Core Insights - Wang Xing, the founder of Meituan, has made significant investments in over 30 robotics-related companies, totaling more than 10 billion yuan, with a focus on humanoid robots [1][2] - He has emerged as the largest investor in embodied intelligence in China, actively participating in funding rounds and forming strategic partnerships with key players in the industry [2][3] - Meituan is building a comprehensive "robot army," integrating AI, hardware, and various application scenarios, indicating a shift towards a new industrial ecosystem [3][4] Investment Strategy - In 2025, Meituan's investments have been exclusively directed towards embodied intelligence companies, with significant amounts being invested in core innovators [5][6][8] - The investment frequency and amounts are substantial, with Meituan leading multiple funding rounds, including a notable $122 million investment in Itai Zhihang [6][10] - The investment strategy reflects a long-term vision, moving beyond short-term gains to establish a robust ecosystem in robotics and AI [4][19] Strategic Shift - Meituan's strategic direction has evolved from a focus on food delivery to a broader emphasis on technology and robotics, marking a significant transformation in its business model [20][21] - The company has shifted its investment focus from consumer brands to hard technology, with a notable increase in investments in robotics and AI since 2021 [21][22] - This strategic pivot is supported by the establishment of the Meituan Robotics Research Institute, which collaborates with top universities to advance key technologies [23][24] Future Outlook - The investments in robotics are seen as foundational for Meituan's future operations, aiming to create a system where services are automated and less reliant on human labor [30][38] - Wang Xing's vision includes transforming the physical world into a system that can be managed and optimized through software, positioning robotics as a critical infrastructure for the future [31][32] - Meituan's comprehensive approach to building a robotics ecosystem indicates a proactive stance in preparing for the next wave of technological advancement [36][37]