Meituan (MPNGF)
Meituan operates in the Specialty Retail industry of the Consumer Cyclical sector, headquartered in Beijing, BE, CN. The stock last traded at $12.00, up 0.00% on the session, giving a market capitalisation of $74.06B. On trailing twelve-month figures it carries a trailing P/E of -11.97, a net margin of -10.9%. Its beta of 0.20 implies it has historically moved less than the broad market.
Meituan oversees a comprehensive digital marketplace that provides a diverse array of services to consumers. The company structures its operations across three primary divisions: Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others. Within its Food Delivery arm, customers can conveniently place orders for meals prepared by various merchants. The In-store, Hotel & Travel segment allows users to acquire local consumer services from numerous in-store businesses or to book accommodations and tourist attractions. The New Initiatives and Others segment includes revenues from B2B food wholesale and Meituan grocery services, alongside various emerging ventures such as Meituan Instashopping, community e-commerce platforms, shared transportation options like bike and electric moped rentals, and micro-credit offerings. Founded in 2003, the enterprise was formerly identified as Meituan Dianping until it rebranded as Meituan in October 2020. Its corporate headquarters are located in Beijing, China.
Meituan is most often compared with the following Consumer Cyclical names: