Meituan (MPNGY)
Market Cap | 98.15B |
Revenue (ttm) | 48.35B |
Net Income (ttm) | 5.58B |
Shares Out | n/a |
EPS (ttm) | n/a |
PE Ratio | 17.59 |
Forward PE | 16.39 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 38,928 |
Average Volume | 248,307 |
Open | 32.38 |
Previous Close | 30.80 |
Day's Range | 31.74 - 32.40 |
52-Week Range | 25.60 - 56.75 |
Beta | 0.36 |
RSI | 47.99 |
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

Alibaba’s ‘Super Saturdays’ event to heat up China’s on-demand delivery market
Alibaba Group Holding will roll out a programme called “Super Saturdays” over the next 100 days to lure more consumers to its platform, while escalating a price war against Meituan and JD.com in the m...

China’s ecommerce giants battle for instant delivery crown
JD.com and Alibaba are luring shoppers with discounts in push to grab market share from rival Meituan

Alibaba Bleeds Billions As Delivery Price War Erases $100 Billion In Market Value
Alibaba Group Holding (NYSE: BABA) matched its record of 80 million on-demand deliveries on Saturday, intensifying its competition with Meituan (OTC: MPNGF) (OTC: MPNGY) and JD.com (NASDAQ: JD) in...

Alibaba delivers 80 million orders in 1 day amid price war
Alibaba Group Holding tied its own record of 80 million on-demand deliveries on Saturday, the e-commerce giant reported on Monday, as it wages an all-out battle against rivals Meituan and JD.com in Ch...

Meituan’s daily orders hit record 150 million amid rivalry with JD.com, Alibaba
Meituan, mainland China’s top on-demand delivery giant, said on Sunday that daily orders on its platform have surged to another all-time high – a sign that the company has managed to fend off competit...

Chinese AI stocks to extend DeepSeek-driven run, analysts say
Chinese artificial intelligence (AI) stocks are expected to defy a slowdown across industries, as the mainland relies on the technology to boost business efficiency and revive economic growth, accordi...

JD.com’s US$1.4 billion plan heats up delivery battle with Meituan, Alibaba
JD.com has pledged more than 10 billion yuan (US$1.4 billion) under its ambitious “Double Hundred Plan” to support so-called benchmark brands across various categories, further heating up China’s on-d...

Alibaba's Delivery Ambition Sets Stage For China's Epic Clash Of Giants
Alibaba Group Holding (NYSE: BABA) reported a sharp rise in on-demand delivery transactions , with combined daily orders on its platforms, Taobao Instant Commerce and Ele.me, reaching 80 million. Thi...

Taobao’s daily orders soar as China’s instant e-commerce war heats up
Alibaba Group Holding is seeing a rapid acceleration in the volume of on-demand delivery transactions, the latest sign of growing rivalry with Meituan and JD.com in China’s instant e-commerce market. ...

Meituan captures record orders as e-commerce war fuels demand for delivery
Meituan said daily transaction volume on its dominant on-demand delivery reached an all-time high since its inception in 2010, briefly crashing its platform as online purchases surged amid a fresh rou...

Alibaba’s US$7 billion subsidy deepens China’s instant shopping battle
Alibaba Group Holding’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion yuan (US$7 billion) over the next 12 months for both consumers and merchant...

Alibaba Absorbs Ele.me Escalating Retail War With Meituan And JD.com
The merger of its Ele.me service with its core e-commerce business marks a new stage in the e-commerce giant's three-way "on-demand retail wars" with Meituan and JD.com Key Takeaways: Alibaba has shut...

Alibaba Absorbs Ele.me Escalating Retail War With Meituan And JD.com
The merger of its Ele.me service with its core e-commerce business marks a new stage in the e-commerce giant's three-way "on-demand retail wars" with Meituan and JD.com

China's Food Delivery War Heats Up As JD.com Recruits Thousands Of Full-Time Riders
JD.com (NASDAQ: JD) has begun recruiting full-time meal delivery riders through JD Logistics, stepping up its competition with Meituan (OTC: MPNGY) and Alibaba Group Holding (NYSE: BABA) in China’s...

JD.com hires full-time food delivery riders to challenge Meituan, Alibaba
JD Logistics has kicked off recruitment of full-time meal delivery riders, as its parent – e-commerce giant JD.com – intensifies efforts to compete with Meituan and Alibaba Group Holding in the lucrat...

Alibaba Integrates Ele.me And Fliggy Into Core Business To Battle Rivals In Delivery War
Alibaba Group Holding (NASDAQ: BABA) is merging its food delivery platform Ele.me and online travel agency Fliggy into its core e-commerce business. The restructuring signifies Alibaba’s strategic re...

Meituan keeps tight grip on 70% of food delivery market in China, report says
Meituan, the Chinese on-demand delivery giant, is maintaining a steady hold on its 70 per cent market share in domestic food delivery, despite intensifying competition from JD.com and Alibaba Group Ho...

JD.com takes its Meituan rivalry to Saudi Arabia with express delivery service
Chinese e-commerce giant JD.com is extending its deep-seated rivalry with Meituan to Saudi Arabia, launching a self-operated courier service in the country as it extends its footprint in the Middle Ea...
Meituan: In Good Position To Defend Itself And Continue To Grow

Hong Kong stocks rise as US, China negotiators gear up for trade talks
Hong Kong stocks rose on Monday as mainland China and the US were set to hold trade talks in London, as Beijing released better-than-expected economic data. The Hang Seng Index rose 1.3 per cent to 24...

Hong Kong’s food delivery scene soars with drone services to Ma On Shan
Food delivery services in Hong Kong have reached new heights as a major provider deploys drones to send orders, a move that cuts waiting time by 35 minutes. The new service, provided by Keeta, a subsi...
Meituan to Expand Drone Delivery Routes Over Dubai
Keeta, the overseas brand of Chinese food delivery giant Meituan, is expanding its drone delivery service in Dubai as part of an ambitious overseas push. Vice President Yinian Mao speaks with Bloomber...
Meituan's drone deliveries 'just one part of the picture': Vice President
Meituan's Keeta unit launches drone deliveries in Hong Kong, extending its existing routes on Mainland China. Meituan's vice president Yinian Mao talks to Emily Tan about the company's drone delivery ...

Meituan's drone deliveries 'just one part of the picture': Vice President
Meituan's Keeta unit launches drone deliveries in Hong Kong, extending its existing routes on Mainland China. Meituan's vice president Yinian Mao talks to Emily Tan about the company's drone delivery ...