Caixin Global – Latest China News & Headlines

Home >


CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

ByteDance-Owned TikTok Was World’s Most Downloaded Social Media App in January
Weibo Shares Plunge on Lower-than-expected Earnings, Weaker 1Q Guidance
China’s Handset Shipments Plummet Nearly 40% in January
China Has More Billionaires Than U.S. And India Combined: Hurun Report
Didi to Launch Food Delivery Service in Japan
NIO Strikes Government Deal with New Headquarters and New Funding Plan
Daimler Slims Down China Venture in Global Cost Saving
U.S. Transport Agency Bans Employees From Using TikTok For Work
Huawei Launches New Foldable Smartphone, Targets Android Market with HMS
Industries Switch Up Production Processes to Use Byproducts to Produce Medical Supplies
China Plans to Mass Produce Driverless Cars by 2025 Later Than Previous Forecast
U.S. Companies Fluctuate on Wall Street as Covid-19 Hits Their 2020 Forecasts
Snack Shop Serves Up First IPO from Wuhan Since Covid-19 Outbreak Took Hold
Chinese AI Firm Laiye Secures $42 Million in Series C Funding Round
Japan’s Finance Minister Expresses Concerns Over China’s Digital Yuan
U.S. Allows China’s iFlyTek to Resume Purchases of American-Made Medical Products During Outbreak
China Accounts For Nearly Half of All Global 5G Smartphone Shipments in 2019: Research
Xiaomi-Backed Smart Home Cleaner Maker Raises $641 Million in Shanghai IPO
Foxconn Allows Henan Workers to Return to Its Zhengzhou Complex
Alibaba-Owned Livestreaming Platform Taobao Live Sees Rapid Growth Amid Outbreak
Meituan Co-Founder Wang Huiwen to Retire at Year End

By Qian Tong and Denise Jia / Jan 21, 2020 05:08 AM / Business & Tech



Wang Huiwen, a co-founder of Chinese food delivery company Meituan Dianping, will step away from daily management in December 2020, according to an internal email.

Wang, who has served as Meituan senior vice president since 2010, will remain as a board member and serve as a consultant, Chief Executive Officer Wang Xing said Monday in the email.

Wang Huiwen, 40, is a long-time business partner of Wang Xing. Before co-founding Meituan in 2010, they co-founded a social media platform and a real estate searching platform. At Meituan, Wang has been in charge of the core on-demand delivery business and the new ride-hailing service.

Wang started handing over responsibilities for the ride-hailing business to others since mid-2019, a Meituan employee told Caixin. The CEO said Wang has discussed his retirement plan many times.

In addition, Meituan Senior Vice President Liu Lin will become a senior consultant, citing personal and family reasons, and vice presidents Guo Qing and Li Shubin will join Meituan’s senior management team, the CEO said in the email.

Contact reporter Denise Jia (

Share this article
Open WeChat and scan the QR code