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 | 8,082.10 | 68.80 | 0.86% |
| CAC 40 | 8,050.60 | 22.32 | 0.28% |
| DAX 40 | 23,019.18 | 32.36 | 0.14% |
| Dow JONES (US) | 41,488.19 | 674.62 | 1.65% |
| FTSE 100 | 8,647.75 | 15.42 | 0.18% |
| HKSE | 24,145.57 | 185.59 | 0.77% |
| NASDAQ | 17,754.09 | 451.07 | 2.61% |
| Nikkei 225 | 37,396.52 | 343.42 | 0.93% |
| NZX 50 Index | 12,166.14 | 100.11 | -0.82% |
| S&P 500 | 5,638.94 | 117.42 | 2.13% |
| S&P/ASX 200 | 7,854.10 | 64.40 | 0.83% |
| SSE Composite Index | 3,426.13 | 6.57 | 0.19% |