Meituan (HKG: 3690)
Hong Kong
· Delayed Price · Currency is HKD | Market Cap | 1.04T |
| Revenue (ttm) | 328.46B |
| Net Income (ttm) | 24.21B |
| Shares Out | 5.93B |
| EPS (ttm) | 3.73 |
| PE Ratio | 46.84 |
| Forward PE | 20.58 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,104,129 |
| Open | 174.80 |
| Previous Close | 174.80 |
| Day's Range | 172.10 - 175.90 |
| 52-Week Range | 61.10 - 217.00 |
| Beta | 0.57 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 28, 2024 |
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]
News
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.
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...
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
Meituan (03690) Sees Potential 40% Stock Surge, Says Morgan Stanley
Meituan (03690) Sees Potential 40% Stock Surge, Says Morgan Stanley
China Silences Car Attack Mourners, Vows Tighter Grip on Society
By Wednesday afternoon, an eerie quiet hung over the site of China’s deadliest known act of civilian violence in years. As traffic flowed freely past the now-deserted Zhuhai Sports Center Stadium, a y...
China Silences Car Attack Mourners, Vows Tighter Grip on Society
By Wednesday afternoon, an eerie quiet hung over the site of China’s deadliest known act of civilian violence in years. As traffic flowed freely past the now-deserted Zhuhai Sports Center Stadium, a y...
Meituan co-founder Wang Huiwen returns to lead AI push after hiatus, report says
After selling his AI start-up Light Year to Meituan last year, Wang has reportedly returned to lead the company’s AI efforts.
Meituan: Riding On Keeta To Driver Overseas Growth
Meituan's Keeta expansion into overseas markets, particularly Hong Kong and Saudi Arabia, offers a new revenue stream amid China's economic slowdown. Leveraging big data and efficient delivery, Keeta ...
Trump's Rising Election Odds Sends Emerging Markets Into Tailspin, Causes Biggest Stock Drop In 10 Months
The odds of a Donald Trump victory seem to be having a significant impact on emerging market stocks, which are seeing their worst monthly drop since January . What Happened : The potential implementat...
Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending
Major online platforms for dining and travel-booking services recorded increased expenditure by mainland consumers during the annual holiday.
Meituan co-founder cashes out US$44.3 million amid Chinese stock rally
Mu Rongjun, an executive director of the on-demand delivery firm, sold the shares after a 240 per cent price rally since a February low.
Meituan stock price has surged: technicals point to a 50% surge
Meituan's stock price has staged a strong comeback as investors embraced a risk-on sentiment. It soared to a high of H$176.5 on Monday, its highest swing since January 2023.
3-Stock Lunch: Wynn Resorts, Hermes & Meituan
Michael Landsberg, CIO of Landsberg Bennett Private Wealth, joins CNBC's 'Power Lunch' to discuss three stocks: Wynn Resorts, Hermes, and Meituan.
3-Stock Lunch: Wynn Resorts, & Meituan
Michael Landsberg, CIO of Landsberg Bennett Private Wealth, joins CNBC's 'Power Lunch' to discuss three stocks: Wynn Resorts, Hermes, and Meituan.
China stocks rally on Beijing stimulus plan news
Chinese stocks (BABA, BIDU, TCEHY, MPNGY, JD) are building on this week's rally following the announcement of Beijing's economic stimulus plan. Akiko Fujita joins Morning Brief to break down the stimu...
Alibaba, JD and Meituan Surge After China Stimulus Announcement
Alibaba Group Holding Ltd., JD.com Inc. and Meituan enjoyed their best trading days in years after the Chinese government announced measures to stimulate the troubled domestic economy.
China's Meituan aims to raise up to $2 bln in dollar bond deal, sources say
China's Meituan is aiming to raise up to $2 billion in a 3.5- and 5-year dollar bond deal, according to two sources with direct knowledge of the matter and a term sheet seen by Reuters on Tuesday.
Meituan Plans Dollar Bond After Ratings Upgrade, Strong Results
Chinese food delivery giant Meituan is planning to issue dollar bonds to refinance its offshore debt, the company said in a filing.
China’s food delivery giant Meituan says its riders out-earn the average worker in Beijing
A new report by the company portrays gig employment as an alternative for people in between full-time jobs.
Meituan’s 63% Stock Surge Faces Risks in China Consumer Malaise
Meituan’s strategy to focus on lower prices has helped the Chinese food delivery company beat sales targets even as the slowing economy drags peers. Investors are now wondering whether its steep share...
Chinese on-demand services giant Meituan’s delivery workers earn US$11 billion in 2023: CEO
CEO Wang Xing’s internal announcement reflects Meituan’s efforts to address mainland policymakers’ concerns over the welfare of gig workers.
Alibaba to benefit more from cross-border link, trading history of Tencent, Meituan shows
Tencent gained 23 per cent in the six months after joining Stock Connect, while Meituan and Xiaomi more than doubled over 12 months.
EXCLUSIVE: AI In China — The Sleeping Giant Awakens? KraneShares Strategist Says We Should Be Paying Attention
While the world focuses on Silicon Valley, one investment strategist is taking heed of China’s bold moves in the artificial intelligence space . What Happened : Derek Yan , a senior investment strateg...
Chinese food delivery giant Meituan brings Keeta app to Saudi Arabia in overseas foray
The Beijing-based company has introduced its food ordering app Keeta in Al-Kharj, ahead of an expected launch in the capital, Riyadh.
Meituan: Sound Fundamentals Despite A Weak Macro Backdrop
Meituan's robust growth is driven by strong fundamentals and potential macroeconomic recovery. Read my earnings analysis of MPNGF stock here.