Meituan is an investment holding company mainly engaged in tech-driven retail, providing daily goods and services by leveraging technology, including food delivery, in-store, hotel and travel booking, as well as other services and sales. The Company operates its businesses through two segments. The Core Local Commerce segment includes food delivery, Meituan Instashopping, in-store, hotel and travel businesses. The New Initiatives segment includes Meituan Select, Xiaoxiang Supermarket and others. The Company distributes its products within domestic market.