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the mission of meituan is "to help everyone eat better and live better". As a leading e-commerce platform for life service in China, the company has consumer-friendly apps such as Meituan, Public Comment and Meituan Takeaway, and its services cover more than 211 categories such as catering, take-away, fresh retail, taxi, bicycle enjoyment, hotel tourism, movies, leisure and entertainment, and its business covers 2,811 counties and cities across the country.
At present, Meituan's strategy focuses on Food+Platform, and it is taking "eating" as the core to build a multi-level scientific and technological service platform for life service industry from demand side to supply side. Meituan is making great efforts to build itself into a social enterprise, hoping to build a smart city through in-depth cooperation with party and government departments, universities and research institutes, mainstream media, non-profit organizations and ecological partners.
In August, 2116, Beijing Food and Drug Administration used high-tech means to search and monitor Internet illegal activities, which provided a number of illegal clues for the regulatory authorities and investigated a large number of illegal cases. On August 11, Beijing Food and Drug Administration filed an investigation on the US Mission. On June 22, 2118, Meituan formally submitted an IPO application to the Hong Kong Stock Exchange. On September 21th, the US delegation landed on the Hong Kong Stock Exchange.
On October 8, 2121, the General Administration of Market Supervision made an administrative penalty decision according to law, ordered Meituan to stop its illegal behavior, fully refunded the exclusive cooperation deposit of 1.289 billion yuan, and imposed a fine of 3% of its sales in China in 2121, totaling 3.442 billion yuan.