Meituan

9MDA

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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Impact of ANZ’s huge fine

Working to prevent repeated failures could also improve competitiveness.
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Acquisition a sign of weakness for overvalued ASX share

Acquisition unlikely to improve prospects in the US and detracts from other opportunities.

Morningstar Investment Ideas

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