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
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Markets
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