How Meituan Became China’s Other SuperApp

แชร์
ฝัง
  • เผยแพร่เมื่อ 20 ต.ค. 2024
  • 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.
    Links:
    The Asianometry Newsletter: asianometry.com
    Patreon: / asianometry

ความคิดเห็น • 74

  • @Asianometry
    @Asianometry  3 ปีที่แล้ว +6

    I hope you are all having a nice day!
    Watch other company profiles here: th-cam.com/play/PLKtxx9TnH76Qod2z94xcDNV95_ItzIM-S.html

    • @tedchandran
      @tedchandran 3 ปีที่แล้ว

      More money can be made by transferring its Database to the US.

  • @excitedbox5705
    @excitedbox5705 3 ปีที่แล้ว +30

    it is amazing how fast you produce these high quality videos. I have been waiting all week for the next one ;)

    • @shazmosushi
      @shazmosushi 3 ปีที่แล้ว

      There's 16 unreleased videos available for streaming on the Patreon Early Access tier. I highly recommend the first Carl Zeiss video. It's a great story.

    • @excitedbox5705
      @excitedbox5705 3 ปีที่แล้ว

      @@shazmosushi I know I wish I could afford it right now, but I am beyond broke.

    • @shazmosushi
      @shazmosushi 3 ปีที่แล้ว +1

      That's fair enough. You should definitely focus on fixing that as your first priority (by keeping your costs and spending as low as you can for a long time)!

    • @shazmosushi
      @shazmosushi 3 ปีที่แล้ว +1

      By the way, as you may know there's more than 200 videos on the Asianometry channel already released. So plenty of videos free already, and you probably haven't seen them all yet!

    • @excitedbox5705
      @excitedbox5705 3 ปีที่แล้ว

      @@shazmosushi I think I have seen most of them. I have been watching this channel for months and usually watch multiple videos at once.

  • @kornofilo
    @kornofilo 3 ปีที่แล้ว +17

    Clicked so hard I almost break the screen on my phone.

  • @zacharyyan4898
    @zacharyyan4898 3 ปีที่แล้ว +9

    Would be cool to see a video explaining what “online to offline” is exactly and like a breakdown of the business model

  • @jinyu1455
    @jinyu1455 3 ปีที่แล้ว +3

    most interesting part is almost everyone in China checks reviews and products on Dianping before they choose a restaurant, or when they choose what to eat in a restaurant...

  • @sammylove7751
    @sammylove7751 3 ปีที่แล้ว +21

    Explain Didi (Chinese company) & Coupang (Korean company)...😌😍

  • @carlewen-lewis3305
    @carlewen-lewis3305 3 ปีที่แล้ว +2

    A platform that facilitates Community Purchasing sounds amazing. Would really like to hear more about that company and how it works. There's definitely a market for that in other nations.

  • @lelouch9609
    @lelouch9609 3 ปีที่แล้ว +8

    Bro please make more videos like this

  • @gdenngiam8711
    @gdenngiam8711 3 ปีที่แล้ว +1

    Really enjoying your content man :)

  • @wiimichell
    @wiimichell ปีที่แล้ว

    Tencent gave me Meituan shares and because i didn't know what Meituan does was really helpful your video to know what they do
    Greetings from Mexico!

  • @hc3d
    @hc3d 3 ปีที่แล้ว +5

    9.5 million delivery staff. That's an absolutely mind boggling number. I think these Chinese giants will rapidly expand out of the Chinese borders of they haven't done so already. Vietnam, Indonesia and many other nearby countries will perhaps start seeing these brands pop up.

    • @francisdayon
      @francisdayon 3 ปีที่แล้ว +5

      They already have but it looks like they change their names.

    • @stel_lanis
      @stel_lanis 3 ปีที่แล้ว +2

      Is it staff though or gig slaves?

    • @hc3d
      @hc3d 3 ปีที่แล้ว

      @@stel_lanis Staff is indeed a misleading name.

    • @jackshao126
      @jackshao126 3 ปีที่แล้ว +1

      @@stel_lanis it’s like Uber drivers for delivery, so gig slaves

    • @stel_lanis
      @stel_lanis 3 ปีที่แล้ว

      @@jackshao126 Man I really hope that this shit will get regulated at some point. The gig economy is not in the slightest sustainable.

  • @LawatheMEid
    @LawatheMEid 3 ปีที่แล้ว +2

    Good morning from Syria.

  • @playboygoss
    @playboygoss 3 ปีที่แล้ว +7

    Can you make a video on XIAOMI? it has become the 2nd largest smartphone manufacturer in the world, only behind Samsung

  • @joey199412
    @joey199412 3 ปีที่แล้ว +6

    Can you make a video about the top 4 lowest birthrates for economies (#1 South Korea, #2 Mainland China, #3 Japan, #4 Taiwan) and maybe answer or theorize why they are all East Asian countries and how that will effect the Asian tigers and the Asian economic landscape in the coming decades.

    • @hyy3657
      @hyy3657 3 ปีที่แล้ว

      actually Singapore is the lowest.

