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 2024
Employees
114,860
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
---|---|---|---|
All Ordinaries | 8,645.30 | 78.30 | 0.91% |
CAC 40 | 7,213.32 | 14.87 | 0.21% |
DAX 40 | 19,146.17 | 141.39 | 0.74% |
Dow JONES (US) | 43,870.35 | 461.88 | 1.06% |
FTSE 100 | 8,149.27 | 64.20 | 0.79% |
HKSE | 19,343.91 | 257.20 | -1.31% |
NASDAQ | 18,972.42 | 6.28 | 0.03% |
Nikkei 225 | 38,365.24 | 339.07 | 0.89% |
NZX 50 Index | 13,041.90 | 276.66 | 2.17% |
S&P 500 | 5,948.71 | 31.60 | 0.53% |
S&P/ASX 200 | 8,406.00 | 83.00 | 1.00% |
SSE Composite Index | 3,336.93 | 33.47 | -0.99% |