Overview
Wang Xing (; born 18 February 1979) is a Chinese businessman and computer engineer who is the of Meituan-Dianping. Fortune listed Wang as number three on its 2018 "40 under 40" list. Forbes estimates his net worth at US$8.9 billion as of November 2022.
Early life and education
Wang Xing was born in 1979 in Longyan, Fujian, China. He graduated from Tsinghua University with a bachelor’s degree in electronic engineering in 2001. He pursued a Ph.D. in computer engineering at University of Delaware from 2001 to 2004 but then dropped out of the program. Nevertheless, in 2005, he received a master's degree in computer engineering from University of Delaware.
Business career
After dropping out of University of Delaware, Wang returned to China to launch his business career. In his first technology startup, Wang along with a couple of friends, tried to create a Chinese version of the then-social networking site Friendster. His first such site was called Duoduoyou ("Many Friends"), targeting students in various Chinese universities. After Duoduoyou failed to take off, he started Youzitu to serve Chinese students abroad but the site was shut down.
In 2005, Wang created a Chinese version of Facebook called Xiaonei ("On Campus"). The site was a hit but Wang had to sell it off due to financial problems. The new owners re-branded the site, which is now called Renren ("Everybody").
From Wikipedia (CC BY-SA 4.0).