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Dot 015: Project - Wang Xing/Meituan - Strategies and Execution on the Strategies

8/15/2018

 

Existing logic: "help people live better, eat better."

1. Tsinghua University, 2001; 
2. Dropped out from PhD, 2003;
3. Two tries on SNS products, 2004;
4. Launched xiaonei.com (Chinese Facebook), 2005;
5. Sold it, 2006; 
6. Launched fanfou.com (Chinese Twitter), 2007;
8. Got censored, 2009;
9. Launched Meituan.com, 2010;
10. Survived and thrived from 5000 competitors, 2012;
11. New business: food delivery;
12. New business: movie tickets booking;
13. New business: restaurant reservation;
14. New business: restaurant rating/recommendation, 2015;
15. New business: hotel rating/recommendation;
16. New business: hotel reservation;
17. New business: flight&train tickets booking;
18. New business: Payment system;
19. New business: ERP system for business customers;
20. New business: Car sharing, 2017
21, New business: biking sharing, 2017
22. New business: offline store

23. IPO: Sept 20th, 2018

Meituan Dianping = Yelp + OpenTable + Doordash/GrubHub + Fandango + TripAdvisor + Princeline + Booking + Airbnb + LimeBike + Uber
Alibaba in the third industry
Chinese Amazon in the third industry



​Timeline: 
2003

2005

2006

2007

2009

2010

...

2013

2014

2015

2016

2017

​2018










​

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  • Home
  • Growing n Evolving
  • Competence Circle
    • Philosophy >
      • Her
      • Quotes
      • Day One
      • Wu Jun
      • Outside >
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      • North Star
    • Analyzing >
      • Investment >
        • Primary Market
        • Secondary Market
        • Cryptocurrency
      • Companies >
        • Meitua美团
        • Amazon
        • Amino Capital
        • Alphabet >
          • Jeff Bezos
        • Berkeshire Hathaway
        • Tesla
        • JD
        • Microsoft
        • Apple >
          • Steve Jobs
        • Nvidia
        • SpaceX
        • Blue Origins
        • Softbank
        • Alibaba
        • Tencent
        • Huawei华为
      • Industries / Sectors >
        • P1 >
          • Mining
          • Healthcare
          • Supply Chain
          • Retailing
          • Blockchain
          • Cloud Computing
          • AR/VR/MR
        • P2 >
          • Aerospace
          • Computer Vision
          • Autonomous Vehicle
          • Manufacturing
          • IoTs
      • Figures/Stars
      • Designs /Aesthetics >
        • Designers >
          • Jony Ive
        • Products
        • Houses
        • Apartments
        • Cars
        • Swords
        • Aircrafts
        • Spacecrafts
      • Civilizations >
        • Egypt
        • China
        • Greece
        • Baylon
        • Persia
        • Rome
        • Carthage
        • Arab
        • Japan
        • Spain
        • Italy
        • Portugal
        • France
        • Germany
        • Kievan Rus
        • Russia
        • Sweden
        • United Kingdom
        • Netherlands
        • Uniited States
        • Singapore
    • Coding >
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      • Linear Algebra
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    • Physical >
      • Kendo
      • Workout >
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  • About Me