The half-year transaction of the hotel and tourism business sector which has just been set up by meituan.com has amounted to 7.1 billion yuan.

The half-year transaction of the hotel and tourism business sector which has just been set up by meituan.com has amounted to 7.1 billion yuan and 33 million room nights.

Today, China's largest local life service platform, meituan.com announced the results of the first half of 2015. As of June 30, 2015, the turnover of meituan.com has reached 47 billion yuan, up 190% from a year ago.

Wang Xing, the founder and CEO of meituan.com, said that the turnover of meituan.com will exceed 100 billion yuan in 2015 and will achieve the goal of a trillion dollars of transactions in the next five years.

The industry insider analyze that according to the current growth rate of meituan.com, the goal to break 100 billion yuan will be completed ahead of time in 2015. It is no doubt that meituan.com will be the "King" in O2O industry.