Meituan to Showcase Autonomous Delivery Technologies at CES 2019

2019-01-04 17:00 1122

BEIJING, Jan. 4, 2019 /PRNewswire/ -- Meituan Dianping (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, will make its CES debut and showcase its innovative autonomous delivery technologies at CES 2019, which will be held in Las Vegas from January 8 to 11, 2019.

Meituan is transforming how Chinese people eat and how local merchants operate their daily business. As the world's largest on-demand food delivery service provider, Meituan has built and currently operates the world's largest on-demand delivery network in terms of the number of deliveries. A pioneer in interactive intelligent delivery in China, Meituan has been investing in big data, AI, and other technologies to explore the use of autonomous driving solutions for driverless delivery.

At CES 2019, the Company will showcase the Meituan Autonomous Delivery (MAD), an innovative and holistic solution to driverless delivery, which incorporates an order platform, dispatch system, and road network logistics with big data optimization. The MAD solution uses a variety of intelligent delivery devices, such as unmanned aerial vehicles (UAVs), and high/low-speed autonomous delivery vehicles and robots, to meet the needs for on-demand delivery in various scenarios such as buildings, business campuses and public roads. A large screen display at CES will demonstrate the trial autonomous delivery operations in China.

The Company will also unveil its "Meituan Brain", an on-going project with the goal to build the world's largest knowledge map for catering and entertainment. Leveraging AI technology, the brain will enable intelligent local life services, based on its knowledge of relationships between hundreds of millions of users and tens of millions of merchants.

Meituan's on-demand delivery network completed approximately 2.9 billion deliveries in 2017. The Company has developed a proprietary real-time intelligent dispatch system. Powered by AI technology, the system optimizes order-rider matching based on the real-time locations of delivery riders, and performs approximately 2.9 billion times of the route planning algorithm per hour during daily peak times.

Please visit Meituan's booth at CES, which is located on the 3rd floor of South Hall 4.

About Meituan Dianping

Meituan Dianping (HKG: 3690) (the "Company") is China's leading e-commerce platform for services. With the mission of "We help people eat better, live better," the Company's platform uses technology to connect consumers and merchants. Service offerings on the platform address people's daily needs for food, and extend further to broad lifestyle and travel services. According to the iResearch Report, Meituan is the world's largest on-demand food delivery service provider and China's largest e-commerce platform for in-store dining services in 2017. It currently operates the world's largest on-demand delivery network in terms of the number of deliveries in 2017. Meituan helps consumers discover merchant information, make informed decisions, complete online and offline transactions and enjoy on-demand delivery. The Company currently owns several household brands in China, including Meituan, China' s leading online marketplace for services by GTV in 2017, and Dianping, China' s leading online destination for discovering lifestyle services by MAU in 2017, Meituan Waimai for on-demand delivery services, and Mobike for bike-sharing services. Meituan had 382.3 million Annual Transacting Users and 5.5 million Annual Active Merchants by the end of third quarter 2018. The Company operates in over 2,800 cities and counties in China.

For media inquiries, please contact:

David Liu

Edmond Lococo
ICR Inc.
Tel: +86 (10) 6583 7510

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Source: Meituan-Dianping
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