Meituan (HKG:3690)
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]
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 StatementsNews

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...

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...

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...

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 ...

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 ...

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...
Meituan (MPNGY) Q1 2025 Earnings Call Transcript
Meituan Profit Soars as Revenue Beats Estimates Despite Rising Competition

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...

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 ...
Meituan: Capturing Brazil's Food Delivery Goldmine With Keeta

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.

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.

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.

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...

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'...

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.

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 ...

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.

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.

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.

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.

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.

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 ...

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.