Meituan
MPNGY
Company Profile
Business description
Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the year ended 2023, the firm generated 58% of revenue from on-demand services, 17% from hotel booking, coupon sales, advertising, and 25% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.
Contact
No. 4 Wang Jing East Road
Block B and C, Hengjiweiye Building
Chaoyang District
Beijing100102
CHNT: +86 10107888
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Internet Retail
Fiscal Year End
31 December 2025
Employees
114,860
Meituan News & Analysis
markets
Why emerging markets could finally shine
Attractive valuations and China reopening could lead long-lagging emerging stocks to outperform.
stocks
What else could Tencent sell after Meituan?
Despite the tech conglomerate mulling a sale of its 17% stake in Meituan, our fair value estimates for both companies remain unchanged.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 8,013.30 | 46.70 | 0.59% |
CAC 40 | 7,938.21 | 50.75 | -0.64% |
DAX 40 | 22,567.14 | 109.27 | -0.48% |
Dow JONES (US) | 40,813.57 | 537.36 | -1.30% |
FTSE 100 | 8,542.56 | 1.59 | 0.02% |
HKSE | 24,039.04 | 576.39 | 2.46% |
NASDAQ | 17,303.01 | 345.44 | -1.96% |
Nikkei 225 | 37,053.10 | 263.07 | 0.72% |
NZX 50 Index | 12,266.25 | 57.20 | 0.47% |
S&P 500 | 5,521.52 | 77.78 | -1.39% |
S&P/ASX 200 | 7,789.70 | 40.60 | 0.52% |
SSE Composite Index | 3,418.05 | 59.32 | 1.77% |