Meituan (HKG:3690)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
121.60
-5.80 (-4.55%)
Jul 31, 2025, 4:08 PM HKT
-4.55%
Market Cap777.79B
Revenue (ttm)376.19B
Net Income (ttm)43.42B
Shares Out6.11B
EPS (ttm)n/a
PE Ratio17.91
Forward PE18.05
Dividendn/a
Ex-Dividend Daten/a
Volume96,061,772
Average Volume58,129,501
Open123.50
Previous Close127.40
Day's Range120.50 - 123.60
52-Week Range100.10 - 217.00
Beta0.35
RSI39.13
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 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

Party's Over: China Tells Alibaba, Meituan, JD To Stop Bleeding

On Friday, China’s State Administration for Market Regulation (SAMR) called upon three of the country’s leading food delivery platforms: Alibaba Group’s (NYSE: BABA) Ele.me, Meituan (OTC: MPNGY), an...

10 days ago - Benzinga

Here's why the Meituan share price is rising today

Meituan share price rose by over 2.75% on Monday to H$133.4, up from the year-to-date low of H$116.2. It has now crashed by nearly 40% from last year's high of H$216.

10 days ago - Invezz

China’s market regulator summons Alibaba, Meituan, JD amid delivery war

China’s State Administration for Market Regulation (SAMR) on Friday summoned major online food delivery platforms – Alibaba Group Holding’s Ele.me, Meituan, and JD.com – urging them to engage in “rati...

12 days ago - South China Morning Post

Meituan Cries 'Irrational!' As Alibaba Escalates Delivery Battle

Alibaba Group (NYSE: BABA) escalated China’s instant delivery price war by launching a massive 50 billion Chinese yuan subsidy program for consumers and merchants on its Taobao Shangou platform, inte...

12 days ago - Benzinga

Meituan executive bemoans ‘irrational’ price war with Alibaba, JD.com

A Meituan executive said the company had no choice but to join the latest round of what he called “irrational competition” against rivals JD.com and Alibaba Group Holding in China’s instant delivery s...

14 days ago - South China Morning Post

Alibaba Intensifies Instant Delivery Fight With New Campaign

Chinese e-commerce juggernaut Alibaba Group Holding (NYSE: BABA) is intensifying its efforts in China’s fiercely competitive instant delivery market by launching a new 100-day Super Saturdays campaig...

15 days ago - Benzinga

Alibaba’s ‘Super Saturdays’ event to heat up China’s on-demand delivery market

Alibaba Group Holding will roll out a programme called “Super Saturdays” over the next 100 days to lure more consumers to its platform, while escalating a price war against Meituan and JD.com in the m...

15 days ago - South China Morning Post

China’s ecommerce giants battle for instant delivery crown

JD.com and Alibaba are luring shoppers with discounts in push to grab market share from rival Meituan

16 days ago - Financial Times

Alibaba Bleeds Billions As Delivery Price War Erases $100 Billion In Market Value

Alibaba Group Holding (NYSE: BABA) matched its record of 80 million on-demand deliveries on Saturday, intensifying its competition with Meituan (OTC: MPNGF) (OTC: MPNGY) and JD.com (NASDAQ: JD) in...

17 days ago - Benzinga

Alibaba delivers 80 million orders in 1 day amid price war

Alibaba Group Holding tied its own record of 80 million on-demand deliveries on Saturday, the e-commerce giant reported on Monday, as it wages an all-out battle against rivals Meituan and JD.com in Ch...

17 days ago - South China Morning Post

Meituan’s daily orders hit record 150 million amid rivalry with JD.com, Alibaba

Meituan, mainland China’s top on-demand delivery giant, said on Sunday that daily orders on its platform have surged to another all-time high – a sign that the company has managed to fend off competit...

18 days ago - South China Morning Post

Chinese AI stocks to extend DeepSeek-driven run, analysts say

Chinese artificial intelligence (AI) stocks are expected to defy a slowdown across industries, as the mainland relies on the technology to boost business efficiency and revive economic growth, accordi...

21 days ago - South China Morning Post

JD.com’s US$1.4 billion plan heats up delivery battle with Meituan, Alibaba

JD.com has pledged more than 10 billion yuan (US$1.4 billion) under its ambitious “Double Hundred Plan” to support so-called benchmark brands across various categories, further heating up China’s on-d...

21 days ago - South China Morning Post

Alibaba's Delivery Ambition Sets Stage For China's Epic Clash Of Giants

Alibaba Group Holding (NYSE: BABA) reported a sharp rise in on-demand delivery transactions , with combined daily orders on its platforms, Taobao Instant Commerce and Ele.me, reaching 80 million. Thi...

23 days ago - Benzinga

Taobao’s daily orders soar as China’s instant e-commerce war heats up

Alibaba Group Holding is seeing a rapid acceleration in the volume of on-demand delivery transactions, the latest sign of growing rivalry with Meituan and JD.com in China’s instant e-commerce market. ...

23 days ago - South China Morning Post

Meituan captures record orders as e-commerce war fuels demand for delivery

Meituan said daily transaction volume on its dominant on-demand delivery reached an all-time high since its inception in 2010, briefly crashing its platform as online purchases surged amid a fresh rou...

25 days ago - South China Morning Post

Alibaba’s US$7 billion subsidy deepens China’s instant shopping battle

Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion yuan (US$7 billion) over the next 12 months for both consumers and merchant...

4 weeks ago - South China Morning Post

Alibaba Absorbs Ele.me Escalating Retail War With Meituan And JD.com

The merger of its Ele.me service with its core e-commerce business marks a new stage in the e-commerce giant's three-way "on-demand retail wars" with Meituan and JD.com Key Takeaways: Alibaba has shut...

4 weeks ago - Benzinga

Alibaba Absorbs Ele.me Escalating Retail War With Meituan And JD.com

The merger of its Ele.me service with its core e-commerce business marks a new stage in the e-commerce giant's three-way "on-demand retail wars" with Meituan and JD.com

4 weeks ago - Benzinga

China's Food Delivery War Heats Up As JD.com Recruits Thousands Of Full-Time Riders

JD.com (NASDAQ: JD) has begun recruiting full-time meal delivery riders through JD Logistics, stepping up its competition with Meituan (OTC: MPNGY) and Alibaba Group Holding (NYSE: BABA) in China’s...

5 weeks ago - Benzinga

JD.com hires full-time food delivery riders to challenge Meituan, Alibaba

JD Logistics has kicked off recruitment of full-time meal delivery riders, as its parent – e-commerce giant JD.com – intensifies efforts to compete with Meituan and Alibaba Group Holding in the lucrat...

5 weeks ago - South China Morning Post

Alibaba Integrates Ele.me And Fliggy Into Core Business To Battle Rivals In Delivery War

Alibaba Group Holding (NASDAQ: BABA) is merging its food delivery platform Ele.me and online travel agency Fliggy into its core e-commerce business. The restructuring signifies Alibaba’s strategic re...

5 weeks ago - Benzinga

Meituan keeps tight grip on 70% of food delivery market in China, report says

Meituan, the Chinese on-demand delivery giant, is maintaining a steady hold on its 70 per cent market share in domestic food delivery, despite intensifying competition from JD.com and Alibaba Group Ho...

6 weeks ago - South China Morning Post

JD.com takes its Meituan rivalry to Saudi Arabia with express delivery service

Chinese e-commerce giant JD.com is extending its deep-seated rivalry with Meituan to Saudi Arabia, launching a self-operated courier service in the country as it extends its footprint in the Middle Ea...

6 weeks ago - South China Morning Post