    • @xr1747
      @xr1747 3 ปีที่แล้ว +1

      @@hyy3657 South Korea is way lower at 0.88, i think Taiwan is marginally lower too

    • @FOLIPE
      @FOLIPE 3 ปีที่แล้ว

      It's not that far bellow Europe or even North America, but they are far more urbanized (except China) and get less immigrants. A view on that would be interesting but it's a global issue

  • @fredfrond6148
    @fredfrond6148 3 ปีที่แล้ว

    Excellent content as always.

  • @Taransidhu21
    @Taransidhu21 2 ปีที่แล้ว

    Thanks for the video - what's the data source for the chart at 5:32?

  • @daniel7587
    @daniel7587 3 ปีที่แล้ว +1

    Interesting video, just one question at 4:16 is that the correct pronunciation of eleme?

    • @Lukania_Falkor
      @Lukania_Falkor 3 ปีที่แล้ว

      No, it's not. It's pronounced as "er-ler-mer". It basically means : hungry?

    • @coda-n6u
      @coda-n6u 3 ปีที่แล้ว

      Uh luh ma?

  • @adelinesoegianto4740
    @adelinesoegianto4740 ปีที่แล้ว

    Between the two tech giants, which one is the United States? And which one is the Soviet Union?

  • @petermanuel5043
    @petermanuel5043 3 ปีที่แล้ว +3

    I always thought 饿了么 was more popular than 美团... The more you know, eh, thanks!

  • @jayakailashmenon7434
    @jayakailashmenon7434 3 ปีที่แล้ว +5

    Hi Can you do one on the failure of BANDAR MALAYSIA?

  • @hh0686
    @hh0686 10 หลายเดือนก่อน

    Why did Alibaba and Tencent think the consolidation of Didi and Kuadadi was a mistake?

  • @diegosantos9757
    @diegosantos9757 3 ปีที่แล้ว

    How about an episode on Bytedance?

  • @polaris1985
    @polaris1985 ปีที่แล้ว

    Population of Austria delivering food all around China, Wow!

  • @stevenhe198911
    @stevenhe198911 3 ปีที่แล้ว

    this is very a detailed research

  • @rakeshkumarrout2629
    @rakeshkumarrout2629 3 ปีที่แล้ว +1

    Really appreciate your Chinese pronouncion..

  • @rakeshkumarrout2629
    @rakeshkumarrout2629 3 ปีที่แล้ว

    That's what we looking for .

  • @FOLIPE
    @FOLIPE 3 ปีที่แล้ว

    This is interesting but I'd be worried about the consequences for labour and wages. I do wonder, however, how do they get so many people to work those jobs considering unemployment is so low in China

    • @JPS_Originals
      @JPS_Originals 3 ปีที่แล้ว +2

      Migrant workers I guess, but I have no idea

    • @小蜗蜗
      @小蜗蜗 3 ปีที่แล้ว

      some of them are college students

    • @Timothy-su9fj
      @Timothy-su9fj 3 ปีที่แล้ว

      It's just because the unemployment numbers are very fake. Chinese statistic are fake but the unemployment rate is just at a completely different level. Like, no one actually concern much about the livestocks' living.

    • @SaretGnasoh
      @SaretGnasoh 3 ปีที่แล้ว

      @@Timothy-su9fj your brain also fake lol

    • @killuadre9176
      @killuadre9176 3 ปีที่แล้ว +3

      @@JPS_Originals I would second this on migrant workers. At least in the first tier cities which I have lived. Ask any of the blue collar workers in Shenzhen, they are all from surrounding provinces and there are very few “Shenzhenese” if that makes sense. Some of these individuals work subsistence wages just to work in a tier 1/2 city to get away from their poor hometowns.

  • @cdnsilverdaddy
    @cdnsilverdaddy 3 ปีที่แล้ว

    Why deservedly so? Is that what innovation is all about?

  • @heinrichklaus5717
    @heinrichklaus5717 3 ปีที่แล้ว +2

    Who is here because of the Meituan stock crash?

  • @rakeshkumarrout2629
    @rakeshkumarrout2629 3 ปีที่แล้ว

    Please make a video on PALANTIR

  • @turtlenomics5121
    @turtlenomics5121 3 ปีที่แล้ว

    Awesome

  • @PedanticNo1
    @PedanticNo1 3 ปีที่แล้ว

    GODDAMN DEER!

  • @maxhill9254
    @maxhill9254 2 ปีที่แล้ว

    noice

  • @PlanetFrosty
    @PlanetFrosty 3 ปีที่แล้ว

    So now with claw back of “bonuses” paid to CCP Officials, Teachers, and more as it appears the Premier suggests cash is tight at Central Government. Today’s stock market move in China suggest more is afoot, what is the other show to drop? Rumor is that money from Billionaires is being taken too as well as other operational money.

    • @AFlyingCookieLOL
      @AFlyingCookieLOL 3 ปีที่แล้ว

      Your assumption is backed by nothing.

  • @foxwuj
    @foxwuj 3 ปีที่แล้ว +1

    another counterfeit apps,,, great...

  • @playboygoss
    @playboygoss 3 ปีที่แล้ว +4

    And Lei Jun (the founder of Xiaomi) was rated number 1 by forbes china, he is an admirer of steve jobs too, his career is interesting and deserves a video given the rise of Xiaomi

  • @LawatheMEid
    @LawatheMEid 3 ปีที่แล้ว +2

    Good morning from Syria.