Pleurotus geesteranus originated in India and was introduced into Chinese mainland from Taiwan province after domestication. Its taste is delicious, with rich nutritional value and anti-tumor active substances. In recent years, its industrial scale is increasing, and it has a good development prospect. In this paper, the research status and progress of P. geesteranus were reviewed from the aspects of cultivation technology, genetics and breeding, quality and pharmacological function, postharvest preservation and spent mushroom substrate. It will provide reference and theoretical basis for the healthy development of P. geesteranus industry in the future.