Meituan (HKG:3690)
Hong Kong · Delayed Price · Currency is HKD | Market Cap | 614.47B |
| Revenue (ttm) | 394.99B |
| Net Income (ttm) | 32.33B |
| Shares Out | 6.11B |
| EPS (ttm) | 5.15 |
| PE Ratio | 19.55 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 53,974,824 |
| Average Volume | 51,690,484 |
| Open | 101.30 |
| Previous Close | 100.00 |
| Day's Range | 98.40 - 101.90 |
| 52-Week Range | 94.05 - 205.40 |
| Beta | 0.18 |
| RSI | 48.12 |
| Earnings Date | Nov 27, 2025 |
About Meituan
Meituan operates as a technology driven retail company in the People’s Republic of China, Hong Kong, Macao, Taiwan, and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing. It also sells goods from B2B food distribution services and Meituan grocery; and engages in various businesses, suc... [Read more]
Financial Performance
In 2024, Meituan's revenue was 337.59 billion, an increase of 21.99% compared to the previous year's 276.74 billion. Earnings were 35.81 billion, an increase of 158.43%.
Financial numbers in CNY Financial StatementsNews
Meituan Plans to Raise Up to $14 Billion Through Dim Sum Bonds
Meituan Plans to Raise Up to $14 Billion Through Dim Sum Bonds
Meituan: Margin Normalization Due To End Of The Price War May Result In Valuation Upside
Tencent- and Meituan-Backed Chinese Obesity Drug Maker Sciwind Eyes Hong Kong IPO
Supported by Tencent and Meituan, the biotech aims to launch a targeted GLP-1 drug next year that could challenge established products, but it faces stiff competition Key Takeaways: • Clinical trials ...
HungryPanda steers clear of price wars, prioritises quality and service
HungryPanda, the overseas food delivery platform specialising in Chinese and Asian food, is closely watching the price wars in China between rivals like Meituan and Alibaba Group Holding, a company ex...
Alibaba’s Amap AI feature an instant hit with 400 million users since launch
Alibaba Group Holding said the destination ranking feature in its Amap mapping service has racked up 400 million users since being launched last month, as the tech giant doubles down on efforts to cha...
Alibaba’s Amap hits record 360 million users as ‘golden week’ begins
Amap, Alibaba Group Holding’s answer to Google Maps, saw a record 360 million daily users on the first day of China’s “golden week” National Day holiday, as the company strengthens its local service o...
China's Delivery War Truce? JD and Meituan Jump on Surprise Rulebook Shakeup
China's Delivery War Truce? JD and Meituan Jump on Surprise Rulebook Shakeup
Alibaba-Meituan battle heats up as rivals clash in in-store dining: report
Alibaba Group Holding’s competition with Meituan is expanding from instant commerce into the bricks-and-mortar market, as the Hangzhou-based tech conglomerate prepares to offer discounted in-store din...
Jack Ma Back At Alibaba? What's Going On
Jack Ma has re-emerged at the center of Alibaba Group (NYSE: BABA) as the company intensifies its push into artificial intelligence and revives competition with JD.com (NASDAQ: JD) and Meituan (OTC:...
Hong Kong’s dim sum bond market is on track for record year of issuances
Hong Kong’s offshore yuan bond market is on track for a record-breaking year as some of mainland China’s largest technology firms prepare for deals, underscoring the city’s push to be a fundraising hu...
Immediate gratification: instant commerce transforms China’s retail market
Since April, mainland Chinese consumers have been spoiled for choice, as instant commerce competition brought dazzling promotional subsidies and speedy deliveries right to their doorsteps. Instant com...
Nvidia's China Chip Boom Faces Threat As Beijing Pushes For Homegrown AI
Nvidia (NASDAQ: NVDA) has popularized the accelerators that China should ditch, a top government adviser warned, urging the country to develop domestic chips that enable artificial intelligence. Wei ...
China's State-Driven Stocks, And Its Corporate Wars Abroad
On the surface, a stock market boom in China has little in common with a food delivery turf war in São Paulo. Yet, the state-driven frenzy lifting Chinese stocks and the bare-knuckle brawl between Mei...
Alibaba mobilises merchants on premium Tmall site to join instant commerce drive
Alibaba Group Holding has fired another shot at on-demand delivery giant Meituan, with a campaign that brings merchants from its Tmall business-to-consumer shopping platform onto its Taobao Instant Co...
Meituan rallies staff around expansion plans, job prospects amid delivery war
Meituan CEO Wang Xing is rallying employees around the firm’s instant commerce efforts, overseas expansion and greater social security for delivery workers, more than a week after reporting a sharp fa...
Faster delivery concerns: Quick commerce is worrying China; companies locked in ‘war’
India's retail market is experiencing a rapid transformation with the rise of quick commerce, impacting shopping habits and supply chains. However, in China, a fierce "instant retail" war among tech g...
DeepSeek And Meituan Emerge As China's Boldest AI Challengers
DeepSeek and Meituan (OTC: MPNGY) are emerging as China's strongest contenders in the escalating race to challenge OpenAI , Microsoft (NASDAQ: MSFT), Alibaba (NYSE: BABA), and Tencent (OTC: TCEHY)...
Mixue's Stellar results Fail To Impress Investors
Analysts are calling the leading bubble tea chain's revenue and profit gains unsustainable as its takeout delivery partners pledge to cut back on discounts and vouchers Key Takeaways: Mixue's shares s...
Meituan: Rating Downgrade On Uncertainty With The Ongoing Subsidy War
Chinese delivery giant Meituan releases AI model to take on Alibaba, DeepSeek
On-demand local services giant Meituan has become the latest Chinese Big Tech company to release an open-source large language model (LLM) to market, more than two years after it acquired mainland AI ...
Beijing's Galaxea AI Raises $100 Million At $700 Million Valuation, Says Humanoids Will Enter Homes In Less Than A Decade
Beijing-based Galaxea AI has secured more than $100 million across two new financing rounds, pushing its valuation to $700 million and intensifying the race against Tesla (NASDAQ: TSLA) in humanoid r...
China's era of one-yuan lattes and cheaply delivered meals is cratering
Alibaba, JD.com, Meituan have poured big money into subsidies for their food delivery services, eroding profits and rattling investors.
Meituan shares drop 10% as price war nearly wipes out quarterly profit
Meituan share price has imploded: will it recover or fall further?
Meituan share price imploded today, Aug. 28, reaching its lowest level since September last year. This crash was a continuation of a downtrend that started in October last year, when it peaked at $217...
Meituan's Wang Xing Suffers $1.1 Billion Wealth Dip Due To Subsidy War
Wang Xing, founder of Chinese food delivery leader Meituan, saw his wealth plunge $1.1 billion during morning trading Thursday as his company's Hong Kong-listed shares sank as much as 11.3% after it a...