Meituan Company

References

(Wikipedia, 2023) ⇒ https://en.wikipedia.org/wiki/Meituan Retrieved:2023-8-13.
- Meituan (literally "beautiful group"), formerly Meituan-Dianping, is a Chinese shopping platform for locally found consumer products and retail services including entertainment, dining, delivery, travel and other services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The company operates different apps and websites for different services. The Meituan site offers deals of the day by selling vouchers on local services and entertainment. By May 2014, the company had 5,000 employees.^[1] In 2015, Meituan merged with Dazhong Dianping and changed its name to "Meituan-Dianping". dianping.com (大众点评网 Dàzhòng diǎnpíng wǎng, literally "public reviews net") hosts consumer reviews of restaurants, similar to Yelp and TripAdvisor, ^[2] and also offers group buying similar to Groupon. Meituan-Dianping is one of the world's largest online and on-demand delivery platforms. It has over 290 million monthly active users and 600 million registered users as of April 2018. In Q2 2021, GTV of Meituan food delivery business increased by 59.5% year over year. The daily average number of food delivery transactions increased by 58.9% year over year to 38.9 million.

https://techcrunch.com/2023/07/19/chinas-openai-challenger-zhipu-ai-gets-meituan-funding/
- QUOTE: Zhipu AI, one of China’s most promising challengers to OpenAI, has received funding from the country’s food delivery giant Meituan, which has a market cap of around $100 billion at the time of writing.
  An affiliate of Zhipu AI recently added a Meituan subsidiary as its shareholder, which now owns a 10% stake in the firm, local media reported citing business filing information. The startup hasn’t disclosed its exact funding to date, only saying it raised “hundreds of million yuan” ($1 = 7.23 yuan) from a Series B round last September. Its investors include Qiming Venture Partners, Legend Capital and Tsinghua Holdings.
  A multitude of Chinese companies are working to develop large language models (LLMs) that could potentially challenge their Western equivalents. One such company, Zhipu AI, hails from the academic realm, having spun out of the country’s prestigious Tsinghua University. Founded in 2019, the startup is led by Tang Jie, a professor in the university’s Department of Computer Science and Technology. ...