Meituan, the Chinese giant for local life services, is planning to launch a new app aimed at providing businesses with a comprehensive solution for managing their employees’ expenses. The app will cater to meals, business trips, and ride-hailing services, in a bid to attract more corporate clients in China. The Beijing-based company has announced that the app will be officially launched during a press conference scheduled for April 13. The app, which was formerly known as the Meituan Shangqitong platform, is already available on the App Store.
Currently, Meituan handles more than 90% of its own dining, business trips, and ride-hailing needs through the platform. The new app is an extension of the Enterprise Meituan platform, which already serves thousands of corporate clients from a range of industries, including Xiaomi, iQIYI, and SF Express. The platform’s official website highlights its existing offerings, such as booking and reimbursement services for corporate travel and ride-hailing services, catering services, and customized reports on employee spending.
Meituan’s latest move is part of its ongoing effort to tap into the lucrative corporate market in China. With the launch of this new app, Meituan aims to provide a more convenient and streamlined solution for enterprises to manage their employees’ expenses. The company’s expansion into the corporate sector aligns with its long-term strategy of diversifying its revenue streams beyond its core businesses of food delivery and hotel bookings.