W ang Xing is a brilliant and resilient Chinese technology entrepreneur who is the co-founder and CEO of Meituan, one of China's largest and most dominant technology platforms. He is a serial entrepreneur with a history of creating successful companies that were often clones of American tech giants. His first major successes were Xiaonei, a social network modeled on Facebook (which he later sold), and Fanfou, a microblogging site similar to Twitter.
His greatest success came in 2010 when he founded Meituan as a group-buying website similar to Groupon. He successfully navigated the brutal 'thousand-groupon-war' that saw hundreds of competitors fail. He then brilliantly pivoted and transformed Meituan into a 'super-app' for services, with a focus on food delivery, where it has become the dominant market leader. The app has also become a major force in hotel booking, travel, and a vast array of other local consumer services. His ability to consistently out-compete his rivals has made him one of China's most successful and respected tech leaders.
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