Meituan (MPNGY)
Market Cap | 80.51B |
Revenue (ttm) | 50.32B |
Net Income (ttm) | 4.12B |
Shares Out | n/a |
EPS (ttm) | 0.66 |
PE Ratio | 19.55 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 422,152 |
Average Volume | 526,667 |
Open | 26.53 |
Previous Close | 26.52 |
Day's Range | 26.40 - 26.84 |
52-Week Range | 26.04 - 56.75 |
Beta | 0.34 |
RSI | 28.12 |
Earnings Date | Aug 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]
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
China's era of one-yuan lattes and cheaply delivered meals is cratering
Alibaba, JD.com, Meituan have poured big money into subsidies for their food delivery services, eroding profits and rattling investors.
Meituan shares drop 10% as price war nearly wipes out quarterly profit

Meituan share price has imploded: will it recover or fall further?
Meituan share price imploded today, Aug. 28, reaching its lowest level since September last year. This crash was a continuation of a downtrend that started in October last year, when it peaked at $217...

Meituan's Wang Xing Suffers $1.1 Billion Wealth Dip Due To Subsidy War
Wang Xing, founder of Chinese food delivery leader Meituan, saw his wealth plunge $1.1 billion during morning trading Thursday as his company's Hong Kong-listed shares sank as much as 11.3% after it a...
Meituan (3690) Faces Profit Decline Amid Intense Competition with Alibaba
Meituan (3690) Faces Profit Decline Amid Intense Competition with Alibaba

Hong Kong stocks extend decline on Meituan profit slump, Nvidia outlook
Hong Kong stocks fell on Thursday as the price wars in the food delivery and electric vehicle (EV) sectors and AI chipmaker Nvidia’s downbeat outlook weighed on sentiment. The Hang Seng Index dropped ...
Meituan (MPNGF) Q2 2025 Earnings Call Transcript
Meituan reports Q2 results
Meituans Profit Tumbles as Food-Delivery Price War Takes Toll

Meituan sales weaken, profit plummets amid ‘irrational’ delivery price war
Chinese on-demand local services giant Meituan saw second-quarter earnings fall, as it faced off against Alibaba Group Holding and JD.com in a costly instant delivery price war. Beijing-based Meituan ...

Meituan Drives To Brazil For Growth, Only To Crash Into Chinese Rival DiDi
The two Chinese internet giants have sued each other in South America's largest nation over unfair competition related to their food delivery businesses Key Takeaways: Meituan and DiDi filed lawsuits ...

Meituan Drives To Brazil For Growth, Only To Crash Into Chinese Rival DiDi
The two Chinese internet giants have sued each other in South America's largest nation over unfair competition related to their food delivery businesses

China's top food delivery firm Meituan misses revenue estimates
China's leading food delivery group Meituan , on Wednesday reported a 11.6% rise in second-quarter revenue missing expectations as it faces increasing competition in the "instant retail" sector.

Alibaba Unites Its Empire To Fight Back Against Meituan
Alibaba Group (NYSE: BABA) and its fintech affiliate Ant Group , co-founded by Jack Ma, have launched a unified strategy to take on Meituan (OTC: MPNGY) in China’s instant commerce market . For the ...

Alibaba, Ant combine forces to take on Meituan in instant commerce market
Alibaba Group Holding and its fintech affiliate Ant Group, both co-founded by Jack Ma, have joined forces to create an army of delivery service workers to defeat Meituan in the instant commerce market...

Alibaba beats Meituan’s delivery market share, fuelled by subsidies
The daily delivery volume of Alibaba Group Holding briefly surpassed rival Meituan last week after it offered free drinks to customers who ordered through its on-demand service amid the industry’s cut...

Free drinks fuel delivery wars between Alibaba and Meituan
Shanghai delivery rider Xie Yu was halfway through his shift on Thursday when he realised he would end up with nearly 100 orders for the whole day, double his average number. The reason for the huge s...

China's Crackdown Forces Alibaba, JD, And Meituan To Call Truce On Price War
Alibaba Group (NYSE: BABA), Meituan (OTC: MPNGY), and JD.com (NASDAQ: JD) pledged on Friday to end aggressive price-based competition that has squeezed margins and drawn regulatory scrutiny. The co...

China’s instant commerce giants commit to a truce in brutal price war
China’s top three on-demand delivery service operators – Alibaba Group Holding, Meituan and JD.com – have publicly announced an “anti-involution” commitment, signalling a truce in their brutal price w...

Meituan, JD.com build central kitchens to ratchet up China’s delivery war
Meituan and JD.com are taking China’s delivery war to another level, as the two instant commerce rivals have started building thousands of central kitchens in strategic locations to speed up fulfilmen...

ByteDance heats up China’s instant delivery race with Alibaba, Meituan
ByteDance’s Douyin, the Chinese counterpart of TikTok, is set to heat up competition in China’s instant commerce sector against Alibaba Group Holding, JD.com and Meituan with the merger of its online ...

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...

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.

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...

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...