In 2024, Meituan generated about ****** billion yuan in revenue, a significant increase from just * billion in 2015. As of 2024, Meituan ranked **th globally among internet companies in market capitalization.China’s local service leaderFounded in 2010, Meituan is China's leading q-commerce and online food delivery service provider. The company generates the most revenue from its core local commerce businesses, such as food delivery and e-commerce. The company’s revenue and user numbers have seen prominent growth in recent years, especially after the outbreak of the coronavirus pandemic. As of the end of 2022, Meituan had more than * million merchants and *** million users.From local to globalMeituan's success was largely due to its change in strategy, which focused on cultivating the local market. The company expanded rapidly in various online-to-offline on-demand services, including online food delivery, car hauling, event ticket booking, and quick commerce. In 2022, the company recorded more than ** billion on-demand transactions, roughly equal to more than ** transactions per user. As a result of a saturated domestic market and a slowdown in growth, Meituan is reported to seek global expansion. In May 2023, Meituan officially announced the launch of its food delivery brand, KeeTa, in Hong Kong.

The point-to-point bike-sharing market is experiencing robust growth, driven by increasing urbanization, growing environmental concerns, and the rising popularity of micro-mobility solutions. While precise market size data for the base year (2025) is unavailable, considering the global micromobility market's significant expansion and the substantial investment in bike-sharing initiatives, a reasonable estimate for the 2025 market size would be $5 billion USD. Assuming a Compound Annual Growth Rate (CAGR) of 15% (a conservative estimate reflecting potential market saturation in some regions alongside continued expansion in others), the market is projected to reach approximately $11 billion USD by 2033. This growth is fueled by several key factors, including the integration of bike-sharing systems with public transportation networks, the development of innovative features such as e-bikes and smart locking technologies, and the increasing availability of subscription-based models offering cost-effective transportation options. However, challenges remain, including operational costs, regulatory hurdles in various regions, and concerns surrounding bike theft and vandalism. Successful operators will need to strategically manage these challenges while continuing to innovate and adapt to evolving consumer preferences. The competitive landscape is characterized by a mix of large, established players like DiDi Chuxing and Meituan Dianping, alongside smaller, more regionally focused operators. Success hinges on effective fleet management, robust technological infrastructure, and the ability to navigate varying regulatory landscapes. Future growth will likely be concentrated in developing economies with expanding urban populations, where point-to-point bike sharing offers a compelling alternative to private vehicle ownership. The evolution of technological integration – including data analytics for optimized fleet deployment and user-friendly mobile applications – will be crucial in driving market penetration and improving overall user experience. Strategic partnerships with local governments and businesses will further enhance accessibility and sustainability.