Meituan
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
CHNT: +86 31186547100
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Internet Retail
Fiscal Year End
31 December 2026
Employees
111,298
Stocks News & Analysis
stocks
Ahead of earnings, is Nvidia a buy, a sell, or fairly valued?
stocks
Higher interest rates boost earnings for ASX real estate platform
stocks
After earnings, is Palantir a buy, a sell, or fairly valued?
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,884.20 | 11.20 | 0.13% |
| CAC 40 | 7,979.92 | 76.46 | -0.95% |
| DAX 40 | 23,954.93 | 395.35 | -1.62% |
| Dow JONES (US) | 49,760.56 | 56.09 | 0.11% |
| FTSE 100 | 10,265.32 | 4.11 | -0.04% |
| HKSE | 26,412.90 | 64.99 | 0.25% |
| NASDAQ | 26,088.20 | 185.92 | -0.71% |
| Nikkei 225 | 63,172.02 | 429.45 | 0.68% |
| NZX 50 Index | 13,053.31 | 27.02 | -0.21% |
| S&P 500 | 7,400.96 | 11.88 | -0.16% |
| S&P/ASX 200 | 8,635.60 | 4.60 | 0.05% |
| SSE Composite Index | 4,218.22 | 3.73 | 0.09% |