Meituan will pay social security for full-time and stable part-time riders, which is expected to be implemented in the second quarter.

　　Caixin. comMeituan (03690.HK) announced that it would provide social security for some riders. After the Hong Kong stock market closed on February 19, Meituan announced that it is currently building an information system related to rider social security, which is expected to be implemented in the second quarter of 2025 and gradually pay social security for full-time and stable part-time riders.

　　According to Caixin, in 2023, the total number of riders who received orders on the Meituan platform reached 7.45 million, and there were about 820,000 stable riders who received orders for more than 260 days in that year.

　　Meituan said that in order to actively build a harmonious labor relationship, Meituan conscientiously implemented the protection of riders’ rights and interests and continued to promote the social security of riders according to the characteristics of new employment forms and the actual needs of new employment groups. Since July 2022, under the guidance of the Ministry of Human Resources and Social Security, Meituan has taken the lead in launching a pilot project of occupational injury protection for people with new employment forms, and has invested 1.4 billion yuan to pay occupational injury insurance premiums for all riders in seven pilot provinces and cities, which will further cover all riders in all provinces and cities in the future.