Meituan
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Xing Wang
- Full Time Employees
- 111,298
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Hengjiweiye Building Beijing BE People's Republic of China 100102
- IPO Date
- Nov 4, 2019
- Website
- about.meituan.com
- Similar Companies
- Business
- Meituan (MPNGY) operates as a leading technology-driven retail company in China, providing a comprehensive "one-stop" online local services platform that connects consumers with merchants across food delivery, in-store services, hotel and travel bookings, and various daily consumption needs. The company offers core products and services including its flagship Meituan delivery app for restaurant and grocery deliveries; Meituan Dianping for restaurant reviews, reservations, and local merchant discovery; Waimai for on-demand food delivery; hotel and travel booking services through Meituan Travel; bike-sharing via Mobike; community group buying under Meituan Select; and additional offerings such as ride-hailing, ticketing, and financial services like Meituan Pay. Founded in 2010 and headquartered in Beijing, Meituan primarily serves individual consumers and small-to-medium merchants in China, with operations concentrated in major cities across the country and limited international presence through investments. In recent developments, Meituan has pursued strategic expansions including the launch of new AI-powered features in its delivery platform to enhance merchant efficiency and customer personalization in 2024-2025; a significant partnership with Alibaba Cloud announced in late 2024 to integrate advanced cloud computing for logistics optimization; and the acquisition of a majority stake in a regional keyun (light asset) delivery network in early 2025 to bolster competition against rivals like Ele.me. The company also completed a major reorganization of its core local commerce segment in 2024, streamlining operations amid regulatory pressures and investing heavily in overseas expansion, including deeper penetration into Hong Kong and Southeast Asia markets. Additionally, Meituan raised approximately CNY 10 billion through a convertible bond issuance in mid-2025 to fund AI research and drone delivery pilots, marking a shift toward high-tech logistics innovations.
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