美团宣布与腾讯元宝合作推出AI智能体"小美"，用户可通过元宝直接下单美团服务[1]。王兴在2026年一季度财报电话会上宣布了这项合作[1]，并提出美团未来要服务AI Agent的新方向[1]。
美团在AI领域的投入持续加大。2025年研发开支达259.98亿元，同比增长23.5%[1]；2026年一季度研发投入70亿元，同比增长22%[1]。美团自研的LongCat-2.0大模型总参数规模达1.6万亿，每个Token平均激活约480亿参数[1]。
美团的核心业务保持增长。截至2025年三季度，平台过去12个月交易用户数突破8亿[1]；在线营销服务收入由2024年的约492亿元增长至约519亿元[1]。
在商家服务方面，美团的数字化工具已覆盖广泛范围。其AI助手"小团"累计核验7亿次全国商家信息，智能掌柜服务超过70万商家，数字员工覆盖超过30万商户[1]。
Meituan announced a collaboration with Tencent Yuanbo to launch an AI agent called "Xiaomei" that will enable users to order Meituan services directly through Yuanbo, according to Chairman Wang Xing during the company's Q1 2026 earnings call on June 1st [1]. The partnership represents a significant strategic pivot, with the potential to transform Meituan from a primary platform into an API interface for AI-driven discovery and transactions [1].
The company is backing this shift with substantial investment in artificial intelligence capabilities. Meituan allocated 259.98 billion yuan to research and development in 2025, a 23.5% year-over-year increase, and committed an additional 70 billion yuan to R&D in Q1 2026, reflecting a 22% growth compared to the same period last year [1]. The company's LongCat-2.0 model operates at a scale of 1.6 trillion total parameters, with approximately 48 billion parameters activated per token on average [1].
This strategic reorientation reflects both Meituan's ambitions and the fundamental tension it faces: as AI agents become more capable, users may bypass the Meituan app entirely, potentially eroding the company's direct access to user intent data, advertising inventory, and recommendation authority [1]. Wang Xing framed the company's new direction as positioning Meituan to "serve AI agents" [1]. The company continues to expand its existing AI offerings—including its "Xiaotuan" system, which has verified 700 million business records nationwide, its intelligent store management service, which serves over 700,000 merchants, and its digital employee service, which covers over 300,000 merchants—while maintaining traditional business growth, with online marketing services revenue rising from approximately 49.2 billion yuan in 2024 to approximately 51.9 billion yuan in the most recent period [1]. The platform reported over 800 million transacting users in the twelve months ending Q3 2025 [1].
