Meituan (MPNGY)

OTCMKTS · Delayed Price · Currency is USD
48.42
+0.22 (0.46%)
Oct 29, 2024, 4:00 PM EDT
70.55%
Market Cap 144.45B
Revenue (ttm) 42.07B
Net Income (ttm) 3.10B
Shares Out n/a
EPS (ttm) 0.48
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 174,571
Open 49.21
Previous Close 48.20
Day's Range 48.32 - 49.25
52-Week Range 15.70 - 56.75
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]

Industry Internet Retail
Founded 2003
Employees 114,731
Stock Exchange OTCMKTS
Ticker Symbol MPNGY
Full Company Profile

Financial Performance

Financial numbers in CNY Financial Statements

News

Meituan: Riding On Keeta To Driver Overseas Growth

Meituan's Keeta expansion into overseas markets, particularly Hong Kong and Saudi Arabia, offers a new revenue stream amid China's economic slowdown. Leveraging big data and efficient delivery, Keeta ...

23 hours ago - Seeking Alpha

Trump's Rising Election Odds Sends Emerging Markets Into Tailspin, Causes Biggest Stock Drop In 10 Months

The odds of a Donald Trump victory seem to be having a significant impact on emerging market stocks, which are seeing their worst monthly drop since January . What Happened : The potential implementat...

3 days ago - Benzinga

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.

21 days ago - South China Morning Post

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.

26 days ago - South China Morning Post

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.

4 weeks ago - Invezz

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.

4 weeks ago - CNBC Television

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.

4 weeks ago - CNBC

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...

4 weeks ago - Yahoo Finance

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.

4 weeks ago - BNN Bloomberg

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.

5 weeks ago - Reuters

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.

5 weeks ago - BNN Bloomberg

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.

5 weeks ago - South China Morning Post

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...

5 weeks ago - BNN Bloomberg

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.

5 weeks ago - South China Morning Post

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.

6 weeks ago - South China Morning Post

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...

6 weeks ago - Benzinga

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.

7 weeks ago - South China Morning Post

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.

2 months ago - Seeking Alpha

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.

2 months ago - The Wall Street Journal

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 -...

2 months ago - Seeking Alpha

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.

2 months ago - South China Morning Post

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.

2 months ago - The Wall Street Journal

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.

2 months ago - Reuters

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.

2 months ago - MarketWatch

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."

2 months ago - Business Insider