FUNDING
Company Profile
Meituan operates China's largest local-services super-app, connecting consumers with food delivery, in-store dining, hotel/travel booking, and other neighborhood retail services.
Founded 2010Beijing, China3690
Meituan FAQ
- Is Meituan publicly traded?
- Yes. Meituan trades under the ticker 3690.
Coverage Timeline
newest first- Jul 6, 2026FUNDINGSmart Glasses Maker Even Realities Hits $1B Valuation$150M at $1B valuation→
- Jun 30, 2026AIMeituan Open-Sources LongCat-2.0, a 1.6T Near-Frontier Model Trained Entirely on Chinese Chips1.6T parameters→
- Jun 30, 2026AIMeituan Open-Sources LongCat-2.0, a 1.6T Agentic Coding Model Trained Entirely on Chinese Chips1.6T parameters→
All Coverage
FUNDING$150M at $1B valuation
Smart Glasses Maker Even Realities Hits $1B Valuation
Shenzhen-based Even Realities raised $150 million led by Meituan and Tencent at a $1 billion valuation, becoming the first camera-free smart-glasses maker to sell more than 10,000 pairs.
AI
Meituan Open-Sources LongCat-2.0, a 1.6T Near-Frontier Model Trained Entirely on Chinese Chips
AI1.6T parameters
Meituan Open-Sources LongCat-2.0, a 1.6T Near-Frontier Model Trained Entirely on Chinese Chips
Meituan open-sourced LongCat-2.0, a 1.6-trillion-parameter agentic coding model trained entirely on Chinese-made chips, marking a significant milestone in China's push toward AI self-sufficiency amid continued export restrictions on advanced Western AI hardware. The release positions LongCat-2.0 as near-frontier in capability while proving domestic chip infrastructure can now train models at genuinely large scale.
AI
Meituan Open-Sources LongCat-2.0, a 1.6T Agentic Coding Model Trained Entirely on Chinese Chips
AI1.6T parameters
Meituan Open-Sources LongCat-2.0, a 1.6T Agentic Coding Model Trained Entirely on Chinese Chips
Meituan open-sourced LongCat-2.0, a 1.6-trillion-parameter mixture-of-experts coding model with a one-million-token context window, releasing it under the permissive MIT license on GitHub and Hugging Face. The release unmasked 'Owl Alpha,' the anonymous stealth model that had quietly topped global developer charts on OpenRouter for two months -- and revealed that the entire system was trained and served on a 50,000-card domestic compute cluster with no Nvidia or AMD accelerators. It is the clearest evidence yet that China can build a near-frontier AI stack end to end despite US export controls.