Meituan-Dianping is a $30 billion Chinese company that wants to be the “Amazon for services”. In this deck, we show that providing a multitude of services as a “super app” allows Meituan to generate significant revenues from merchants and avoid using capital-intensive subsidies to lower prices for consumers — a sound business model that will be hard to beat. For more on Meituan, read our article Why Meituan-Dianping’s Expansion Makes Sense.
For more on Meituan-Dianping, listen to Zhang Tao, founder of Dianping, discuss its mega-merger with Meituan in 2015 on the 996 Podcast hosted by Hans and Zara, available on iTunes, Overcast, SoundCloud, and wherever else you listen to podcasts.
We also write a weekly email newsletter on tech in China. Subscribe at 996.ggvc.com.
Note: Hans is an early investor in Dianping, which merged with Meituan in 2015. Didi Chuxing, Airbnb, and Ctrip are GGV portfolio companies.