Read The Ken as a couple. Also, do keep an eye out for our exclusive subscriber-only iOS and Android apps which will be rolled out for you shortly. Even Covid-time losses haven’t slowed Meituan Dianping down. Before they merged, Meituan has been popular in second and third-tier cities, while Shanghai-based Dianping was more prevalent in first-tier urban centres.

A Meituan delivery driver sits and waits for orders on March 19, 2020 in Suzhou. It has surpassed Chinese travel site Ctrip in terms of total hotel rooms booked via the app, thanks to a strategy that focuses on promoting discounted rooms to consumers in lower-tier cities. Gives you all you need to know in a non traditional language both concise and to the point. A few months prior, Meituan also took on Didi by launching a ride-hailing service in seven Chinese cities, where it has been offering digital coupons to attract drivers and passengers alike. Learn more about how we use cookies in our cookie policy. @NatesanSiv Been glued to The Ken for a while now. Co. Regn. More by Emma Lee. This has further elevated the company’s status as a “super app”, as it combines related services into a larger B2C marketplace. Just copy and share your unique referral link to invite anyone to sign up for The Nutgraf. Meanwhile, Alipay rival Wechat Pay, the popular payment service developed by Meituan investor Tencent, holds a prominent spot on the app. This site, like many others, uses small files called cookies to help us improve and customize your experience. A confirmation email has been sent to 'Email Address'. It's also largely unaffected by Covid. Access to older free stories from Southeast Asia edition, 200 word summaries for all paid, subscriber-only stories. If you’ve already signed up, just enter your email below or login using Facebook or Google. Follow us on Facebook. Read The Ken as a couple. The Tencent-owned super app, which now has over a billion users, remains China’s most top messaging app. Your order invoice has been resent to your billing email. Before these companies merged to create the current super app in 2015, Beijing-based Meituan enjoyed widespread popularity in second and third-tier cities, while Shanghai-based Dianping took … You seem to be already logged in from the following devices, Food delivery giant Meituan Dianping posts quarterly revenue decline amid Covid-19 disruptions. Please enter a valid email. The merger also brought two of China’s top investors together. "An article from The Ken has become an intrinsic part of my daily news diet.". As the competition intensifies, China’s tech behemoths are raising the walls surrounding their respective ecosystems by blocking services from rivals or offering more benefits to ensure user loyalty. “Surprise is the greatest gift which life can grant us.”. Are you sure? Meituan founder Wang Xing asked (in Chinese) in a social media post on Thursday, “Why doesn’t Taobao support Wechat Pay? The results showed Meituan’s By registering, you will be signed-up for a free account with The Ken. Continue adding your teammates to your subscription here? For free. Like what you read? All email newsletters will be delivered to the new email ID. You have complete access to our daily stories and our archives for the next one month. However, its IPO filing revealed a US$2.8 billion loss for 2017, steeper than in the previous two years. Meituan-Dianping breaks down into two major companies, Meituan.com and Dianping.com. Our anti-piracy system has flagged your account for suspicious activity and has temporarily paused your account. The food delivery giant supports a range of payment options including its proprietary Meituan Pay, as well as Wechat Pay, Apple Pay, and payment services provided by Chinese banks. Food delivery giant Meituan Dianping posts quarterly revenue decline amid Covid-19 disruptions The Beijing-based company started off as the Chinese version of Groupon, which banks on a group-buying business model.

The Tencent-owned super app, which now has over a billion users, remains China’s most top messaging app.

WeChat has evolved far beyond instant messaging and it has added functions such as mobile payment, online shopping, and ride-sharing as well, making it a contender in the super app arena. As a part of the Learning and Development program at Myntra-Jabong, you have complete access to 300+ original daily stories over the next year, 500+ previously published stories and our comment sections. Reach her at lixin@technode.com. We’ve emailed your gift link. Quite the opposite. That’s all, nothing else. China's Meituan To Take On WeChat - Now This Tencent-Backed "Super App" Is Worth US$30B, US$3.7 billion acquisition of China’s largest bike-sharing company Mobike. Invite your friends and colleagues to read The Nutgraf. Is Meituan going to be a factor? You will be changing your registered email address to access your account. It has its own digital payment service too, so people can settle bills generated on Meituan with its own e-wallet. Ltd. Verification Code has been sent to your Email address. (You may have entered a different email than the one you’re logged in with). In its quest to become a holistic app, Meituan-Dianping has moved into the bike-sharing sector with a US$3.7 billion acquisition of China’s largest bike-sharing company Mobike, whose main rival is the Alibaba-backed ofo.

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