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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.\\xa0

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Sponsors:
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The Meituan Playbook is available on our website at https://www.acquired.fm/episodes/meituan

Links:

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• Meituan\'s English language walkthrough video: https://www.youtube.com/watch?v=5wxgQVjDviQ\\n
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• The Tech Buzz China podcast: https://www.techbuzzchina.com\\n
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• GGV\'s Evolving for the Next Billion podcast: https://nextbn.ggvc.com/podcasts/\\n
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• Bernard Leong\'s Analyse Asia: https://analyse.asia\\n
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\\xa0Carve Outs:

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• Extraterrestrial: \\xa0https://www.amazon.com/Extraterrestrial-First-Intelligent-Beyond-Earth-ebook/dp/B081TTY4NX/\\n
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• John Luttig\'s newsletter: https://luttig.substack.com\\n
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