Meituan (HKG:3690)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
132.10
+2.70 (2.09%)
May 27, 2025, 4:08 PM HKT
13.59%
Market Cap 806.86B
Revenue (ttm) 376.19B
Net Income (ttm) 43.42B
Shares Out 6.11B
EPS (ttm) n/a
PE Ratio 18.58
Forward PE 18.16
Dividend n/a
Ex-Dividend Date n/a
Volume 92,685,655
Average Volume 52,340,233
Open 123.00
Previous Close 129.40
Day's Range 122.30 - 132.40
52-Week Range 100.10 - 217.00
Beta 0.48
RSI 43.06
Earnings Date May 29, 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]

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

Delivery war: Alibaba vies for Meituan’s on-demand throne in China

Chinese e-commerce giants Alibaba Group Holding, Meituan and JD.com are intensifying their costly rivalry in the on-demand fast-delivery sector, with each touting significant gains in user base and or...

7 hours ago - South China Morning Post

Fact-Check: No, OpenAI's ChatGPT Plus Isn't Free For All UAE Residents

Some news headlines and social media chatter have stirred excitement—and confusion—over whether all UAE residents now get free access to ChatGPT Plus as part of OpenAI's latest expansion. What Happene...

10 hours ago - Benzinga

Meituan And JD Shares Have Bled $100 Billion In Market Value Since Late 2024 — China's Food Delivery Wars Are Thinning Out Its Tech Giants

China's Meituan (OTC: MPNGY) and JD.com (NASDAQ: JD) have experienced a major selloff, triggered by the battle to win the food delivery war in the country, resulting in the loss of over $100 billion...

12 hours ago - Benzinga

China's retail & delivery space facing 'overcapacity', eating into profits: Blue Lotus

Eric Wen, CEO of Blue Lotus Research Institute, discusses China's crowded food delivery & e-commerce market on the back of Meituan earnings, as well as the part both regulation and consumer sentiment ...

12 hours ago - CNBC

Hong Kong stocks extend drop as BYD, Meituan pace losses amid competition

Hong Kong stocks erased gains amid concerns that escalating competition among China’s leading carmakers and e-commerce operators will hurt margins and prompt investors to retreat. The Hang Seng Index ...

16 hours ago - South China Morning Post

Meituan share price has crashed, and JD.com is partly to blame

Meituan share price has continued falling in Hong Kong this month as concerns about competition in China's food delivery industry continued. After peaking at H$217 in October last year, it has plunged...

17 hours ago - Invezz

Meituan revenue jumps 18% in first quarter

Chinese on-demand local services giant Meituan posted an 18.1 per cent year-on-year surge in revenue for the first quarter, as it seeks to maintain its dominant position on the mainland in the food de...

1 day ago - South China Morning Post

Chinese food delivery giant Meituan beats quarterly revenue expectations

China's leading food delivery group Meituan on Monday reported a bigger-than-expected 18.1% rise in quarterly revenue as it targeted cost-conscious Chinese consumers with value-for-money products and ...

1 day ago - Reuters

Beijing summons JD.com, Meituan, Alibaba’s Ele.me as food delivery feud heats up

Five government agencies, led by the State Administration for Market Regulation, urged the instant commerce giants to follow competition regulation.

13 days ago - South China Morning Post

JD.com hails ‘substantial progress’ in food delivery as it takes on Meituan and Alibaba

JD.com's profit rose to 10.9 billion yuan in Q1 despite a costly initiative to waive delivery fees this year in an attempt to grab market share.

14 days ago - Fortune

China’s Meituan to bring Keeta food delivery service to Brazil after Saudi Arabia launch

Brazilian President Luiz Inácio Lula da Silva presided over the deal-signing event in Beijing.

14 days ago - South China Morning Post

Alibaba Accelerates Taobao Instant Commerce Launch, Heats Up Rivalry With JD.com, Meituan

In a strategic move, Alibaba Group Holding (NYSE: BABA) has advanced the rollout of its rapid-delivery service, Taobao Instant Commerce. This accelerates the rivalry with JD.com (NASDAQ: JD)and Meit...

25 days ago - Benzinga

Quhuo's Transformation Story Hits Speed Bump Amid China Slowdown

The company is moving away from its original business of providing takeout dining drivers, but revenue for most of its major new initiatives contracted in the second half of 2024 Key Takeaways: Quhuo'...

25 days ago - Benzinga

Alibaba launches Taobao fast-delivery service ahead of time to challenge JD.com, Meituan

The early introduction of the service reflects heightened domestic demand for efficient and affordable delivery of goods ordered online.

25 days ago - South China Morning Post

Alibaba Launches 'Instant Commerce' Rapid-Delivery To Compete With Chinese E-Commerce Rivals

Alibaba Group Holding Ltd. (NYSE: BABA) launched a new rapid-delivery feature on its Taobao shopping platform on Wednesday to compete in China's fast-growing on-demand delivery market against rivals ...

27 days ago - Benzinga

Alibaba gives Taobao on-demand delivery an upgrade in Meituan, JD.com competition

Food delivery service Ele.me is handling orders for Taobao Instant Commerce as e-commerce giants compete on speed.

27 days ago - South China Morning Post

Battle of billionaires: China’s food delivery market faces shake up as JD takes on Meituan

The fight escalated this week as both companies accused each other of blocking delivery riders from accepting orders from rival platforms.

4 weeks ago - South China Morning Post

Meituan: Fundamentals Intact Amid JD's On-Demand Ambitions

Meituan stock dipped 20% after JD's food delivery entry. Click to read if MPNGY is holding up to challenges presented by the new entrant.

4 weeks ago - Seeking Alpha

JD.com’s delivery clash with Meituan may worsen $70 billion rout

Analysts are cutting price target for both stocks as the two Chinese tech giants battle to steal each other's market share.

4 weeks ago - Fortune

JD.com’s billionaire founder delivers food in publicity stunt to challenge Meituan

The move reflects the e-commerce giant’s commitment to expanding its recently launched food delivery business, analysts say.

5 weeks ago - South China Morning Post

JD.com Accuses Rivals Of Sabotaging Its Takeaway Service, Plans Major Expansion

Chinese e-commerce giant JD.com Inc (NASDAQ: JD) has alleged rival platforms of forcibly persuading couriers to ditch JD Takeaway service, Reuters reported, citing the company’s social media post on ...

5 weeks ago - Benzinga

JD.com vs Meituan: accusations of monopolistic practices arise in food delivery rivalry

In a public letter, JD.com accused a ‘rival platform’ of preventing delivery riders from using multiple platforms, for which Meituan was fined in 2021.

5 weeks ago - South China Morning Post