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COMPANY

Meituan

REGION

China

PARTNERED

2017

Founder’s Quote

“GIC has provided us strong support in many different ways. They shared the same belief in our vision from early in our journey and supported our growth from private to public. Their extensive network in different geographies gives them unique global insight.”​
Wang Xing (Co-Founder, President)​

Description

Meituan offers diversified daily goods and services in the broader retail industry by leveraging technology, including food delivery, in-store, hotel & travel booking, community ecommerce, as well as other services and goods retail businesses. Its vision is ‘we help people eat better, live better’​ ​

GIC’s Value Add

GIC supported Meituan across its life-cycle by investing at its growth-stage and further increasing our stake through a PIPE investment (private investment in public equity) post IPO. We also connected Meituan with important business partners including an unmanned robotics company and its US peers​

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