Introduction

China’s takeout industry has experienced tremendous growth in recent years, fueled by the convenience and variety it offers to consumers. As we look ahead to 2025, we analyze the top 10 takeout companies in China, their market shares, financial performances, and the latest industry insights.

1. Meituan-Dianping

Market Share:

Meituan-Dianping is the leading takeout company in China, holding a significant market share of over 60%. The company’s integrated platform offers a wide range of services, including food delivery, hotel bookings, and movie ticket reservations.

Financial Performance:

In 2024, Meituan-Dianping reported a revenue of $25 billion, marking a 20% increase from the previous year. The company’s profit margins have remained strong, thanks to its efficient delivery network and innovative marketing strategies.

2. Ele.me

Market Share:

Ele.me is another major player in China’s takeout industry, with a market share of around 30%. The company’s partnership with Alibaba has helped it expand its reach and enhance its services.

Financial Performance:

Ele.me generated a revenue of $15 billion in 2024, showing steady growth compared to the previous year. The company’s investment in technology and logistics has improved its operational efficiency and customer satisfaction.

3. Baidu Waimai

Market Share:

Baidu Waimai is a prominent takeout platform in China, capturing a market share of approximately 15%. The company leverages Baidu’s search engine capabilities to connect users with local restaurants and delivery services.

Financial Performance:

In 2024, Baidu Waimai recorded a revenue of $8 billion, reflecting steady growth in line with industry trends. The company’s focus on data analytics and personalized recommendations has helped it attract a loyal customer base.

4. Tencent-backed Takeout Companies

Market Share:

Several takeout companies in China are backed by tech giant Tencent, such as Meituan-Dianping and Ele.me. These companies collectively hold a significant market share, benefiting from Tencent’s vast user base and financial support.

Financial Performance:

Tencent-backed takeout companies have shown impressive financial performances, with strong revenue growth and profitability. The synergy between these companies and Tencent’s ecosystem has enabled them to thrive in a competitive market.

5. Emerging Players in the Takeout Industry

Market Share:

In 2025, we are witnessing the rise of new players in China’s takeout industry, such as Foodpanda and Deliveroo. These companies are leveraging innovative technologies and business models to gain market share and challenge the dominance of established players.

Financial Performance:

While the financial data for emerging players may vary, their disruptive strategies and customer-centric approach are positioning them for rapid growth in the coming years. Investors are closely monitoring these companies for their potential to reshape the takeout landscape.

6. Industry Trends and Insights

Technology Integration:

Takeout companies in China are increasingly investing in technology, such as AI-powered delivery robots and drone deliveries, to enhance their operational efficiency and customer experience.

Health and Sustainability:

Consumers are becoming more conscious of their health and environmental impact, leading takeout companies to offer healthier menu options and eco-friendly packaging solutions to meet changing preferences.

Regulatory Challenges:

The Chinese government has introduced regulations to ensure food safety and fair competition in the takeout industry, posing challenges for companies to comply with stringent guidelines while maintaining growth.

Conclusion

In conclusion, the takeout industry in China is dynamic and competitive, with Meituan-Dianping, Ele.me, and Baidu Waimai leading the market in 2025. As emerging players enter the scene and industry trends evolve, companies will need to adapt and innovate to stay ahead in this rapidly changing landscape. Investors and consumers alike are watching closely as the top 10 takeout companies in China shape the future of dining experiences in the country.