Meituan

MPNGY

Company Profile

  • Business description

    Meituan is the largest food delivery platform in China, with a 60%-70% share of the market in 2024, according to Morningstar estimates. In the third quarter of 2024, the firm generated 74% of its revenue from the core local commerce segment, which includes on-demand food delivery and retail, in-store services (such as visiting beauty and entertainment stores after purchasing deals on Meituan), and hotel and travel booking. The remaining 26% of revenue came from the new initiatives segment, such as the community group purchase business Meituan Select and the overseas food delivery business.

  • Contact

    No. 4 Wang Jing East Road
    Block B and C, Hengjiweiye Building
    Chaoyang District
    Beijing100102
    CHN

    T: +86 10107888

    https://about.meituan.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Internet Retail

    Fiscal Year End

    31 December 2025

    Employees

    109,185

Stocks News & Analysis

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Small caps are catching fire

For good reason.
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Moated ASX player’s future growth prospects look solid

We expect the strong earnings momentum at this company to continue, with shares looking fairly valued.
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Ask the analyst: Can this genius product create the next ASX software king?

SiteMinder’s newly released product for hotel owners and travel agents could widen its moat and see revenue accelerate further.

Morningstar Investment Ideas

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