Meituan (HKG:3690)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
99.65
-2.35 (-2.30%)
Sep 9, 2025, 4:08 PM HKT
-2.30%
Market Cap608.67B
Revenue (ttm)394.99B
Net Income (ttm)32.33B
Shares Out6.11B
EPS (ttm)5.15
PE Ratio19.36
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume148,639,538
Average Volume84,859,248
Open102.00
Previous Close102.00
Day's Range97.10 - 102.00
52-Week Range97.10 - 217.00
Beta0.19
RSI27.82
Earnings DateAug 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]

Founded 2003
Employees 108,900
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

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...

11 hours ago - South China Morning Post

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...

1 day ago - South China Morning Post

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...

1 day ago - The Times of India

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)...

4 days ago - Benzinga

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...

5 days ago - Benzinga

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 ...

7 days ago - South China Morning Post

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...

9 days ago - Benzinga

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.

11 days ago - Business Insider

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...

12 days ago - Invezz

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...

12 days ago - Forbes

Meituan (3690) Faces Profit Decline Amid Intense Competition with Alibaba

Meituan (3690) Faces Profit Decline Amid Intense Competition with Alibaba

12 days ago - GuruFocus

Hong Kong stocks extend decline on Meituan profit slump, Nvidia outlook

Hong Kong stocks fell on Thursday as the price wars in the food delivery and electric vehicle (EV) sectors and AI chipmaker Nvidia’s downbeat outlook weighed on sentiment. The Hang Seng Index dropped ...

12 days ago - South China Morning Post

Meituan reports Q2 results

13 days ago - Seeking Alpha

Meituan sales weaken, profit plummets amid ‘irrational’ delivery price war

Chinese on-demand local services giant Meituan saw second-quarter earnings fall, as it faced off against Alibaba Group Holding and JD.com in a costly instant delivery price war. Beijing-based Meituan ...

13 days ago - South China Morning Post

Meituan Drives To Brazil For Growth, Only To Crash Into Chinese Rival DiDi

The two Chinese internet giants have sued each other in South America's largest nation over unfair competition related to their food delivery businesses Key Takeaways: Meituan and DiDi filed lawsuits ...

13 days ago - Benzinga

Meituan Drives To Brazil For Growth, Only To Crash Into Chinese Rival DiDi

The two Chinese internet giants have sued each other in South America's largest nation over unfair competition related to their food delivery businesses

13 days ago - Benzinga

China's top food delivery firm Meituan misses revenue estimates

China's leading food delivery group Meituan , on Wednesday reported a 11.6% rise in second-quarter revenue missing expectations as it faces increasing competition in the "instant retail" sector.

13 days ago - Reuters

Alibaba Unites Its Empire To Fight Back Against Meituan

Alibaba Group (NYSE: BABA) and its fintech affiliate Ant Group , co-founded by Jack Ma, have launched a unified strategy to take on Meituan (OTC: MPNGY) in China’s instant commerce market . For the ...

20 days ago - Benzinga

Alibaba, Ant combine forces to take on Meituan in instant commerce market

Alibaba Group Holding and its fintech affiliate Ant Group, both co-founded by Jack Ma, have joined forces to create an army of delivery service workers to defeat Meituan in the instant commerce market...

21 days ago - South China Morning Post

Alibaba beats Meituan’s delivery market share, fuelled by subsidies

The daily delivery volume of Alibaba Group Holding briefly surpassed rival Meituan last week after it offered free drinks to customers who ordered through its on-demand service amid the industry’s cut...

4 weeks ago - South China Morning Post

Free drinks fuel delivery wars between Alibaba and Meituan

Shanghai delivery rider Xie Yu was halfway through his shift on Thursday when he realised he would end up with nearly 100 orders for the whole day, double his average number. The reason for the huge s...

4 weeks ago - South China Morning Post