Meituan (HKG: 3690)
Hong Kong
· Delayed Price · Currency is HKD | Market Cap | 1.15T |
| Revenue (ttm) | 328.46B |
| Net Income (ttm) | 24.21B |
| Shares Out | 5.93B |
| EPS (ttm) | 3.73 |
| PE Ratio | 51.91 |
| Forward PE | 22.48 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 68,711,009 |
| Open | 193.20 |
| Previous Close | 184.40 |
| Day's Range | 189.70 - 200.00 |
| 52-Week Range | 61.10 - 217.00 |
| Beta | 0.57 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 28, 2024 |
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]
News
Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending
Major online platforms for dining and travel-booking services recorded increased expenditure by mainland consumers during the annual holiday.
Meituan co-founder cashes out US$44.3 million amid Chinese stock rally
Mu Rongjun, an executive director of the on-demand delivery firm, sold the shares after a 240 per cent price rally since a February low.
Meituan stock price has surged: technicals point to a 50% surge
Meituan's stock price has staged a strong comeback as investors embraced a risk-on sentiment. It soared to a high of H$176.5 on Monday, its highest swing since January 2023.
3-Stock Lunch: Wynn Resorts, Hermes & Meituan
Michael Landsberg, CIO of Landsberg Bennett Private Wealth, joins CNBC's 'Power Lunch' to discuss three stocks: Wynn Resorts, Hermes, and Meituan.
3-Stock Lunch: Wynn Resorts, & Meituan
Michael Landsberg, CIO of Landsberg Bennett Private Wealth, joins CNBC's 'Power Lunch' to discuss three stocks: Wynn Resorts, Hermes, and Meituan.
China stocks rally on Beijing stimulus plan news
Chinese stocks (BABA, BIDU, TCEHY, MPNGY, JD) are building on this week's rally following the announcement of Beijing's economic stimulus plan. Akiko Fujita joins Morning Brief to break down the stimu...
Alibaba, JD and Meituan Surge After China Stimulus Announcement
Alibaba Group Holding Ltd., JD.com Inc. and Meituan enjoyed their best trading days in years after the Chinese government announced measures to stimulate the troubled domestic economy.
China's Meituan aims to raise up to $2 bln in dollar bond deal, sources say
China's Meituan is aiming to raise up to $2 billion in a 3.5- and 5-year dollar bond deal, according to two sources with direct knowledge of the matter and a term sheet seen by Reuters on Tuesday.
Meituan Plans Dollar Bond After Ratings Upgrade, Strong Results
Chinese food delivery giant Meituan is planning to issue dollar bonds to refinance its offshore debt, the company said in a filing.
China’s food delivery giant Meituan says its riders out-earn the average worker in Beijing
A new report by the company portrays gig employment as an alternative for people in between full-time jobs.
Meituan’s 63% Stock Surge Faces Risks in China Consumer Malaise
Meituan’s strategy to focus on lower prices has helped the Chinese food delivery company beat sales targets even as the slowing economy drags peers. Investors are now wondering whether its steep share...
Chinese on-demand services giant Meituan’s delivery workers earn US$11 billion in 2023: CEO
CEO Wang Xing’s internal announcement reflects Meituan’s efforts to address mainland policymakers’ concerns over the welfare of gig workers.
Alibaba to benefit more from cross-border link, trading history of Tencent, Meituan shows
Tencent gained 23 per cent in the six months after joining Stock Connect, while Meituan and Xiaomi more than doubled over 12 months.
EXCLUSIVE: AI In China — The Sleeping Giant Awakens? KraneShares Strategist Says We Should Be Paying Attention
While the world focuses on Silicon Valley, one investment strategist is taking heed of China’s bold moves in the artificial intelligence space . What Happened : Derek Yan , a senior investment strateg...
Chinese food delivery giant Meituan brings Keeta app to Saudi Arabia in overseas foray
The Beijing-based company has introduced its food ordering app Keeta in Al-Kharj, ahead of an expected launch in the capital, Riyadh.
Meituan: Sound Fundamentals Despite A Weak Macro Backdrop
Meituan's robust growth is driven by strong fundamentals and potential macroeconomic recovery. Read my earnings analysis of MPNGF stock here.
Meituan delivered another solid quarter, with profit more than doubling despite stiff competition in the Chinese delivery market.
Meituan delivered another solid quarter, with profit more than doubling despite stiff competition in the Chinese delivery market.
Meituan (MPNGF) Q2 2024 Earnings Call Transcript
Meituan (OTCPK:MPNGF) Q2 2024 Earnings Conference Call August 28, 2024 7:00 AM ETCompany ParticipantsScarlett Xu - VP and Head-Capital MarketsXing Wang -...
Meituan reports robust revenue, profit growth in second quarter on ‘value for money’ approach
China’s largest on-demand service provider Meituan reported a 21 per cent jump in second-quarter revenue, bolstered by growth in its core local commerce operations.
Meituan More Than Doubles Profit Despite Tough Competition
The shopping-and-delivery platform delivered another solid quarter, with profit more than doubling despite stiff competition in the Chinese delivery market.
Chinese food delivery giant Meituan beats revenue estimates
Chinese food delivery giant Meituan posted a bigger than expected 21% rise in second-quarter revenue on Wednesday, defying a slowing Chinese economy.
Relief is on the way for hot, hungry trekkers on the Great Wall of China: 5-minute deliveries by drone
Market leader Meituan has launched a service that flies food, drink, medicines and other parcels from a nearby hotel rooftop to one of the ancient wall’s watchtowers.
China's version of UberEats says it now delivers snacks to the Great Wall for 56 cents using drones
Food delivery giant Meituan has launched delivery drones to the tourist destination, as the country tries to boosts its "low-altitude economy."
NetEase, Baidu, Meituan hurt Hong Kong stocks, put third weekly gain in doubt
Hang Seng Index trades lower after pullback on Wall Street and disappointing earnings by Chinese blue chips.
Meituan launches 30-minute delivery services for home appliances in China in Midea deal
The food delivery giant is tapping into China’s growing on-demand e-commerce market by offering a wider variety of products.