Meituan (HKG:3690)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
146.80
+0.90 (0.62%)
Apr 15, 2025, 4:08 PM HKT
43.78%
Market Cap 879.89B
Revenue (ttm) 359.26B
Net Income (ttm) 38.11B
Shares Out 5.99B
EPS (ttm) 6.02
PE Ratio 24.37
Forward PE 17.13
Dividend n/a
Ex-Dividend Date n/a
Volume 24,249,199
Average Volume 44,801,614
Open 146.50
Previous Close 145.90
Day's Range 143.90 - 147.30
52-Week Range 92.40 - 217.00
Beta 0.56
RSI 41.80
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

Chinese internet giants Meituan, JD.com help tariff-hit exporters pivot to domestic market

Meituan said it would actively heed the central government’s call to bolster domestic demand and consumption.

1 day ago - South China Morning Post

Hongkongers fuel Chinese app Keeta’s dominance in city’s food delivery market

A week after Deliveroo announced its exit from the Hong Kong market in March, restaurant owner Chris Chow received an ultimatum from Keeta, a food delivery platform backed by Chinese retail giant Meit...

2 days ago - Hong Kong Free Press

Forget the Mag 7. The ‘Terrific 10' Are the Tech Bet for 2025.

Nvidia NVDA-5.74%, Tesla TSLA-5.58%, and the rest of Big Tech are having a rough go of it, while China's Terrific 10— Alibaba 9988+0.46%, Tencent 700+0.49%, Meituan 3690+1.81%, Xiaomi 1810-4.17%, JD.c...

19 days ago - Market Watch

Singapore's Grab Eyes $2 Billion Loan To Finance $7 Billion GoTo Deal

On Wednesday, Uber Technologies, Inc (NYSE: UBER) Singaporean rival Grab Holdings (NASDAQ: GRAB) discussed raising a loan of up to $2 billion to back its potential takeover of Indonesian rival GoTo ...

20 days ago - Benzinga

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.

22 days 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.

25 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...

25 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

25 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.

25 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.

25 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

5 weeks 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.

6 weeks 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.

7 weeks ago - South China Morning Post

Meituan: Capturing The Lens Of Opportunity

2 months 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...

3 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.

4 months ago - South China Morning Post