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10 Maret 2021

We dive into the history behind Meituan, the juggernaut Chinese "super-app" which dominates China's services economy, offering consumers everything from food delivery, restaurant reviews, travel booking, bike-sharing, movie ticketing, and countless other entertainment and lifestyle services all at the touch of a button. Already China's 3rd largest tech company by market cap (behind just Tencent and Alibaba), Meituan did $15 billion in net revenue in FY2019 and continues to grow rapidly. What makes it so special, and how were they able to become the market leader in such a competitive space? This story is packed with lessons that apply equally beyond China tech to high-growth company building and investing everywhere.  If you love Acquired and want more, join our LP Community for access to over 50 LP-only episodes, monthly Zoom calls, and live access for big events like emergency pods and book club discussions with authors. We can't wait to see you there. Join here at: Sponsors: 1Password: Revelo: Vanta: The Meituan Playbook is available on our website at Links: Meituan's English language walkthrough video: The Tech Buzz China podcast: GGV's Evolving for the Next Billion podcast: Bernard Leong's Analyse Asia:  Carve Outs: Extraterrestrial: John Luttig's newsletter:


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