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
    CHN

    T: +86 10107888

    https://about.meituan.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Internet Retail

    Fiscal Year End

    31 December 2024

    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 Ordinaries8,316.7098.30-1.17%
CAC 407,274.4819.89-0.27%
DAX 4019,884.7585.11-0.43%
Dow JONES (US)42,840.26498.021.18%
FTSE 1008,084.6120.71-0.26%
HKSE19,720.7031.81-0.16%
NASDAQ19,572.60199.831.03%
Nikkei 22538,701.90111.68-0.29%
NZX 50 Index12,878.5825.53-0.20%
S&P 5005,930.8563.771.09%
S&P/ASX 2008,067.00101.20-1.24%
SSE Composite Index3,368.071.96-0.06%

Market Movers