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 31186547100

    https://www.meituan.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Internet Retail

    Fiscal Year End

    31 December 2026

    Employees

    111,298

Stocks News & Analysis

stocks

Older cohorts the budget losers, not necessarily the ASX listed insurers

Proposed legislation removes health insurance rebates.
stocks

Turnaround progressing for ASX share

Margins have rebased by shares are undervalued.
stocks

Investors overlooking ASX share’s potential

International expansion is a distraction from valuable local business.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,735.4083.10-0.94%
CAC 407,987.490.000.00%
DAX 4024,307.92357.351.49%
Dow JONES (US)49,430.7895.39-0.19%
FTSE 10010,323.75128.381.26%
HKSE25,675.18287.55-1.11%
NASDAQ25,941.50283.64-1.08%
Nikkei 22560,815.95593.34-0.97%
NZX 50 Index12,762.92202.09-1.56%
S&P 5007,366.0542.45-0.57%
S&P/ASX 2008,505.3072.60-0.85%
SSE Composite Index4,131.533.86-0.09%

Market Movers