.

Meituan, which used to be called Meituan Dianping before a September 2020 name change, has risen to become China's third largest tech company. Starting off as a Groupon clone, Meituan has parlayed its success into a super-app on par with Tencent's WeChat.

Founder and CEO Wang Xing seeks to make Meituan the king of China's "online to offline" space. He is now taking the company on a new journey, challenging big incumbents in the massive community buying space, and burning plenty of cash in doing so.

In this video we are going to look at one of China’s newest and most ruthless tech giants.

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