Meituan established 'software and hardware services” and 'grocery retail” organizations, and changed its overseas business name to Keeta

Meituan announces progress in organizational structure adjustment

On August 23, Meituan CEO Wang Xing issued an internal email announcing new progress in organizational structure adjustment.

Business portfolio and organizational structure iteration

• SaaS (Software Operation Services), cycling, power banks and other businesses were merged into "Software and Hardware Services", with Zhang Chuan in charge.
• Kuailu, Xiaoxiang, Youxuan and other businesses were merged into "Grocery Retail", with Guo Wanhuai in charge.
• Overseas business was renamed Keeta and Qiu Guangyu was in charge.
• The above business leaders report directly to Wang Xing.

Integration continues

This organizational iteration is the continuation of Meituan’s business integration this year. At the beginning of the year, Meituan announced the integration of its original home and store business groups, basic R&D platform and Meituan platform, with Wang Puzhong in charge, and later officially named it the "Core Local Business" segment.

Keywords: aggregation of power

According to Titanium Media, Meituan sources analyzed that aggregation of power is the key word for Meituan’s organizational structure adjustment this year. After the integration of the core local business sectors is completed, other businesses will also be integrated. To be expected.

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