Harnessing the Power of Mergers and Diversification: The Success Story of Meituan-Dianping
Asa Romeo Asa,
Sherzod Yusupov and
Johanna Pangeiko Nautwima
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Asa Romeo Asa: Namibian-German Institute for Logistics, Namibia University of Science and Technology, Windhoek, Namibia
Sherzod Yusupov: Tashkent State University of Economy, Tashkent, Uzbekistan
Johanna Pangeiko Nautwima: Namibia Business School, University of Namibia, Windhoek, Namibia
International Journal of Management Science and Business Administration, 2023, vol. 9, issue 4, 42-51
Abstract:
This study provides an analysis of Meituan-Dianping's business model and strategies that led to its success in the competitive Chinese market. The study focuses on the company’s strategic utilization of mergers, diversification, and innovative cross-selling techniques. A qualitative approach through a case study design was adopted to explore the concept of harnessing the power of mergers and diversification, in which qualitative content analysis and thematic analyses using ATLAS.ti were employed for qualitative data analysis. The qualitative data was extracted from various company documents such as the strategic and operational plans spanning from the year 2015 to 2023 which are readily available online. The study examines how Meituan’s decision to merge with Dianping in 2015, and its continued expansion of service offerings, made it a diversified platform catering to various consumer needs. The analysis also shows the company’s efficient use of big data analytics and behavior data to optimize marketing strategies and improve customer service. In conclusion, the research highlights that the success of Meituan-Dianping lies in its ability to adapt to market changes, diversified service offerings, and strategic partnerships.
Keywords: Meituan-Dianping; Business model; E-commerce; Mergers; Acquisitions; Diversification; Cross-selling; Market adaptation; Strategic partnerships (search for similar items in EconPapers)
JEL-codes: M00 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:mgs:ijmsba:v:9:y:2023:i:4:p:42-51
DOI: 10.18775/ijmsba.1849-5664-5419.2014.94.1004
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