Understanding the Market | Meituan-W rose over 3% during intraday trading, with Meituan Longzhu co-leading the investment in Xinghaitu. The company is once again focusing on embodied intelligence
Meituan-W's stock price rose more than 3% during the trading session, with an increase of 2.61% as of the time of writing, priced at HKD 121.7, with a transaction volume of HKD 2.509 billion. Meituan Longzhu jointly led the A4 and A5 rounds of financing for Xinghaitu, with a total financing amount exceeding USD 100 million. Xinghaitu focuses on the research and development of embodied intelligent robots and continues to receive strategic investments and support from national-level industrial funds. In recent years, Meituan has made multiple investment layouts in this field
According to Zhitong Finance APP, Meituan-W (03690) rose more than 3% during the trading session, and as of the time of publication, it was up 2.61%, priced at HKD 121.7, with a transaction volume of HKD 2.509 billion.
In terms of news, recently, Xinghai Map's official website announced that it has completed strategic financing rounds A4 and A5, with a total financing amount exceeding USD 100 million. The A4 round was co-led by Today Capital and Meituan Longzhu, with participation from CICC Porsche Fund, Xianghe Capital, and existing shareholders miHoYo and Wuxi Venture Capital Group; the A5 round was co-led by Meituan Longzhu and Meituan Strategic Investment, with Beijing Robot Fund oversubscribing, and Yizhuang Guotou participating, while existing shareholders such as BV Baidu Venture Capital, Cathay Capital, Today Capital, and Xianghe Capital continued to invest.
It is reported that since launching its A round series of financing in 2025, Xinghai Map has continuously received support from strategic investors, national industrial funds, and leading financial investment institutions. Xinghai Map is an artificial intelligence company focused on creating "one brain, multiple forms" embodied intelligent robots, dedicated to the research and development of general embodied intelligent agents, achieving full-stack self-research from embodied entities, end-to-end algorithms, to scene implementation solutions.
Additionally, it is worth mentioning that according to previous exclusive reports from Intelligent Emergence, in May 2025, the variable robot completed hundreds of millions in A round financing, led by Meituan Strategic Investment, with Meituan Longzhu participating. Furthermore, in recent years, the Meituan group has made multiple investments in this field, targeting leading companies such as Yushu Technology, Galaxy General, and Purdue Technology
