Meituan (HKG:3690)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
162.90
+6.00 (3.82%)
Feb 21, 2025, 4:08 PM HKT
121.93%
Market Cap 966.09B
Revenue (ttm) 357.54B
Net Income (ttm) 35.22B
Shares Out 5.93B
EPS (ttm) n/a
PE Ratio 27.43
Forward PE 17.88
Dividend n/a
Ex-Dividend Date n/a
Volume 85,997,656
Average Volume 58,530,151
Open 158.80
Previous Close 156.90
Day's Range 155.30 - 163.20
52-Week Range 77.15 - 217.00
Beta 0.52
RSI 54.05
Earnings Date Mar 24, 2025

About Meituan

Meituan operates as a technology retail company in the People’s Republic of China. 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, such as Meituan Select, Meituan Instashopping, ride shari... [Read more]

Industry Internet Retail
Founded 2003
Employees 114,731
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 3690
Full Company Profile

Financial Performance

Financial numbers in CNY Financial Statements

News

China’s Ele.me joins Meituan, JD.com in vowing welfare coverage for armies of riders

Amid a labour shift that has pushed millions of jobseekers to online platforms, greater protections are being promised for some temporary workers.

1 day ago - South China Morning Post

Meituan: Global Expansion Ramping Up With Drones And Grocery Delivery

Meituan's Keeta is expanding rapidly in the GCC, leveraging food delivery success to enter grocery delivery and quick commerce, driving higher e-commerce penetration. Investment in drone technology is...

5 weeks ago - Seeking Alpha

Meituan to end late delivery penalty amid regulatory crackdown on algorithm misuse

The shift is part of the changes to the company’s overarching algorithms that determine a series of operational procedures for its couriers.

7 weeks ago - South China Morning Post

China’s food delivery platforms enforce breaks for riders clocking more gig economy hours

Meituan and Ele.me are using ‘fatigue management’ systems in several cities, halting orders after 12-hour days, as work climbs in slowing economy.

2 months ago - South China Morning Post

Walmart Teams Up With China's Meituan to Boost E-Commerce

On Tuesday, Walmart Inc (NYSE: WMT) said it has tapped Meituan (OTC: MPNGF) (OTC: MPNGY) for its e-commerce delivery services in China. The retailer’s goods will be available on the Chinese deliver...

2 months ago - Benzinga

Walmart partners with China’s Meituan for 30-minute deliveries ‘anytime, anywhere’

The world’s largest retailer is partnering up with another Chinese tech firm four months after dumping its stake in JD.com.

2 months ago - South China Morning Post

Walmart Collaborates With Meituan to Boost China E-Commerce Sales

The U.S. retail giant has formed a strategic partnership with Meituan, and its goods will be available on the Chinese delivery company’s app.

2 months ago - The Wall Street Journal

Walmart Collaborates With Meituan to Boost China E-Commerce Sales

The U.S. retail giant has formed a strategic partnership with Meituan, and its goods will be available on the Chinese delivery company's app.

2 months ago - WSJ

Walmart teams up with delivery firm Meituan in bid to boost China e-commerce sales

The move will help Walmart accelerate its e-commerce business in China, which accounts for nearly half of its sales in the country, Walmart's China unit said in a Wechat post.

2 months ago - Zawya

Walmart partners with delivery firm Meituan in China

Walmart China announced on Tuesday it has entered into a new strategic partnership with China's biggest food delivery company Meituan.

2 months ago - Reuters

China’s Meituan to expand Keeta food delivery service to more Middle East cities, sources say

Wang Xing, founder and CEO of Meituan, said last week that the company has seen some ‘encouraging results’ in Saudi Arabia.

2 months ago - South China Morning Post

Meituan (MPNGF) Q3 2024 Earnings Call Highlights: Record Revenue and Profit Surge Amid ...

Meituan (MPNGF) Q3 2024 Earnings Call Highlights: Record Revenue and Profit Surge Amid Strategic Expansion

2 months ago - GuruFocus

Q3 2024 Meituan Earnings Call Transcript

Q3 2024 Meituan Earnings Call Transcript

2 months ago - GuruFocus

Meituan's Profit Triples as Revenue Grows Despite Competition

The Chinese food-delivery giant's profit more than tripled in the third quarter as revenue jumped.

3 months ago - WSJ

Meituan's Profit Triples as Revenue Grows Despite Competition

The Chinese food-delivery giant’s profit more than tripled in the third quarter as revenue jumped.

3 months ago - The Wall Street Journal

Meituan’s revenue soars 22% as demand for discounted meals boosts local commerce

The Chinese food delivery giant’s revenue for the September quarter reached 93.6 billion yuan.

3 months ago - South China Morning Post

Chinese food delivery giant Meituan beats quarterly revenue estimates

China's largest food delivery firm Meituan posted a bigger-than-expected 22.4% rise in third-quarter revenue on Friday, defying sluggish Chinese consumption.

3 months ago - Reuters

Meituan, Chow Tai Fook Earnings to Offer Clues on China Consumer Sentiment

Meituan and Chow Tai Fook Jewellery Group Ltd.’s earnings should reveal how China’s consumer market is shaping up, with sentiment weighed down by a slow economic recovery, prolonged property woes and ...

3 months ago - BNN Bloomberg

Meituan aims to launch drone deliveries in Hong Kong’s low-altitude economy

The meal delivery giant joins a slew of Chinese tech giants vying for new growth in Hong Kong.

3 months ago - South China Morning Post

China's Tech Giants Alibaba, ByteDance, And Meituan Are Expanding Their Silicon Valley AI Footprints Amid US Efforts To Block Progress: Here's Why

China’s leading tech firms, Alibaba (NYSE: BABA), ByteDance , and Meituan (OTC: MPNGY) (OTC: MPNGF), are reportedly expanding their AI teams in Silicon Valley. What Happened : These Chinese tech gi...

3 months ago - Benzinga

Chinese tech groups build AI teams in Silicon Valley

Alibaba, ByteDance and Meituan seek to poach top talent from US rivals despite Washington’s chip curbs

3 months ago - Financial Times