Meituan Debunks Rumor it Employs 80,000 Masters of The Road

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Meituan had about 7.45 million riders who earned income on its platform in 2023.

Meituan’s Research Institute denied an online rumor claiming that the takeout delivery platform has 80,000 riders with master’s degree and 300,000 college graduates, stating that such data lacked verification and was not based on fact.

In a recent internal letter to employees, Wang Xing, Meituan CEO, disclosed the company’s employment strategy, saying it recruits more than 5,000 fresh graduates each year and plans to hire 6,000 graduates for the class of 2025.

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Meituan's Research Institute denied a rumor that 80,000 riders have master's degrees and 300,000 have college degrees.
CEO Wang Xing revealed the company recruits over 5,000 fresh graduates annually, aiming for 6,000 in 2025; 7.45 million riders earned over 80 billion yuan ($11.29 billion) last year.
The average income for delivery workers is 6,803 yuan/month, higher than the average blue-collar worker's 6,043 yuan, with employment influenced by order fulfilment and location.

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Who’s Who

Meituan: Meituan denied rumors of employing 80,000 master’s degree holders and 300,000 college graduates as riders, stating the data is unverified. CEO Wang Xing revealed the company employs over 5,000 fresh graduates yearly, planning to hire 6,000 for the class of 2025. In 2023, 7.45 million riders earned over 80 billion yuan. Nearly half worked less than 30 days, with only 11% working more than 260 days. Average monthly earnings for riders are 6,803 yuan.

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What Happened When

2023：: Wang Xing, Meituan CEO, disclosed that about 7.45 million riders earned income on the platform, with total rider payouts exceeding 80 billion yuan.

June 2024：: High-frequency riders in first-tier cities could earn more than 7,354 yuan a month, while those in third-tier and smaller cities earned about 5,556 yuan.

June 2024：: High-frequency riders in Beijing and Shanghai can earn up to 11,014 yuan.

July 2024：: The number of jobless young people in China rose for the first time in five months as millions of fresh graduates entered the labor market.

August 2024：: A Meituan rider got down on his knees and pleaded to be allowed to carry on working after he was stopped by security guards who claimed he had damaged railings.

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Original Chinese Article Translated by AI