Meituan is making notable strides in the robotics arena with its recent $100 million investment in Galaxea AI. This marks the company’s second significant robotics venture in the past two months, following its involvement with Independent Variable Robot Technology (Jinan) Co. Such moves highlight Meituan’s growing focus on embodied intelligence, even as the broader robotics market faces challenges like reduced funding, rising losses, and increased competition. This strategic investment underscores Meituan’s dedication to pioneering advancements in the robotics field.
