MeituanDianping From Startup to Tech Giant Wee Kiat Lim Boon Siong Neo 2017
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In the year 2001, there was a startup called “Yellow Chair” that revolutionized the hospitality industry. They revolutionized it by providing food delivery services for all kinds of hotels, hotels, and restaurants. They did it with their cutting-edge technology, mobile application, and human management team, which was made of hotel workers. In fact, they became so popular that they are now known as Yellow Chair Dianping. It was this success that sparked the idea of a new online food ordering platform, and MeituanDianping
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In the early 2010s, there was a startup called “Meituan”. Meituan was founded by the Mei family, who had grown up in a small village. They started their own restaurant called “Mei Cafe” by renting a small office in Shenzhen. One day, they noticed that there was an overabundance of delivery services in the neighborhood. The first line of delivery companies were all small and underprivileged, like Dada, Dada Express, Dada One, etc. However, the service provider with
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MeituanDianping is a Chinese online food ordering service which started in 2010 and in the last five years it became the most popular and successful restaurant delivery service in China. Today, MeituanDianping has around 500 million registered users, and the number is increasing rapidly with every year. In 2016, the company had revenues of over 33 billion RMB, with an annual growth of more than 100%. The company was founded by Mei Yueting, a