Meituan (HKG:3690)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
158.50
-7.20 (-4.35%)
Mar 25, 2025, 4:08 PM HKT
79.60%
Market Cap 993.17B
Revenue (ttm) 359.26B
Net Income (ttm) 38.11B
Shares Out 5.99B
EPS (ttm) 6.02
PE Ratio 27.51
Forward PE 18.73
Dividend n/a
Ex-Dividend Date n/a
Volume 43,891,602
Average Volume 50,521,078
Open 162.90
Previous Close 165.70
Day's Range 158.10 - 163.00
52-Week Range 90.40 - 217.00
Beta 0.55
RSI 43.04
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

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 Statements

News

Hong Kong stocks trade sideways as Trump tariffs loom; Meituan, Sinopec top losers

Lack of catalysts keeps traders on the sidelines; all eyes on BYD, which reports its earnings later in the day.

1 day ago - South China Morning Post

Meituan reports FY results

Discover how Meituan (MPNGF) achieved FY net profit of RMB43.77B with a 22% revenue increase to RMB337.6B.

3 days ago - Seeking Alpha

Meituan joins China's AI spending race, says investing 'billions' in chips

Wang Xing, CEO of China's largest food delivery firm Meituan , said on Friday in a post-earnings call that the company is pouring "billions" into chips used to train AI models, with more investment pl...

3 days ago - Reuters

Meituan (03690.HK) Reports Strong Growth in Q4 and Full-Year 2024 Financial Results

Meituan (03690.HK) Reports Strong Growth in Q4 and Full-Year 2024 Financial Results

4 days ago - GuruFocus

Meituan Nearly Triples Profit Despite Competition

Chinese food-delivery giant Meituan continued its run of strong earnings even as it faces fierce competition and a weaker Chinese economy.

4 days ago - WSJ

China's biggest food delivery firm Meituan's Q4 revenue in line with estimates

China's largest food delivery firm Meituan posted on Friday a fourth-quarter revenue that was largely in line with estimates, amid sluggish Chinese consumption.

4 days ago - Reuters

E-Commerce and AI drive big gains in Chinese tech stocks

As investors grapple with an end to US exceptionalism, KraneShares CIO Brendan Ahern shares his top Chinese stock picks — including some of the "lesser known" names — with Catalysts host Madison Mills...

6 days ago - Yahoo Finance

Meituan: Accelerating Global Expansion, Keeta Strengthens Market Leadership

Meituan's Keeta is set to dominate Hong Kong's food delivery market, capturing over 50% market share following Deliveroo's exit. Keeta's success in Hong Kong validates the Company's global growth pote...

11 days ago - Seeking Alpha

Weibo Ad Revenue And MAUs Drop In Q4, Stock Slides

Weibo Corp (NASDAQ: WB) reported a fiscal fourth-quarter revenue decline of 1% year-on-year to $456.83 million, beating the analyst consensus estimate of $437.87 million. The Chinese microblogging soc...

11 days ago - Benzinga

Alibaba Unveils New AI-Powered App With Chatbot, Image Generation, And Task Automation

On Thursday, Alibaba Group Holding (NYSE: BABA) introduced a new version of its artificial intelligence assistant mobile app Quark, incorporating its latest in-house model . Quark marks Alibaba's deb...

11 days ago - Benzinga

Alibaba, Grab, Tencent, Meituan Gear Up For Growth As China Bets On Services To Revive Economy

China’s Minister of Commerce on Tuesday stated at the Third Session of the 14th National People’s Congress that consumption remains the primary driver of economic growth. Service consumption has maint...

12 days ago - Benzinga

Alibaba, Grab, Tencent, Meituan Gear Up For Growth As China Bets On Services To Revive Economy

China's Minister of Commerce on Tuesday stated at the Third Session of the 14th National People's Congress that consumption remains the primary driver of economic growth. Service consumption has maint...

12 days ago - Benzinga

Alibaba Soars 7% On AI Push As China Pledges To 'Vigorously Boost' Spending — Hang Seng Reaches 2-Year High

Hong Kong stocks surged Thursday morning, with the Hang Seng Index climbing 2.5% to 24,183.07, reaching its highest level since January 2022 and extending its year-to-date gains to 23.37%. What Happen...

19 days ago - Benzinga

Huawei teases HarmonyOS Next smartphone with ‘new form factor’ as related stocks jump

Tencent, ByteDance, Alibaba and Meituan are all optimising their apps for the coming device, according to Huawei executive Richard Yu.

27 days ago - South China Morning Post

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.

4 weeks ago - South China Morning Post

Meituan: Capturing The Lens Of Opportunity

5 weeks ago - Seeking Alpha

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...

2 months 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.

3 months 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.

3 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...

3 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.

3 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.

3 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.

3 months ago - WSJ