Wang Xing

$7.28 B

Ranked #506 in World

About Wang Xing

Wang Xing, the Chinese entrepreneur behind Meituan, has been at the company's helm since 2010. Starting with a bachelor's in electronic engineering, Xing swiftly moved into the tech scene, founding and selling early social networks like Xiaonei. Pivotal to China's innovative web services, his ventures also faced state challenges leading to Fanfou's shutdown. Notably, Meituan, his brainchild, dominated the group-buying sphere but reeled from scrutiny after Xing's cryptic poem incurred Beijing's ire and a costly stock drop.

Born

February 18, 1979 in Longyan, China

Age

47 years

Source Of Wealth

Food Delivery

Industries

Technology

Citizenship

China

Residence

Beijing

Education

Bachelor of Engineering, Tsinghua University; Masters in Computer Engineering, University of Delaware

Wang Xing was born in 1979 in Longyan, Fujian, China. Not much is known about his early life and childhood.

Wang Xing: Family

Information about Wang Xing's family is not publicly available.

Wang Xing: Career Highlights

Wang Xing's career is marked by a series of entrepreneurial ventures in the technology industry. After completing his education, he launched several technology startups. One of his notable creations was Duoduoyou, a Chinese version of Friendster that targeted Chinese university students. He also founded Youzitu, a site for Chinese students abroad, but it ceased operation. Wang Xing's most significant achievement came with the creation of Xiaonei, a Chinese version of Facebook. However, due to financial problems, he sold Xiaonei.

In 2007, Wang Xing established Fanfou, China's first significant microblogging site. Fanfou gained popularity but was shut down by the Chinese government due to concerns about its content.

Undeterred by these setbacks, Wang Xing founded Meituan in 2010, a Chinese group-buying site based on Groupon's model. Meituan experienced rapid growth and became a major player in China's e-commerce industry. In 2015, Meituan merged with Dianping, another leading Chinese online review and local services platform, further solidifying its position in the market.

Wang Xing: Companies

Duoduoyou
Youzitu
Xiaonei
Fanfou
Meituan

Wang Xing: Major Achievements

Founded Meituan, one of China's largest e-commerce platforms.
Successfully merged Meituan with Dianping, creating a dominant player in China's online review and local services market.

Wang Xing: Awards & Achievements

Information about Wang Xing's awards and achievements is not publicly available.

Wang Xing: Personal Life & Legacy

Wang Xing keeps a relatively low profile regarding his personal life. He is known for his passion for technology and entrepreneurship. Wang Xing's legacy lies in his contributions to China's technology industry and his role in shaping the country's e-commerce landscape.

Wang Xing: Trivia

Wang Xing's post on Fanfou about a Tang Dynasty poem on book burning caused controversy and resulted in a significant drop in Meituan's share price.

Meituan came under scrutiny from Beijing authorities and faced an anti-monopoly investigation due to its dominant position in the market.

Wealth History

Timeline

1979

Wang Xing was born in Longyan, Fujian, China.

2001

Wang Xing received a bachelor's degree in electronic engineering.

2007

Wang Xing became the CEO of Fanfou, China's first big microblogging site.

2010

Wang Xing co-founded Meituan, a Chinese group-buying site based on Groupon's model.

2015

Meituan merged with Dianping, another Chinese group-buying site.

2021

Wang Xing posted a Tang Dynasty poem about book burning on Fanfou, seen as a veiled criticism of Xi Jinping's clampdown on civil society.

2021

Meituan's shares plunged 7.1% as a result, losing $36.98 billion in market cap.

2021

Meituan came under scrutiny from Beijing authorities and faced an anti-monopoly investigation.

Wang Xing : FAQs

What is Wang Xing's current net worth?

Wang Xing's current net worth is $7.28 billion.

What is Wang Xing's current global rank among billionaires?

Wang Xing holds the 506th position globally among billionaires.

What is Wang Xing's current ranking within the China?

Wang Xing holds the 55th position in China.

What was the change in Wang Xing's net worth compared to the previous year?

Wang Xing's net worth decreased by 1.46 billion dollars compared to the previous year 2025, when his net worth was 8.75 billion dollars.

What are Wang Xing's main sources of wealth?

Wang Xing's main source of income comes from Food Delivery.

In which industry does Wang Xing primarily operate?

Wang Xing is primarily involved in the Technology industry.

What is Wang Xing educational background?

Wang Xing holds a Bachelor of Engineering from Tsinghua University and a Masters in Computer Engineering from the University of Delaware.

How old is Wang Xing?

Wang Xing is 47 years old.

Who is Wang Xing and what company did he co-found?

Wang Xing is a Chinese businessman who co-founded Meituan, a major group-buying site in China, and has been its CEO since January 2010.

What startups has Wang Xing launched in his business career?

In his business career, Wang Xing launched several startups including Duoduoyou, a Chinese version of Friendster, and Youzitu. He also created Xiaonei, similar to Facebook, and founded Fanfou, China's first big microblogging site.

What led to the plunge in Meituan's market cap in response to Wang Xing's actions?

Wang Xing posted a Tang Dynasty poem on Fanfou that was interpreted as a criticism of Xi Jinping's government, which caused Meituan's shares to drop by 7.1% and the company lost $36.98 billion in market cap.

How has Wang Xing's company Meituan been affected by regulatory actions?

Meituan came under anti-monopoly investigation by Beijing authorities following scrutiny, which brought the company into the limelight and raised concerns among investors.